V.F. Corp. (VFC) Declares $0.30 Quarterly Dividend; 6.3% Yield

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Go back to V.F. Corp. (VFC) Declares $0.30 Quarterly Dividend; 6.3% Yield

VF Corporation Reports In-Line Fourth Quarter Revenue and Earnings, Declares Dividend of $0.30 Per Share, and Issues Fiscal 2024 Outlook

May 23, 2023 4:05 PM EDT

DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) today announced financial results for its fourth quarter (Q4'FY23) and fiscal year ended April 1, 2023 (FY23) in line with guidance.

Q4'FY23 Financial Highlights

Revenue $2.7 billion, down 3% (flat in constant dollars) Earnings (loss) per share (EPS) $(0.55) vs. Q4'FY22 $0.21; Adjusted EPS $0.17 vs. Q4'FY22 $0.45

FY23 Financial Highlights

Revenue $11.6 billion, down 2% (up 3% in constant dollars) EPS $0.31 vs. FY22 $3.10; Adjusted EPS $2.10 vs. FY22 $3.18

Benno Dorer, Interim President and CEO,... More