VF Fiscal Q3 Adjusted Earnings, Net Revenue Rise

MT Newswires Live
29 Jan

VF Corp. (VFC) reported fiscal Q3 adjusted earnings Wednesday of $0.62 per diluted share, up from $0.45 a year earlier.

Analysts polled by FactSet expected $0.34.

Net revenue for the quarter ended Dec. 28 was $2.83 billion, compared with $2.78 billion a year earlier.

Analysts polled by FactSet expected $2.75 billion.

The company said it expects fiscal Q4 revenue to decline 4% to 6%.

Analysts polled by FactSet expect revenue of $2.26 billion.

VF shares were up 5% in recent Wednesday premarket activity.

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