V.F.: Fiscal Third Quarter Financial Results Overview
V.F. Corp. Exceeds Earnings Expectations in Third Quarter
V.F. Corp., headquartered in Denver, announced on Wednesday that its fiscal third-quarter profit reached $300.8 million.
The company reported earnings of $0.76 per share, with adjusted earnings—excluding one-time gains—coming in at $0.58 per share.
These results outperformed analysts’ predictions, as the consensus among seven analysts polled by Zacks Investment Research was $0.43 per share.
V.F. Corp., known for popular brands like Vans, The North Face, and Timberland, also reported quarterly revenue of $2.88 billion, surpassing the $2.76 billion forecasted by six Zacks analysts.
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