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0.000418410041840921 -0.00209205020920505 -0.0100418410041842 -0.0041841004184101 -0.00460251046025102 0.00502092050209194 -0.00460251046025102 0.00167364016736398
Stock impact report

V.F. Corp (VFC) Stock Stumbles on Q4 Loss & Revenue Miss [Yahoo! Finance]

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Yahoo! Finance
Both metrics also declined year over year. The quarterly results were hurt by the ongoing softness in the U.S. wholesale business. V.F. Corp reported an adjusted loss per share of 32 cents against earnings per share of 17 cents in the prior-year quarter. The bottom line also compared unfavorably with the Zacks Consensus Estimate of earnings of 1 cent. Net revenues of $2.37 billion declined 13% year over year and in constant-currency. Revenues also missed the Zacks Consensus Estimate of $2.4 billion. V.F. Corporation Price, Consensus and EPS Surprise V.F. Corporation price-consensus-eps-surprise-chart | V.F. Corporation Quote The adjusted gross margin contracted 120 basis points (bps) to 48.4%. This was driven by a 300-bps adverse rate impact, mainly stemming from its reset actions and ongoing promotional activity, as well as negative transactional foreign currency impacts. The decline was partly offset by gains of 180 bps from a favorable mix. The company reported an opera Show less Read more
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