VF Corp's stock surged 6.02% during pre-market trading on Wednesday, following the release of its third-quarter fiscal 2026 results and updated financial guidance.
The apparel company reported progress in its transformation efforts, delivering revenue growth, margin expansion, and debt reduction in Q3. VF Corp announced earnings per share of $0.76 for the quarter and declared a $0.09 per share dividend payable in March 2026.
Management indicated the company remains on track to deliver its medium-term financial targets, with Q4 revenue expected to be flat to up 2% year-over-year. The company also provided an outlook for Q4 adjusted operating income of $10 million to $30 million and projected FY'26 adjusted operating income to increase compared to the previous year.