VF (VFC) reported Wednesday it narrowed its fiscal Q1 adjusted loss to $0.24 per diluted share, compared with $0.35 loss a year earlier.
Analysts surveyed by FactSet expected $0.34 loss.
Revenue for the quarter ended June 28 was $1.76 billion, compared with $1.77 billion a year earlier. Analysts polled by FactSet expected $1.70 billion.
For fiscal Q2, the company expects revenue to fall between 2% to 4%. Analysts surveyed by FactSet expect $2.73 billion.
VF shares were up over 15% in recent Wednesday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.