VF Posts Fiscal Q4 Breakeven, Revenue Increases; Shares Up Pre-Bell

MT Newswires Live
May 20

VF (VFC) on Wednesday reported breakeven adjusted earnings for fiscal Q4, compared with an adjusted loss of $0.14 a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended March 28 was $2.17 billion, up from $2.14 billion a year earlier.

Analysts surveyed by FactSet expected $2.13 billion.

Shares of the company were up more than 8% in recent premarket activity Wednesday.

Price: 18.10, Change: +1.36, Percent Change: +8.18

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