Welcome to our dedicated page for V.F. news (Ticker: VFC), a resource for investors and traders seeking the latest updates and insights on V.F. stock.
V.F. Corporation reports developments for a branded apparel, footwear and accessories portfolio centered on outdoor, active and workwear categories. Its brands include The North Face, Vans and Timberland, and its products are sold through wholesale channels, e-commerce and branded retail stores operated by the company and partners.
Recurring VFC news includes fiscal earnings releases, conference-call schedules, investor conference appearances, board dividend actions, brand-portfolio updates and supply-chain initiatives. Company announcements also cover retail technology and inventory-visibility programs tied to product availability, omnichannel operations and brand protection across its global store and distribution network.
VF Corporation (NYSE: VFC) reported a 22% increase in revenue from continuing operations for Q3, reaching $3.6 billion. Excluding acquisitions, revenue rose 15%. Growth was driven by the Active segment (up 25%) and Outdoor segment (up 23%), despite a 6% decline in Greater China revenue. Adjusted earnings per share increased 45% to $1.35, with full-year revenue guidance raised to approximately $11.85 billion. The company returned $500 million to shareholders and plans to continue dividend payments amidst ongoing challenges related to COVID-19.
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VF Corporation has appointed Nicole Otto as the new Global Brand President of The North Face®. Otto brings 16 years of experience from Nike, where she was Vice President of Nike Direct North America until May 2021. She will succeed Steve Murray, who is retiring in June 2022. Otto's appointment is part of a succession plan aimed at leveraging her expertise in consumer engagement and digital commerce to drive growth in The North Face® brand.
VF Corporation (NYSE: VFC) will release its third quarter fiscal 2022 financial results on January 28, 2022, at approximately 6:55 a.m. ET. A conference call to discuss the results is scheduled for 8:30 a.m. ET the same day, which will be accessible via live broadcast on the company’s investor relations site. VF Corporation, established in 1899, is a leading global apparel and footwear company, connecting consumers to their favorite lifestyle brands like Vans and The North Face.
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VF Corporation (NYSE: VFC) has appointed Allegra Perry as Vice President of Investor Relations, effective January 2022. Reporting to CFO Matt Puckett, Perry will lead the company's Investor Relations program and collaborate with the Executive Leadership Team to define strategic goals and enhance financial communication. With nearly 25 years of experience in retail and investment banking, Perry's extensive background includes senior roles in firms like Mulberry and The Watches of Switzerland Group. Her expertise is expected to bolster the company's growth narrative and stakeholder engagement.
VF Corporation (NYSE: VFC) reported a 23% revenue increase to $3.2 billion for Q2 FY2022, driven by strong demand across its segments, particularly Outdoor which surged 31%. The company achieved a gross margin rise of 290 basis points to 53.7%. Adjusted EPS increased 66% to $1.11. For FY2022, revenue guidance is set at approximately $12.0 billion, reflecting a 30% growth, with significant contributions from its Supreme brand. A quarterly dividend of $0.50 per share is declared, payable on December 20, 2021. Overall, VF demonstrates resilience despite ongoing pandemic challenges.