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.
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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.
Costa Mesa, Calif., October 19, 2021 – Vans is set to host the Vans Checkerboard Day on November 18, 2021, focusing on community revitalization through creativity. In partnership with DoSomething.org, Vans will contribute $1 million USD to support 16 charities globally, each receiving $50,000 USD. This initiative aims to uplift public spaces and engage young people in community action, reflecting art's positive impact on communities. Over $2 million has been raised since the program's inception in 2019.
VF Corporation (NYSE: VFC) is set to unveil its second quarter fiscal 2022 financial results on October 22, 2021, at 6:55 a.m. ET. Following this, management will hold a conference call at 8:30 a.m. ET to discuss the outcomes. Investors can access the live broadcast via ir.vfc.com. VF Corporation, founded in 1899, is a leading global apparel and footwear company, renowned for brands like Vans, The North Face, and Timberland. The company is committed to promoting sustainable lifestyles while delivering value to stakeholders.
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VF Corporation (NYSE: VFC) has announced the immediate resignation of Veronica Wu from its Board of Directors. Her departure, which is not linked to any disagreements regarding the company's operations or policies, will reduce the board size from 12 to 11 members until a new director is appointed. Wu joined the board in March 2019. VF Corporation, founded in 1899, is a leading global apparel and footwear company known for brands like Vans®, The North Face®, Timberland®, and Dickies®, promoting sustainable lifestyles.
Roblox (NYSE: RBLX) and Vans have partnered to launch Vans World, an interactive skateboarding experience within the Roblox metaverse. This unique platform allows users to customize Vans skate shoes and interact with friends while practicing skateboarding tricks. The experience features four customizable shoe silhouettes and aims to blend real-world fashion with virtual engagement, showcasing Vans' commitment to creative expression. This marks Vans' first significant venture into the metaverse, emphasizing the brand's connection to youth culture and skateboarding.