VF Corp Shares Plunge 15% Amid Effort to Offset Tariff Impacts
7 Articles
7 Articles
VF Corp misses Q4 revenue targets as tariff uncertainty dampens demand
VF Corp., the apparel and footwear manufacturer behind brands like Vans and The North Face, reported fourth-quarter revenue below expectations, citing mounting macroeconomic headwinds and tariff uncertainties. Revenue dropped 5 per cent year-over-year (YoY) to US $ 2.14 billion, falling short of the US $ 2.18 billion estimated by analysts, sending shares down nearly 11 […] The post VF Corp misses Q4 revenue targets as tariff uncertainty dampens …
Vans Drags Down Q4 Revenue at V.F. Corp. - Orange County Business Journal
Vans owner V.F. Corporation blamed the Costa Mesa-based retailer for dragging down fourth quarter revenue, which fell 5% to $2.1 billion, the Denver company said Wednesday. Sales at Vans were down 22% for the quarter. Bracken Darrell, president and CEO, said if the company excluded results from Vans, “we’re up 4%.” Darrell said 60% of Vans’ quarterly decline was due to deliberate actions taken to “eliminate unprofitable” parts of the business, i…
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