V.F. (VFC) Q3 Earnings Miss Estimates, Decline Y/Y
VF(VFC) Zacks Investment Research·2024-02-07 17:31
V.F. Corporation (VFC) reported third-quarter fiscal 2024 earnings, wherein the top and bottom lines missed the Zacks Consensus Estimate. Both metrics also declined year over year. The quarterly results were hurt by a shift in the timing of the wholesale deliveries, mostly pronounced for The North Face and the EMEA regions.This currently Zacks Rank #3 (Hold) company's shares have lost 10.3% in the past three months compared with the industry’s 7.4% decline.Q3 HighlightsV.F.’s adjusted earnings of 57 cents p ...