V.F. (VFC) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - V.F. (VFC) reported a revenue of $2.37 billion for the quarter ended March 2024, reflecting a 13.4% decline year-over-year, with an EPS of -$0.32 compared to $0.17 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $2.4 billion, resulting in a surprise of -1.26%, while the EPS surprise was -3300.00% against a consensus estimate of $0.01 [1] Revenue Performance by Geography - Americas: Revenue was $1.13 billion, down 22.3% year-over-year, and below the average estimate of $1.23 billion [2] - EMEA: Revenue reached $869.90 million, a decrease of 3.5% year-over-year, exceeding the average estimate of $821.62 million [2] - APAC: Revenue was $377.70 million, down 2.8% year-over-year, slightly above the average estimate of $375.10 million [2] Revenue Performance by Segment - Active: Revenue was $914.04 million, down 19.3% year-over-year, and close to the average estimate of $914.74 million [2] - Outdoor: Revenue reached $1.22 billion, a decline of 7.7% year-over-year, slightly below the average estimate of $1.24 billion [2] - Work: Revenue was $240.33 million, down 16.3% year-over-year, and below the average estimate of $247.57 million [2] Revenue Performance by Brand - Dickies: Revenue was $162.40 million, down 15.2% year-over-year, slightly above the average estimate of $160.22 million [2] - The North Face: Revenue reached $814.30 million, a decrease of 5.3% year-over-year, slightly above the average estimate of $811.27 million [2] - Vans: Revenue was $631.20 million, down 26.4% year-over-year, below the average estimate of $666.16 million [2] - Timberland: Revenue reached $341.50 million, down 13.7% year-over-year, below the average estimate of $351.47 million [2] Revenue Performance by Channel - Direct-To-Consumer: Revenue was $1.09 billion, exceeding the average estimate of $1.03 billion [2] - Wholesale: Revenue reached $1.28 billion, below the average estimate of $1.42 billion [2] Stock Performance - V.F. shares have returned -3.8% over the past month, contrasting with the Zacks S&P 500 composite's +7.3% change, and the stock currently holds a Zacks Rank 3 (Hold) [3]