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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| VF Corporation | NYSE:VFC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.255 | -2.05% | 12.205 | 12.51 | 12.055 | 12.39 | 4,373,817 | 20:47:57 |
From May 2019 to May 2024
By Allison Prang
Retailer VF Corp. logged a loss as revenue fell by almost half from a year prior.
VF, the parent of Vans and the North Face, reported a loss of $285.6 million, or 73 cents a share. A year earlier, the company's profit was $49.2 million, or 12 cents a share.
The company's loss from continuing operations on an adjusted basis was 57 cents a share.
Net revenue declined to $1.08 billion, falling 48% from a year ago. Analysts expected $975.7 million, according to FactSet.
The company said that three-fourths of retail locations in North America were open when the quarter ended, but more than 120 of its retail stores have re-closed after the quarter ended because of the virus's resurgence.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
July 31, 2020 07:32 ET (11:32 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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