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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 | |
---|---|---|---|---|---|---|---|---|
-0.39 | -3.06% | 12.37 | 12.825 | 12.26 | 12.77 | 6,205,102 | 00:50:52 |
By Kimberly Chin
Profit for VF Corp. (VFC) declined in the fourth fiscal quarter as expenses climbed 10% and it had lower operating income.
The Greensboro, N.C.-based owner of Lee and Wrangler jeans said net income for the quarter was $128.8 million, or 32 cents a share, down from $252.8 million, or 63 cents a share, a year earlier. Analysts polled by Refinitiv expected earnings of 59 cents a share.
The company reported adjusted earnings of 60 cents a share. Analysts expected adjusted earnings of 58 cents a share.
Revenue rose 5.5% from a year ago to $3.21 billion. Analysts expected revenue of $3.2 billion.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
May 22, 2019 07:30 ET (11:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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