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VFC VF Corporation

12.37
-0.39 (-3.06%)
21 May 2024 - Closed
Delayed by 15 minutes
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

VF Corp's 4Q Profit Falls

22/05/2019 12:45pm

Dow Jones News


VF (NYSE:VFC)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more VF Charts.

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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