V.F. Corp (VFC) Stock Stumbles on Q4 Loss & Revenue Miss
VFCVF(VFC) zacks.com·2024-05-24 01:05

V.F. Corporation (VFC) reported fourth-quarter fiscal 2024 results, wherein the top and bottom lines missed the Zacks Consensus Estimate. Both metrics also declined year over year. The quarterly results were hurt by the ongoing softness in the U.S. wholesale business.V.F. Corp reported an adjusted loss per share of 32 cents against earnings per share of 17 cents in the prior-year quarter. The bottom line also compared unfavorably with the Zacks Consensus Estimate of earnings of 1 cent.Net revenues of $2.37 ...