North Face Parent VF Reports Loss as Sales Miss Estimates on Weak Demand
VFCVF(VFC) investopedia.com·2024-05-24 04:21

Key Takeaways VF Corp. reported worse-than-expected results for its fourth quarter, which it blamed on weak demand and too much inventory. The parent of North Face and Vans apparel brands posted a surprising loss per share in the quarter, and its revenue missed forecasts. VF also named a new chief financial officer (CFO). VF shares declined in Thursday trading after the earnings were released after the bell on Wednesday. Shares of VF Corp. (VFC) fell to their lowest level in more than 15 years Thursday afte ...