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VF Q1 sales up, adjusts earnings outlook

First quarter revenue increased 3 percent or 7 percent in constant dollars to 2.3 billion dollars at VF Corporation, driven by increases in the EMEA and Americas regions partially offset by a decline in the APAC region primarily due to COVID lockdowns in China. Commenting on the results, Steve Rendle, chairman, President and CEO of VF said: “We...

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ManagementFeatured

VF Q1 revenues increase, updates FY23 earnings outlook

VF Corporation’s first quarter revenue of 2.3 billion dollars, was up 3 percent or 7 percent in constant dollars with big four brands up 2 percent or 6 percent in constant dollars and the balance of the portfolio up 9 percent or 16 percent in constant dollars. VF is maintaining its currency adjusted FY23 outlook while revising its earnings...

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