V.F. Corp. (VFC) Tops Q2 EPS by 1c
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VF Reports Second Quarter 2017 Results; Raises Outlook for 2017
July 24, 2017 6:55 AM EDTSecond quarter revenue from continuing operations increased 2 percent to $2.4 billion (up 3 percent currency neutral); Gross margin from continuing operations improved 80 basis points (up 160 basis points currency neutral) to 49.7 percent; Outdoor & Action Sports revenue increased 4 percent (up 5 percent currency neutral); Vans® brand revenue increased 8 percent (up 9 percent currency neutral) and The North Face® brand revenue increased 5 percent (up 6 percent currency neutral); International revenue increased 4 percent (up 6 percent currency neutral), including 13 percent growth (18 percent currency neutral) in China;... More
