V.F. Fiscal Q1 Adjusted Loss Widens, Revenue Falls; Shares Down Pre-Bell
MT Newswires Live
Jul 29
V.F. (VFC) reported a fiscal Q1 adjusted loss Wednesday of $0.27 per diluted share, wider than an adjusted loss of $0.24 a year earlier.
Analysts polled by FactSet expected a loss of $0.22.
Revenue for the quarter ended June 27 was $1.67 billion, down from $1.76 billion a year earlier.
Analysts surveyed by FactSet expected $1.64 billion.
Shares of the company were down 4% in recent premarket activity Wednesday.
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