Reported 1 day ago
VF Corp. experienced a decline in stock value even though it reported earnings exceeding expectations for the third quarter of fiscal 2025, bolstered by sales growth for its brands, including North Face and Timberland. The company recorded a net income of $167.78 million and revenue of $2.83 billion, but projected a revenue drop of 4% to 6% for the current quarter. CEO Bracken Darrell acknowledged the need for improvement in sales and margins as the company continues its transformation.
Source: YAHOO