V.F. Corp. (VFC) Misses Q2 EPS by 4c, Offers FY Guidance

V.F. Corp. (NYSE: VFC) reported Q2 EPS of $1.11, $0.04 worse than the analyst estimate of $1.15. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.52 billion.

GUIDANCE:

V.F. Corp. sees FY2022 EPS of $3.20, versus the consensus of $3.17. V.F. Corp. sees FY2022 revenue of $12 billion, versus the consensus of $11.96 billion.

• Full year fiscal 2022 revenue is now expected to be approximately $12.0 billion, reflecting growth of around 30 percent, including an approximate $600 million contribution from the Supreme® brand; full year fiscal 2022 adjusted earnings per share is expected to be around $3.20, including an approximate $0.25 contribution from the Supreme® brand.

For earnings history and earnings-related data on V.F. Corp. (VFC) click here.

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