V.F. Corp. (VFC) Tops Q4 EPS by 13c; Reaffirms
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VF Corporation Reports Third Quarter Earnings, Reaffirms Full Year Fiscal 2023 EPS Outlook and Revenue Within the Prior Range and Unveils Actions to Strengthen Financial Position
February 7, 2023 4:05 PM ESTDENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) today announced financial results for its third quarter (Q3'FY23) ended December 31, 2022 and a series of actions to accelerate the path to its target leverage ratio and sharpen its focus, including declaring a quarterly per share dividend of $0.30, reflecting a 41% decrease over the previous quarters dividend.
Q3'FY23 Financial Highlights
Revenue down 3% (up 3% in constant dollars) to $3.5 billion Earnings per share (EPS) down 1% to $1.31; Adjusted EPS down 17% to $1.12Benno Dorer, Interim President and CEO,... More
