Company Earnings UpdateVF Corp. (VFC) 1Q17 Results- Broadly In-Line Against a Backdrop of “Retail Dislocation”, Guides For Low Single Digit Revenue Growth in FY17 Coresight Research May 2, 2017 Executive Summary VF Corp. reported 1Q17 EPS of $0.52, which includes a $0.55 contribution from the licensing business that the company agreed to sell on April 4; consensus called for EPS of $0.55. Total revenues were $2.58 billion, below expectations of $2.73 billion. On a continuing-operations basis, revenues were down 2%, and on a currency-neutral basis, revenues were down 1%. Revenues in the outdoor and action sports category were up 2%, while jeanswear revenues were down 9%. The company guided for a low single-digit decline in full-year EPS versus 2016’s adjusted EPS of $2.98. The company expects full-year EPS to be up by mid-single digits on a currency-neutral basis. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubConsumer Sentiment Shows Signs of Improvement Amid Temporary Tariff Reduction: China Consumer Survey InsightsHoliday Shopping Starts in the Summer: Tariffs Trigger Ultra-Early Holiday Shopping in 2025—Data GraphicWeekly UK Store Openings and Closures Tracker 2025, Week 28: Watches of Switzerland Pulls Back on UK Store Estate
