Flash Report 3 minutesRegister for Free AccessVF Corporation (VFC) 2Q16 Results: Lowers Full-Year Guidance, Noting Challenging Environment in the US Coresight Research July 26, 2016 Executive Summary VF Corporation reported 2Q16 EPS of $0.35, beating the consensus estimate by a penny and representing a 9.8% decrease from EPS of $0.39 in the year-ago quarter. The company reported revenues of $2.45 billion, up 1% in currency-neutral terms. Revenues were driven by positive results from the Outdoor & Action Sports, Jeanswear and Imagewear segments and the direct-to-consumer and international businesses. Outdoor & Action Sports revenues grew by 2% during the quarter. Within the segment, revenue for The North Face brand was up 2% and revenue for the Vans brand was up 4% (6% in currency-neutral terms). The company lowered its FY16 revenue guidance from mid-single-digit growth to 3%–4% growth, not including the Contemporary Brands coalition. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Primis Enhances the Post-Purchase Journey for Brands and CustomersFive Things To Know About Generative AI in ChinaThe Latest on Consumer Sentiment: US Consumer Survey InsightsShoptalk Europe 2024 Startup Pitch Competition: Innovator Profiles