Company Earning Updates 3 minutes premiumVF Corporation (NYSE: VFC) 4Q19 Results: Spins Off Kontoor Brands, Adjusts Outlook Author By Coresight Research June 12, 2019 Key Points VF Corp. total revenues were $3.21 billion, up 5.5% year over year (9% at constant currency), in line with the consensus estimate. Adjusted EPS declined 10.4% to $0.60, beating the $0.58 consensus estimate. Gross margin expanded 30 basis points to 51.1%, including a 70-bps negative impact from the spin-off of Kontoor Brands. For FY20, management guided for revenue growth of 5–6% and adjusted EPS growth of 15–17%. June 12, 2019 premium Please Log In to read the full report. Not a member? Register for a free user account. Other research you may be interested in:
