Flash ReportVF 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. 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: Shoptalk Spring 2025 “Shark Reef” Startup Pitch: Preview—12 Innovators Leveling Up the Customer Experience and Streamlining OperationsFive Ways AI Is Being Used in Beauty Retailing (Plus One Bonus)—and What’s NextWeekly UK Store Openings and Closures Tracker 2025, Week 36: UK Sees 25% Fewer Closures Year Over YearHoliday Bites: Resale Shopping and Secondhand Selling—Data Graphic
