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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Maximizing Growth Potential in DTC: Four Tech-Driven Strategies for Direct-to-Consumer Businesses To Scale and SucceedTapestry’s Acquisition of Capri Holdings Paves the Way for an American Luxury PowerhouseWeinswig’s Weekly: Is the Metaverse Dead for Retail?Amazon Prime Day India 2024: Wrap-Up—Flagship Event Delivers Record Member Engagement