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VF Corporation (VFC) 4Q17 Results: Mixed Results, Mixed Guidance

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Coresight Research

Key Points

  • VF Corporation reported 4Q17 adjusted EPS of $1.01. Revenues were $3.65 billion, slightly below the consensus estimate of $3.67 billion.
  • During the quarter, the company announced that it had reached a decision to sell its Nautica brand business.
  • The company guided for 1Q18 EPS of $0.65, above the consensus estimate of $0.63. The company expects 1Q18 revenue of $2.9 billion, which is lower than the consensus estimate of $2.95 billion.
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