UPDATE: VF Posts 20% Surge In Q2 Profit, Lifts Forecast - VF (NYSE:VFC)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

VF Corp (NYSE: VFC) reported a 20% rise in its second-quarter profit. VF lifted its full-year adjusted earnings view to around $9.50 per share, up versus its earlier forecast of $9.45 per share. VF's quarterly profit gained to $155.3 million, or $1.40 per share, versus $129.4 million, or $1.17 per share, in the year-ago period. Excluding other items, VF's adjusted earnings came in at $1.11 per share.Its revenue climbed 16% to $2.14 billion. However, analysts were expecting earnings of $0.94 per share on revenue of $2.18 billion. VF's gross margin rose to 46.1% from 45.9%.VF shares gained 3.92% to $147.37 in pre-market trading.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!