Recap: VF Q3 Earnings

Shares of VF VFC moved lower by 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 24.39% over the past year to $0.93, which beat the estimate of $0.90.

Revenue of $2,972,000,000 decreased by 12.20% from the same period last year, which missed the estimate of $3,000,000,000.

Guidance

The upcoming fiscal year's EPS expected to be between $1.30 and $1.30.

The upcoming fiscal year's revenue expected to be between $9,100,000,000 and $9,200,000,000.

Details Of The Call

Date: Jan 27, 2021

Time: 08:30 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/vfc/mediaframe/42535/indexl.html

Technicals

Company's 52-week high was at $89.68

Company's 52-week low was at $45.07

Price action over last quarter: Up 17.36%

Company Profile

VF designs, produces, and distributes branded apparel and accessories. Its largest apparel categories include action sports, outdoor, and workwear. Its portfolio of about 20 brands includes Vans, The North Face, Timberland, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. The company has grown through multiple acquisitions and traces its roots to 1899.