Actionable news
All posts from Actionable news
Actionable news in VFC: V.F. CORPORATION,

VF Corp. sales miss, lowers outlook

VF Corp. on Friday reported softer-than-expected sales and edged down its revenue outlook for the year, as the apparel conglomerate continues to struggle with weakness in its sportswear and contemporary brands businesses.

The owner of apparel brands such as Wrangler and Jansport says it is now expecting revenue, backing out currency fluctations, to grow 7.5%, down from its July guidance for 8% growth.

VF said it is seeing weaker-than-expected results in its business that supplies workwear due to...