Financial reporting

VF raises FY guidance as Q1 sales and profits beat estimates

By Frank Prenesti 2021-08-02T16:35:00

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VF Corp lifted its annual guidance after posting better-than-expected earnings and sales in its first quarter ended June 30 as retail demand for the company’s top brands continued to recover from the impact of the Covid-19 pandemic. Revenues for the three months more than doubled to $2,194 million, compared with ...

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