Financial

VF braces for weaker consumer environment, lowers FY outlook

By 2022-10-28T11:13:00

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VF Corp is maintaining its full-year revenue growth guidance of 5-6 percent, citing its balanced portfolio and a building recovery in China as two examples, but has lowered expectations on some key financial metrics due to currency headwinds, higher inventory levels and a more promotional environment. The North Face parent ...

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