VF’s Q2 Profit Indicates Progress on Turnaround Plan
VF Corp. is progressing on its turnaround plan, besting Wall Street’s expectations in the second quarter. For the second quarter ended Sept. 27, VF posted net income of 52.2 million, or 13 cents, in the same year-ago period. Revenues rose 1.6 percent to 2.76 billion. By channel, direct-to-consumer sales were down 1 percent to 1.89 billion. More from WWD Wall Stre ...