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Article Date: January 2025
Word Count: 722

VF Corp. Benefits from Turnaround as TNF and Timby Outperform


Net income was $167,780,000 in fiscal Q3 ended Dec. 31 against a loss of $42,452,000 a year ago, lapping a hefty impairment charge, as revenues grew by 2% to $2,833,912,000 from $2,780,194,000, ahead of guidance and helped by strong seasonal sales of The North Face and Timberland. VFC incurred a relatively small $51 million impairment this year on Dickies, down from $257 million on Timberland and Dickies last year. Wholesale accounted for all the topline improvement, jumping 8% to $1,268.3 million, helped by additional reorders, lower cancellations, and a pull-forward of ... Log in to view full article.

 


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