Friday, March 5, 2021


VF Corporation announced 4Q results

USA: 2016. The company noted a slight rise in revenue in the fourth quarter. Driven by strength in international and…

By gta_admin , in Comapny news International News , at February 18, 2017 Tags:

USA: 2016. The company noted a slight rise in revenue in the fourth quarter. Driven by strength in international and direct-to-consumer platforms and Vans business, revenue was up by 1% to US $ 3.3 billion.

In the full year period 2016, the revenue from continuing operations also went up 1% to US $ 12 billion while the international revenue increased 4%. The company generated net sales of US $ 3,290.9 million, down 0.1% year over year.

Fourth quarter revenue for Outdoor & Action Sports was up 2% to US $ 2.1 billion. Full year Outdoor & Action Sports revenue also increased 2% in 2016 to US $ 7.5 billion. During the current year, the revenue has been expected to increase at a low single-digit percentage rate including about a two percentage point negative impact from changes in foreign currency.

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