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Jan 01, 2022
VF Corp Q3 2022 Earnings Report
Reported strong double-digit top and bottom line results amidst continuing macro headwinds.
Key Takeaways
VF Corporation reported a strong third quarter with revenue increasing 22 percent to $3.6 billion and adjusted earnings per share increasing 45 percent to $1.35. The company reaffirmed its full year earnings outlook.
Revenue from continuing operations increased 22 percent to $3.6 billion.
Adjusted earnings per share from continuing operations increased 45 percent to $1.35.
Gross margin from continuing operations increased 140 basis points to 56.1 percent.
Operating income from continuing operations on a reported basis was $678 million.
VF Corp
VF Corp
VF Corp Revenue by Segment
Forward Guidance
VF's full year fiscal 2022 outlook includes revenue of approximately $11.85 billion and adjusted earnings per share of around $3.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income