VF Corporation Reports $3.5 Billion Revenue In Last Quarter, Showing “Cautiously Optimistic” Attitude towards Greater China

2月 08, 2023

On February 7, VF Corporation (NYSE: VFC) announced financial results for its third quarter (Q3’FY23) ended December 31, 2022. Total revenue is down 3% (up 3% in constant dollars) to $3.5 billion. Asia Pacific sales increased by 4% at constant exchange rates, driven by the beginning of what could be a return to stronger momentum in Greater China. Sales in Greater China were down 11% and down 1% at constant exchange rates, which was close to flat.
Benno Dorer, Interim President and CEO, said, “We are pleased to reaffirm the recently communicated full-year 2023 EPS outlook w …