VF Corporation (NYSE:VFC) stock slipped Wednesday even after the apparel company reported better-than-expected quarterly results and projected another year of growth.
Investors appeared focused on management’s warning that tariffs and higher oil prices could pressure margins in the second half of fiscal 2027.
Quarter In Detail
VF reported fourth-quarter adjusted earnings of break-even per share, topping analyst estimates for a loss of 1 cent per share. Quarterly revenue rose 1% year over year to $2.17 billion, exceeding Wall Street expectations of $2.13 billion.
Revenue excluding the Dickies business increased 4%, or 1% in constant currency. The company sold Dickies during the third quarter of fiscal 2026.
Fiscal 2026 gross margin expanded 130 basis points year over year to 54.8%. Operating income increased …