Wall Street analysts project V.F. Corporation will report a quarterly loss of -$0.22 per share, an 8.3% improvement year over year, on revenues of $1.67 billion, a 4.9% decline from the same quarter last year. The consensus EPS estimate has been revised upward by 1.6% over the past 30 days. Among key segment forecasts, Outdoor revenue is expected to reach $836.22 million, up 2.9%, while Active revenue is seen at $659.39 million, down 5.8%. By brand, The North Face is projected to bring in $568.31 million, up 2%, Vans $467.17 million, down 6.2%, and Timberland $258.70 million, up 1.4%. Channel estimates show Wholesale at $966.51 million, down 5.7%, and Direct-To-Consumer at $719.19 million, down 0.2%. Geographically, Americas revenue is forecast at $940.14 million, up 0.3%, Europe/EMEA at $503.14 million, down 8.7%, and Asia-Pacific/APAC at $266.90 million, down 1.8%. The Active segment profit is estimated at $50.59 million, compared with $56.84 million in the prior-year quarter.
VF CorporationAnalysts expect a 4.9% revenue decline and a loss, though narrower than last year.