VF (VFC) has provided an update.
V.F. Corporation has released supplemental financial information reflecting its performance without the Supreme brand, aiming to provide investors with a clearer picture of the company’s ongoing operations post-Supreme’s sale. Despite the brand’s pending sale, VF’s Q2’FY25 outlook remains unchanged from previous forecasts. The company expects a mild improvement in revenue decline, a slight uptick in gross margin, and a modest increase in selling, general, and administrative expenses. This financial framing helps investors understand the core business’s health and future without Supreme’s contribution.
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