×
479
Fashion Jobs
MOLEDRO
Operation Manager
Permanent · NEW DELHI
MOLEDRO
HR &Admin
Permanent · NEW DELHI
MOLEDRO
Brand Manager
Permanent · NEW DELHI
MOLEDRO
sr Fashion Designer / Production Manager
Permanent · NEW DELHI
ADIDAS
Manager Information Security
Permanent · GURUGRAM
ADIDAS
sr. Manager Sales Excellence
Permanent · GURUGRAM
CL GUPTA RETAIL PRIVATE LIMITED
Production Manager Cum Quality Control Manager
Permanent · Noida
UGRAYA FOODS
Production Manager || Agartala (Tripura) || Poultry Feed Industry
Permanent · Agartala
GOVIND KRIPA INFRATECH PVT. LTD.
HR/Telecalling/Sales Manager/Sales Executives/Asst. Sales Manager
Permanent · Jaipur
JUMBO BAGS
Manager- Production (Fibc / Woven Polypropylene Industry)
Permanent · Chennai
ADIDAS
Manager, Masterdata And Product Launch (.Com & Digital Partners), Apac
Permanent · GURUGRAM
ADIDAS
Manager, Digital Backend Operations, Apac
Permanent · GURUGRAM
THE HOUSE OF DEEPTHI LIMITED
Production Manager
Permanent · MUMBAI
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Hiring-Field Sales Manager
Permanent · Chennai
YUTIKA NATURAL
Area Sales Manager (Guwahati)
Permanent · Katihar
LENSKART
Area Operations Manager
Permanent · Chennai
ELECTRONICA FINANCE
Area Sales Manager - Mumbai- Vasai
Permanent · Mumbai
ADIDAS
Manager Learning & Development & Knowledge Management (M/F/D)
Permanent · CHENNAI
D.LIGHT
Hiring For Area Sales Manager | Bihar | d.Light Energy
Permanent · Patna
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED
Loan Against Securities - Area Sales Manager
Permanent · Chennai
ANAND RATHI GLOBAL FINANCE
Hiring For Area Sales Manager Sme- Lap
Permanent · Mumbai
CURLYFE BIOSCIENCES
Senior Area Sales Manager
Permanent · Ghaziabad
By
Reuters
Published
Oct 25, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

VF Corp profit misses estimates on slowing Vans shoes demand

By
Reuters
Published
Oct 25, 2019

VF Corp reported second-quarter earnings below expectations on Friday, hit by sluggish demand for its Vans shoes, sending the apparel maker’s shares down 10%.


Photo: Vans - Vans



The 120-year old company also maintained its full-year forecast, which again fell short of estimates.

Despite VF’s efforts to sell directly to customers and boost its online business, bigger rivals Nike (NKE.N) and Under Armour (UAA.N) pulled in more customers with their new launches and stronger digital presence.

Revenue from Vans shoes grew 14% in the quarter, down from 26% in the year earlier.

VF Corp’s net income rose to $649 million, or $1.61 per share, in the quarter ended Sept. 28, from $507.1 million, or $1.26 per share, a year earlier.

Excluding items, the company earned $1.26, missing the average analyst estimate of $1.31.

Net revenue climbed 5.4% to $3.39 billion, but missed the average analyst estimate of $3.42 billion, according to IBES data from Refinitiv.


 

© Thomson Reuters 2022 All rights reserved.