VF Corp Q2 Earnings: Revenue Beat, EPS Beat, Cost Reductions On Track, Guidance And More

V.F. Corp (NYSE:VFC) reported second-quarter financial results after the market close on Monday. Here’s a rundown of the report.

Q2 Earnings: VF Corp, the parent company of Vans and The North Face, reported second-quarter revenue of $2.8 billion, beating the consensus estimate of $2.7 billion, according to Benzinga Pro. The company reported second-quarter earnings of 60 cents per share, beating analyst estimates of 37 cents per share.

Total revenues were down 6% year-over-year. The North Face revenues were down 3% in the second quarter and Vans' revenues fell 11%. Americas revenues were down 10% in the quarter and international revenues fell 2%.

Inventories ...