VF increases outlook after strong third quarter

24/10/2017
Vans footwear and workwear have helped VF Corp increase third quarter revenue by 5% to $3.5 billion.

Outdoor & Action Sports revenue increased 8%; Vans jumped 28% while international revenue grew 13%.

CEO Steve Rendle said: “Based on the strength of our third quarter performance and the stronger growth trajectory we see for the remainder of 2017, we are again increasing our full year outlook and making additional growth-focused investments aimed at accelerating growth and value creation into 2018 and beyond.”