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VF Corp Net Income Jumps 50% as Revenue Rises
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- VF Corp posted net income of $285.3 million, up 50.3 % from a year earlier.
- VF Corp reported second-quarter revenue of $2.7 billion, a 1 % year-on-year increase.
- Altra footwear revenue jumped over 40 % to $300 million, offsetting Vans declines.
- Gross margin expanded 290 basis points to 55.4 % in Q2, helped by lower costs and currency effects.
- The company reaffirmed FY2027 revenue guidance of at least 2 % growth, matching its July outlook.
