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VF Corporation Delivers Solid Results for Q1 FY23
VF Corporation Reports Solid Top-Line Performance in First Quarter and Revises Full Year Fiscal 2023 Outlook Due to Currency Impact Q1’FY23 Financial Highlights Revenue $2.3 billion, up 3% (up 7% in constant dollars) with big four brands up 2% and the balance of the portfolio up 9% The North Face revenue $0.5 billion, up 31% (up 37% in constant dollars) Vans revenue $0.9 billion, down 7% (down 4% in constant dollars) Operating margin 2.8%, down 640 basis points Return of $194 million to…