VF Corp. believes it is best after navigating logistics challenges during pandemic — Panjiva
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VF Corp. believes it is best after navigating logistics challenges during pandemic

China 3048 Cons. Discr. - Apparel 530 Earnings 759 Quote Watch 452 U.S. 5399 Vietnam 412

VF Corp. reported FQ4’21 (to April 3) revenues which climbed 22.8% year over year, helped by acquisitions, an extra week in the quarter and the reopening of stores after the pandemic. The firm expects 28% revenue growth in fiscal 2022. While U.S. seaborne imports linked to the firm expanded by 110.0% year over year they were still 1.4% below the same period of 2019. The firm’s CFO, Matt Puckett, has stated the firm continues to “navigate port congestion, capacity constraints, transitory cost pressures and elevated volatility” but that it has “the best sup...

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