V.F. Corp (NYSE:VFC) shares are trading lower in Tuesday’s after-hours session after the company reported worse-than-expected quarterly results.
What Happened: VF Corp, which owns a slew of popular retail brands including Vans, The North Face and Timberland, said fiscal third-quarter revenue fell 16% year-over-year to $2.96 billion, which missed the consensus estimate of $3.24 billion, according to Benzinga Pro.
The North Face revenues were down 10% in the fourth quarter, and Vans’ revenues fell 28%. Americas revenues were down 24% and the international business …
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