Investing.com - VF (NYSE:VFC) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
VF announced earnings per share of $0.09 on revenue of $2.26B. Analysts polled by Investing.com anticipated EPS of $0.1357 on revenue of $2.25B.
VF shares are down 33.61% from the beginning of the year and are trading at $46.60 , down-from-52-week-high.They are under-performing the S&P 500 which is down 14.56% from the start of the year.
VF shares lost 4.13% in after-hours trade after the report.
VF follows other major Consumer Discretionary sector earnings this month
VF's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1279 on revenue of $119.18B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar