After a Third-Quarter Stumble, What's in Store for VF Corporation in 2021?

Asit Sharma, The Motley Fool
·4-min read
After a Third-Quarter Stumble, What's in Store for VF Corporation in 2021?

VF Corporation (NYSE: VFC) released its fiscal third-quarter 2021 earnings report Wednesday morning before markets opened for trading. Given a mix of brick-and-mortar sales and e-commerce, the company's revenue has been challenged by the ongoing COVID-19 pandemic, and it's also faced COVID-19-induced supply chain issues throughout fiscal 2021. VF Corporation reported a year-over-year decline in revenue from continuing operations of 6%, to $3 billion (the company is in the process of divesting its occupational workwear business, which is accounted for as "discontinued operations" on its income statement).