V.F. Corporation reported earnings results for the fourth quarter and full year ended March 30, 2024. For the fourth quarter, the company reported sales was USD 2,373.81 million compared to USD 2,739.61 million a year ago. Net loss was USD 418.31 million compared to USD 214.89 million a year ago. Basic loss per share from continuing operations was USD 1.08 compared to USD 0.55 a year ago. Diluted loss per share from continuing operations was USD 1.08 compared to USD 0.55 a year ago.
For the full year, sales was USD 10,454.67 million compared to USD 11,612.48 million a year ago. Net loss was USD 968.88 million compared to net income of USD 118.58 million a year ago. Basic loss per share from continuing operations was USD 2.49 compared to basic earnings per share from continuing operations of USD 0.31 a year ago. Diluted loss per share from continuing operations was USD 2.49 compared to diluted earnings per share from continuing operations of USD 0.31 a year ago.