Vans sneakers maker VF misses quarterly sales estimates

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 22, 2021

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October 22, 2021

(Reuters) – VF Corp reported quarterly revenue on Friday that missed analysts’ estimates as the Vans owner grappled with global supply chain disruptions and factory shutdowns in Vietnam.

Total revenue rose to $3.20 billion in the second quarter from $2.61 billion a year earlier. Analysts had estimated revenue of $3.50 billion, according to Refinitiv IBES.

(Reporting by Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli)

Source Link Vans sneakers maker VF misses quarterly sales estimates

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.