Vf reports q1 adjusted loss per share $0.57 from continuing operations

Vf reports first quarter fiscal 2021 results.q1 adjusted loss per share $0.57 from continuing operations.q1 loss per share $0.71 from continuing operations.sees q2 revenue down 25 percent.q1 earnings per share estimate $-0.67 -- refinitiv ibes data.qtrly revenue from continuing operations decreased 48 percent (down 47 percent in constant dollars) to $1.1 billion.vf ended first quarter of fiscal 2021 with inventories up 2 percent.as covid-19 uncertainty continues, vf expects ongoing disruption to its business operations.it is not possible to provide a financial outlook for full-year fiscal 2021 at this time.q2 fiscal 2021 revenues are expected to be down less than 25% and full-year fiscal 2021 free cash flow is still expected to exceed $600 million.company has suspended its share repurchase program.q1 revenue view $978.3 million -- refinitiv ibes data.fy2021 revenue view $8.74 billion -- refinitiv ibes data.fy2021 earnings per share view $1.05 -- refinitiv ibes data.
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