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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.76B | 44.6% |
| Gross Profit | 270M | 184.5% |
| Cost of Revenue | 2.49B | 11.7% |
| Operating expense | 1.17B | 10% |
| Net Income | 52M | 120.2% |
| EBITDA | 333M | 293.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 12.2B | 5.9% |
| Total Liabilities | 10.8B | 6.5% |
| Total Equity | 1.41B | 1.3% |
| Shares Outstanding | 389M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -302M | 1620.9% |
| Cash from investing | -9.8M | 11.6% |
| Cash from financing | 163M | 536.4% |
EPS
Financial Highlights for VF Corporation in Q3 '24
VF Corporation reported a revenue of 2.76B, which is a 44.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 270M, marking a 184.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.49B, a 11.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.17B, showing a -10% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 52M, showing a 120.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 333M, showing a 293.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for VF Corporation with growth in revenue, gross profit, and net income.
