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VF Corporation Report COVID-Impacted Fourth Quarter + Forecasts Strong Fiscal 2022
VF fourth quarter and full year fiscal 2021 impacted as anticipated by COVID, with initial fiscal 2022 outlook indicating strong recovery growth. Full year fiscal 2021 Revenue from continuing operations decreased 12 percent to $9.2 billion; excluding acquisitions, adjusted revenue decreased 13 percent. Active segment revenue decreased 15 percent including a 15 percent decrease in Vans® brand revenue and a 3 percentage point revenue growth contribution from acquisitions; Outdoor segment…
