VF Corp Swings to 2Q Profit, Posts Higher-Than-Expected Revenue
VF Corp swung to a profit and posted higher-than-expected revenue in its fiscal second quarter as it wages a turnaround plan. The owner of brands including Vans, North Face and Timberland reported a profit of $52.2 million, or 13 cents a share, compared with a loss of $450.7 million, or $1.16 a share, in last year's quarter.