VF Q1 net income falls to $288.71 million; revenues rise to $2.84 billion
VFC•VF's first-quarter 2015 net income fell to $288.71 million as revenue rose to $2.84 billion. Operating activities used $430.62 million in cash, and treasury stock purchases totaled $730.81 million; no additional share repurchases were anticipated in 2015.
1. Quarterly results
VF's first-quarter 2015 net income fell to $288.71 million, while revenues rose to $2.84 billion. Operating cash flow turned negative, with $430.62 million used in operating activities. Treasury stock purchases totaled $730.81 million, and no additional share repurchases were anticipated in 2015.
