VF Fiscal Q1 Trends Imply Topline Improvement, Offset by Softness in Europe, UBS Says
() -- VF's (VFC) quarter-to-date trends suggest topline improvement in fiscal Q1, but it is likely to be offset by higher promotional intensity, softness in Europe, and mixed trends in China, UBS said in a Monday research report. The brokerage said it expects in-line fiscal Q1 EPS of -$0.22 on revenue of $1.64 billion.