Consumer
VF Rushing Imports to Beat Tariffs, Outlook Sinks Shares
VF Corp. sank on Wednesday after forecasting a bigger-than-expected loss and warning investors it’s been rushing products to the US to beat the 90-day window of tariff pauses from the Trump administration.
The owner of brands such as Timberland and Vans sees an operating loss of as much as $125 million for this quarter. Analysts on average expected a loss of $73.1 million.