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GAAP ☐ International Financial Reporting Standards as issued by the International Accounting Standards Board ☒ Other ☐ Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:
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† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards † provided pursuant to Section 13(a) of the Exchange Act. If an emerging growth company that prepares its financial statements in accordance with U.S. See definition of “large accelerated filer,” “accelerated filer,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company.
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Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
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Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections. If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. “While the recovery has been impacted by further pandemic-related disruptions, we continue to see accelerating demand signals across our business, and our ability to reaffirm our fiscal 2022 revenue and earnings outlook is a clear testament to the resiliency and optionality of our model.Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.ģ,265,986,486 ordinary shares, comprised of 609,770,009 Class A ordinary shares, par value US$0.000083 per share, and 2,656,216,477 Class B ordinary shares, par value US$0.000083 per share, as of December 31, 2018. “As we move through the halfway point of our fiscal year, I remain encouraged by the underlying momentum across the portfolio, and the broad-based nature of this strength gives me confidence that we are driving the right strategy to accelerate growth in the quarters ahead,” said Steve Rendle, chairman, president and chief executive officer. Investors were feeling cautious despite the gains and pushed VF shares down 7.9 percent to $74.07 in premarket trading. Net income increased 81 percent to $464.1 million, or $1.18 a diluted share, compared with $256.7 million, or 66 cents a year ago, when the first coronavirus lockdowns took a big bite out of the business.Īdjusted earnings tallied $1.11 a share, coming in shy of the $1.15 analysts anticipated. 2 rose 22.6 percent to $3.2 billion from $2.6 billion a year earlier. Revenues for the second quarter ended Oct.