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Vans Parent VF Corp Swings to Profit, Beats Sales Estimates

VF Corp turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday.
Two activist investors are pushing for changes at Vans owner VF Corp.
Two activist investors are pushing for changes at Vans owner VF Corp. (Getty Images)

Vans parent VF Corp turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement in its direct-to-consumer business and leaner inventory, sending its shares up about 16 percent after the bell.

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