VF is starting to see growth again in its Big Three brands but that is almost entirely driven by DTC activity as it reported net income of $109,889,000, up 115% from $51,015,000 last year on a 2% improvement in sales to $2,333,288,000 from $2,294,762,000 for the three months ended Jun. 30. This year’s results included a loss of $4,976,000 from the discontinued Licensed, Jansport college and Contemporary Brands divisions compared to a loss of $85,478,000 last year. Pre-tax income from continuing operations was down 16% to $145,762,000 from $174,529,000. The results were slightly ahead of expectations and, based on its ... Log in to view full article.