12:43 PM EDT, 08/07/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

VF's (VFC) shares were up 12% in recent Wednesday trading, a day after the company reported a fiscal Q1 adjusted loss of $0.33 per share, widening from the loss $0.15 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.37.

Revenue in the quarter ended June 30 fell to $1.91 billion from $2.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.85 billion.

The company maintained a quarterly dividend of $0.09 a share, payable Sept. 18 to shareholders of record Sept. 10.

Price: 18.40, Change: +1.96, Percent Change: +11.92