V F CORP
For the period ended Jun 29, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 7, 2024
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Per Share
NOTE 14 —NET LOSS PER SHARE
| Three Months Ended June | ||
|---|---|---|
| (In thousands, except per share amounts) | 2024 | 2023 |
| Net loss per common share – basic: | ||
| Net loss | $(258,886) | $(57,425) |
| Weighted average common shares outstanding | 388,741 | 388,160 |
| Net loss per common share | $(0.67) | $(0.15) |
| Net loss per common share – diluted: | ||
| Net loss | $(258,886) | $(57,425) |
| Weighted average common shares outstanding | 388,741 | 388,160 |
| Incremental shares from stock options and other dilutive securities | — | — |
| Adjusted weighted average common shares outstanding | 388,741 | 388,160 |
| Net loss per common share | $(0.67) | $(0.15) |
In the three-month periods ended June 2024 and June 2023, the dilutive impacts of all outstanding stock options and other dilutive securities were excluded from dilutive shares as a result of the Company's net loss for the periods and, as such, their inclusion would have been anti-dilutive. As a result, a total of
22.6 million and 18.6 million potentially dilutive shares related to stock options and other dilutive securities were excluded from the diluted loss per share calculations for the three-month periods ended June 2024 and June 2023, respectively.
VF Corporation Q1 FY25 Form 10-Q 16
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