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VF Corporation today announced financial results for its fourth quarter and fiscal year ended April 1, 2023 in line with guidance. Q4'FY23 Financial Highlights Revenue $2.7 billion, down 3%... | May 23, 2023
It’s been 8 and a half years since Abbott Laboratories (NYSE: ABT) spun off its branded drug unit into a publicly-traded company. At the time, AbbVie had annual revenue of $18.4 billion. Half of its annual sales came from Humira, the company’s biologic therapy intended to treat autoimmune diseases such as psoriasis, rheumatoid arthritis, Crohn’s disease and the like. Today, ABBV has $45.8 billion in sales (2020) and $11.4 billion in operating earnings. Humira now accounts for 43% of its overall sales, down from 61% in 2018. AbbVie increased its quarterly dividend by 10.2% to $1.30 per ...
Tonight Mostly cloudy skies. A stray shower or thunderstorm is possible. Low 71F. Winds S at 5 to 10 mph. Tomorrow Rain showers in the morning with thunderstorms developing in the afternoon. High 83F. Winds S at 5 to 10 mph. Chance of rain 60%.
July 1, 2021 DENVER — June 28, 2021— VF Corporation, a global supplier of branded lifestyle apparel, footwear and accessories, today announced that it has completed the sale of the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, a diversified holding company. The occupational workwear portion of VF’s Work segment includes the following brands: Red Kap®, VF Solutions®, Bulwark®, Workrite®, Walls®, Terra®, Kodiak®, Work Authority® and Horace Small®. The sale does not include the Dickies® and Timberland PRO® brands. The announcement ...
Sunrise: 05:32:23 AM Sunset: 08:05:58 PM Dew Point: 71° Today Scattered clouds with the possibility of an isolated thunderstorm developing during the afternoon. High 89F. Winds SW at 5 to 10 mph. Chance of rain 30%. Tonight Overcast. A stray shower or thunderstorm is possible. Low 71F. Winds SSW at 5 to 10 mph. Tomorrow Thunderstorms likely. High 83F. Winds WSW at 5 to 10 mph. Chance of rain 80%. Locally heavy rainfall possible.