Reports Q2 revenue $2.8B, consensus $2.73B. CEO Bracken Darrell said: “In Q2 we made further progress on our turnaround plan. We delivered broad-based growth for The North Face and Timberland, while continuing to moderate declines in Vans. We also announced the pending sale of Dickies for $600M, enhancing our capacity to invest in the portfolio and drive shareholder returns. Looking ahead, we will continue to focus on generating value across our brands and returning the company to sustainable and profitable growth.”
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