When is second quarter of a year
VF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For presentation purposes herein, all references to periods ended September relate to the week and week fiscal periods ended October 2, and all references to periods ended September relate to the week and week fiscal periods ended September 26, References to March relate to information as of April 3, Cash provided used by operating activities — continuing operations.
Cash provided used by investing activities — continuing operations. Proceeds from issuance of Common Stock, net of payments for tax withholdings. Effect of foreign currency rate changes on cash, cash equivalents and restricted cash. Includes results primarily related to the sale of non-VF products and sourcing activities related to transition services.
VF is a global company that reports financial information in U. Foreign currency exchange rate fluctuations affect the amounts reported by VF from translating its foreign revenues and expenses into U. These rate fluctuations can have a significant effect on reported operating results. As a supplement to our reported operating results, we present constant currency financial information, which is a non-GAAP financial measure that excludes the impact of translating foreign currencies into U.
We use constant currency information to provide a framework to assess how our business performed excluding the effects of changes in the rates used to calculate foreign currency translation. Management believes this information is useful to investors to facilitate comparison of operating results and better identify trends in our businesses. To calculate foreign currency translation on a constant currency basis, operating results for the current year period for entities reporting in currencies other than the U.
These constant currency performance measures should be viewed in addition to, and not in lieu of or superior to, our operating performance measures calculated in accordance with GAAP. The constant currency information presented may not be comparable to similarly titled measures reported by other companies.
Diluted earnings per share from continuing operations d. The results exclude transaction and deal related activities. The diluted earnings per share impacts were calculated using ,, and ,, weighted average common shares for the three and six months ended September , respectively. The financial information above has been presented on a GAAP basis, on an adjusted basis, which excludes the impact of transaction and deal related activities and activity related to specified strategic business decisions, and on an adjusted organic basis, which excludes the operating results of Supreme for the three and six months ended September Contribution from acquisition also excludes transaction and deal related activities.
These adjusted presentations are non-GAAP measures. Management uses the above financial measures internally in its budgeting and review process and, in some cases, as a factor in determining compensation. In addition, these non-GAAP financial measures may not be the same as similarly titled measures presented by other companies.
Diluted earnings per share from continuing operations c. Diluted earnings loss per share from continuing operations c. The financial information above has been presented on a GAAP basis and on an adjusted basis, which excludes the impact of transaction and deal related costs and activity related to specified strategic business decisions. The adjusted presentation provides non-GAAP measures. View source version on businesswire. Opt-into our eNewsletter NOW! Condensed Consolidated Statements of Operations.
In thousands, except per share amounts. Three Months Ended September. Six Months Ended September. Net revenues. Costs and operating expenses. Cost of goods sold. Selling, general and administrative expenses. Total costs and operating expenses. Financial Statements. Life Insurance. Your Privacy Rights. To change or withdraw your consent choices for Investopedia.
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Key Takeaways A quarter is a three-month period on a company's financial calendar that acts as a basis for periodic financial reports and the paying of dividends. A quarter refers to one-fourth of a year and is typically expressed as Q1 for the first quarter, etc. Quarterly reports known as Q filings with the SEC and earnings are crucial pieces of information for investors and analysts. Fiscal quarters for a company will coincide with their fiscal year FY. What is a fiscal quarter? Are quarters always lined up to the calendar year?
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All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements in this paragraph and elsewhere in our Annual Report on Form K for the year ended February 28, and speak only as of the date of this Press Release. Other than as required under the securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.
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