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medusamegaways| Weifu Company fell more than 14% before the market and unexpectedly recorded adjusted loss per share in Q4

Gelonghui May 23| North, Vans brand parent company Weifu Company (VFCmedusamegaways.US) U.S. stocks fell more than 14% before the marketmedusamegaways, report 10medusamegaways.59 dollars. Weifu's sales in the fourth quarter of fiscal 2024 fell 13% year-on-year to US$2.37 billion, lower than analysts 'expectations of US$2.42 billion, reflecting sluggish demand for clothing and footwear amid tight consumer spending; adjusted loss per share was $0.32, while analysts expected a profit per share of $0.01. Sales in the Americas, the company's largest market, fell 22% during the period. Also, the company announced the appointment of Paul Vogel as its new chief financial officer, effective July 8,medusamegawaysHe was a former veteran of streaming platform Spotify Technology.

medusamegaways| Weifu Company fell more than 14% before the market and unexpectedly recorded adjusted loss per share in Q4

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