VF Corp reported a 1% YoY revenue decline but beat guidance. Operating income was $313m, with margins improving. The North Face and Timberland saw revenue growth, but Vans declined. SG&A costs rose by 1%. For Q3, revenue is expected to drop 1-3%. Dickies was sold for $600m to Bluestar Alliance.

Read more at Yahoo Finance: VF Corp tops Q2 forecast on strong back-to-school, wholesale demand