Clothing manufacturer VF Corp. reported fourth-quarter revenue that fell shy of Wall Street expectations.

The Greensboro-based maker of apparel brands such as North Face, Timberland and Vans posted revenue of $3.32 billion, missing. Wall Street forecasts of $3.45 billion.

VF reported fourth-quarter profit of $264.3 million, or 97 cents per share, in-line with analysts expectations.

Outdoor and action sports revenue grew 2 percent to $2.10 billion, Vans revenue grew 14 percent, and Timberland revenue grew 4 percent. North Face revenue declined 8 percent, reflecting the impact of bankruptcies in North America and the decision to reduce sales to the off-price channel.

“VF’s global business model, diverse brand portfolio and focused operational discipline helped the company deliver solid results in 2016 despite an inconsistent U.S. marketplace,” said Eric Wiseman, executive chairman of the board.

For the year, the company reported profit of $1.07 billion, or $2.54 per share. Revenue was reported as $12.02 billion.

VF shares have fallen nearly 6 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed nearly 5 percent. The stock has fallen 15 percent in the last 12 months.

Despite missing revenue estimates, VF shares are trading at $51.41, an increase of 2.06 percent, or $1.04, since the market opened Friday.

The Securities and Exchange filing can be found here.