V.F. Corporation (VFC) Tops Q1 Views; Raises FY11 Outlook
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V.F. Corporation (NYSE: VFC) reported Q1 EPS of $1.75, which 4 cent benefit, vs. the analyst estimate of $1.60. Revenue for the quarter came in at $1.96 billion versus the consensus estimate of $1.91 billion.
Raises its FY11 EPS guidance from $7-$7.10 to $7.25, versus the consensus of $7.12. Sees sales up about 10%, up from the prior outlook of 8-9% sales growth.
Raises its FY11 EPS guidance from $7-$7.10 to $7.25, versus the consensus of $7.12. Sees sales up about 10%, up from the prior outlook of 8-9% sales growth.
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