V.F. Corp. (VFC) Misses Q3 EPS by 1c, Bumps Outlook
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EPS Growth %: +8.3%
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Costs and Operating Expenses, Total: 2.85B
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V.F. Corp. (NYSE: VFC) reported Q3 EPS of $1.08, $0.01 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.57 billion.
V.F. Corp. sees FY2014 EPS of at least $3.08, versus prior guidance of $3.06 and the consensus of $3.10.
“Our third quarter results validate our growth strategy and demonstrate our ability to manage our powerful portfolio in ways that ensure we deliver solid results,” said Eric Wiseman, VF Chairman, President and Chief Executive Officer. “Led by another outstanding performance from our Outdoor & Action Sports coalition, we delivered strong growth in revenue and earnings. We are squarely on track to deliver another record year for VF and our shareholders.”
For earnings history and earnings-related data on V.F. Corp. (VFC) click here.
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