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UPDATE: VF Corp Posts Rise In Q4 Profit

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VF Corp (NYSE: VFC) reported a 10% gain in its fourth-quarter profit.

VF Corp's quarterly profit surged to $367.7 million, or $0.82 per share, versus a year-ago profit of $334.2 billion, or $0.75 per share. Its adjusted profit came in at $0.82 per share.

Its revenue surged to $3.29 billion versus $3.03 billion. However, analysts were projecting earnings of $0.82 per share on revenue of $3.35 billion.

VF Corp expects 2014 earnings of $3.00 to $3.05 per share.

VF Corp shares fell 3.22% to $57.42 in pre-market trading.

Posted-In: profitEarnings News Guidance

 

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