Timberland Drives V.F. Corp’s 4Q
V.F. Corporation (NYSE:VFC) reported fourth-quarter 2011 adjusted earnings of $2.32 per share, striding ahead of the Zacks Consensus Estimate of $2.30. The result also surpassed earnings of $1.78 per share in the prior-year quarter. The robust increase in earnings per share was primarily driven by strong top-line growth and a contribution of 34 cents per [...]
V.F. Corporation (NYSE:VFC) reported fourth-quarter 2011 adjusted earnings of $2.32 per share, striding ahead of the Zacks Consensus Estimate of $2.30. The result also surpassed earnings of $1.78 per share in the prior-year quarter. The robust increase in earnings per share was primarily driven by strong top-line growth and a contribution of 34 cents per share from the Timberland acquisition.
On a reported basis, the company’s earnings came in at $2.28 per share compared with 49 cents registered … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards