VF Corp’s Earnings Fit Well; Shares Rise
July 19, 2012 at 17:36 PM EDT
Clothing maker VF Corporation (VFC) jumped 7.5% on Thursday after reporting a better-than-expected second quarter and raising its full-year forecast. For the quarter ended June 30, VF Corporation reported earnings-per-share of $1.11, beating analysts’ expectations of 94 cents a share, and raised guidance to $9.50 from $9.45 per share for fiscal 2012. The company, which [...]