VF’s Q3 Earnings Tops Wall Street’s Targets, Sales Jump 22 Percent

VF Corp. reported earnings on an adjusted basis rose 45 percent in the third quarter ended December 31 and topped Wall Street’s estimates. Sales grew 22 percent led by 28 percent growth at The North Face. Sales grew 8 percent at Vans, 11 percent at Timberland, and 4 percent at Dickies. VF reaffirmed its EPS outlook for the fiscal year while slightly lowering its sales outlook due to lowered growth expectations at Vans.

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Photo courtesy VF Corp., The North Face, Getty