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VF Corp Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance


Friday, 26 Apr 2013 07:00am EDT 

VF Corp updated fiscal 2013 guidance and revenue guidance remains unchanged for fiscal 2013, with revenues expected to rise by 6% to $11.5 billion. Based on slightly stronger than expected first quarter results, adjusted earnings per share (EPS) in fiscal 2013 are now expected to rise to $10.75 per share, up $0.05 from the $10.70 per share guidance provided on February 15. On a GAAP basis, which includes an estimated $0.10 per share in Timberland acquisition-related expenses, EPS in fiscal 2013 are now expected to rise to $10.65 per share, up $0.05 from the prior guidance of $10.60 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $11.5 billion and EPS of $10.80 for fiscal 2013. 

Company Quote

74.63
-0.01 -0.01%
24 Dec 2014