More on V.F. Corp (VFC): Organic sales fell a percentage point Q/Q to 6% during the period as...

|About: V.F. Corporation (VFC)|By:, SA News Editor

More on V.F. Corp (VFC): Organic sales fell a percentage point Q/Q to 6% during the period as the Timberland brand underperformed with winter weather warmer than anticipated and Europe sales weak. The company sees margins improving by 100 bps in 2013 as the revenue mix trends toward higher-margin items. Guidance for FY13 is issued on the cautious side, with revenue estimates set at $11.5B vs $11.86 consensus and EPS of $10.70 vs $10.95 consensus. (PR)