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VF Corp.'s (VFC +3.4%) trades up after its Q3 easily beat estimates. Earnings jumped 24%,...

VF Corp.'s (VFC +3.4%) trades up after its Q3 easily beat estimates. Earnings jumped 24%, boosted by the company's recent acquisition of Timberland in September. "While we're all hearing and reading about a tougher economic environment, we have seen little evidence of a slowdown in our business," says CEO Eric Wiseman on its conference call. The company raises its FY11 outlook and hikes its dividend by 14%.
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  • Econdoc
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    surprise!
    24 Oct 2011, 12:10 PM Reply Like
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