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V.F. Corporation Message Board

  • maxinvesting maxinvesting Feb 22, 2011 7:08 AM Flag

    VF Announces 11% Increase in 2010 Fourth Quarter Revenues

    Booyah
    ------------
    Momentum Expected to Continue in 2011

    VF Announces 11% Increase in 2010 Fourth Quarter Revenues; Momentum Expected to Continue in 2011
    4Q revenues rise 11% to $2.1 billion


    GREENSBORO, N.C., Feb 22, 2011 (BUSINESS WIRE) -- --4Q adjusted EPS increases 10% to record $1.78

    --Full year adjusted EPS increases 25% to $6.46

    --Gross margins reach record levels for fourth quarter and full year

    --2010 cash flow from operations exceeds $1 billion

    --2011 guidance: revenues to rise 8 to 9%; EPS targeted at $7.00 to $7.10

    --Information regarding VF's fourth quarter conference call webcast today at 8:30 a.m. ET can be found at the end of this release.

 
VFC
62.20-0.63(-1.00%)Jul 11 4:00 PMEDT

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