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V.F. Corporation Message Board

  • steve.kandalam steve.kandalam Feb 16, 2012 12:47 PM Flag

    headlines are wrong- they did not Guide Lower!

    Eric Weisman the CEO Of VFC, clarified that the earnings guidance assumes a Euor rate of $1.25- for that to happen euro zone has to go to hell! Which is not happening- for evry nickle the company saves it adds 0.18 cents to EPS- also the rest of the money nearly 42 cents were one time pension related expenses- so if you add back the 60 cents- their earnings doe 2012 9.30+0.6- which is 9.90
    and they are expecting gross maegin improvements towars 3rd and 4th quarter- so earnings will be closer to $10
    this stock should go up in next couple of weeks!

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VFC
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