VF Boosts Outlook As North Face, Vans Sales Rise

VF (VFC) raised earnings guidance for the year as the maker of the North Face and Vans reported better-than-expected second-quarter results, led by gains in its outdoor and action sports category. Earnings, excluding items, notched up almost 6% to 38 cents a share, according to Thomson Reuters. Analysts had expected 36 cents. Revenue grew 5% to $2.51 billion, past expectations for $2.46 billion. Shares fell 0.8% to 74.05 in the stock market today.

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