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VF Corp. Profit Slips 7% Adjusts Guidance (VFC)

Oct 26, 2009 (SmarTrend(R) News Watch via COMTEX) --

Company: VF Corp. (VFC)

10/26/2009-VF Corp. (NYSE:VFC) reported Q3 EPS of $1.94, missing consensus estimates by a penny. Revenues in the quarter fell 5% year-over-year to $2.09 billion, inline with consensus estimates. The company said it now sees full-year 2009 EPS in the range of $4.85 - $5.00 (vs. consensus estimates of $4.98), versus its previously estimated range of $4.70 to $5.00 given in July. The company said it now sees revenue down about 6%, while it saw revenue falling between 5% and 7% back in July.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: VF Corp. (VFC)


Related terms: eps, market, nyse, profit, revenue, securities

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