Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
VFC posted somewhat mediocre results this quarter and lowered guidance. They did, however, increase the dividend from $0.37 to $0.42.

VF Corp. reported third-quarter net income of $498.5 million, or $1.19 per share, up from $459.9 million, or $1.07 per share. The FactSet consensus was $1.15 per share. Revenue for the quarter was $3.49 billion, down from $3.53 billion last year and below the FactSet estimate of $3.63 billion.

The company raised its quarterly dividend 14% to 42 cents per share, payable on Dec. 19, 2016 to shareholders of record at the close of business on Dec. 9, 2016.


Full article:
http://www.marketwatch.com/story/vf-corp-shares-fall-after-g...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.