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Article Date: April 2008
Word Count: 297

OUTDOOR, IMAGEWEAR POST STRONG GAINS FOR VF CORP.


The Outdoor Coalition posted a 26% rise in operatingincome to $105,506,000 from $83,745,000 on an 18% revenue hike to $636,244,000from $538,753,000 for the first period ended Mar. 31. Imagewear, with $35million from Majestic acquisition included, registered a 9% improvement inoperating income to $33,253,000 from $30,454,000 on a 16% increase in revenuesto $247,034,000 from $213,691,000. Overall, net income rose 11% to $149,032,000from $138,344,000 on a 10% sales improvement to $1,825,277,000 from$1,653,608,000.

VF said the overall consumer environment remainedchallenging, and retailers have ordered cautiously. Both Jeanswear andSportswear were down for the period, the former as a result of softness in themass channel and ... Log in to view full article.

 


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