V.F. Corp. Posts $285.3 Million Fiscal Q2 Profit, Beats Wall Street Estimates on Earnings and Revenue

V.F. Corp. (VFC) reported fiscal second-quarter profit of $285.3 million on Wednesday, with adjusted earnings of 70 cents per share topping the 54-cent average estimate of eight analysts surveyed by Zacks Investment Research. The Denver-based owner of Vans, North Face and Timberland posted revenue of $2.7 billion, also exceeding forecasts of $2.69 billion. Earnings per share came in at 71 cents on a reported basis, adjusted for non-recurring gains to 70 cents. The company did not disclose year-over-year comparisons in the earnings snapshot. The results mark a beat on both profit and revenue for the apparel and footwear maker.