V.F. Corporation (NYSE:VFC) reported first-quarter 2012 adjusted earnings of $1.94 per share, striding ahead of the Zacks Consensus Estimate of $1.88. The result also surpassed adjusted earnings of $1.82 per share in the prior-year quarter.
The robust increase in earnings per share was primarily driven by strong top-line growth and a contribution of 12 cents per share from the Timberland acquisition. On a reported basis, the company’s earnings came in at $1.91 per share.
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