You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

market movers

VF investors disappointed over results

VF Corp. counts Nautica among its brands.

Rich Kareckas/AP/File

VF Corp. counts Nautica among its brands.

North Carolina apparel marketer VF Corp. posted a 10 percent profit increase to $367.7 million in the fourth quarter but diluted earnings of 82 cents per share missed analysts’ projections by 2 cents, disappointing investors. For fiscal 2013, VF said it had a strong year, notching a record gross margin. Profit rose 5 percent to a record $11.4 billion, with global markets accounting for 38 percent of sales. The results were up 28 cents year over year to $2.71 a share. VF projects a range of fiscal 2014 diluted earnings of $3 to $3.05.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of