Shares of apparel manufacturer VF Corp. rose Wednesday afternoon after it reaffirmed its fourth-quarter forecast, citing a strong business model that's offsetting some broader market challenges.
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts
For the fourth quarter, the company expects earnings per share to rise 13 percent and revenue to rise 18 percent year-over-year, implying earnings of $1.40 per share on revenue of $1.89 billion.
Analysts polled by Thomson Financial, on average, expect a profit of $1.42 per share on revenue of $1.89 billion.
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts
VF said it plans to offer an initial 2008 outlook and review its five-year growth plan Jan. 9. The company will release fourth-quarter results Feb. 5.
Shares rose $3.44 to $73.26.














