North Face owner VF Corp's profit rises 14 pct in third qtr
Oct 21 (Reuters) - VF Corp, known for clothing brands The North Face and Vans, reported a 14 percent rise in third-quarter profit, boosted by strong sales in its outdoor & action sports and jeanswear businesses.
Net income rose to $433.8 million, or $3.89 per share, in the quarter ended Sept. 28 from $381.3 million, or $3.42 per share a year earlier.
On an adjusted basis, VF Corp earned $3.91 per share in the third quarter.
Sales rose 5 percent to $3.27 billion.