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North Face owner VF Corp's profit rises 14 pct in third qtr

Monday, 21 Oct 2013 | 7:09 AM ET

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.

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