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VFC > SEC Filings for VFC > Form 10-Q on 7-Aug-2013All Recent SEC Filings

Show all filings for V F CORP

Form 10-Q for V F CORP


Quarterly Report

Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations


Highlights of the Second Quarter of 2013

All references to "organic" financial data exclude John Varvatos Enterprises, Inc. ("John Varvatos"), sold on April 30, 2012. All per share amounts are presented on a diluted basis.

Revenues grew to $2.2 billion, an increase of 4% from the 2012 quarter.

Outdoor & Action Sports revenues rose 6% and increased to 50% of VF's total revenues in the quarter.

International revenues rose 6% over the 2012 quarter and represented 34% of total revenues in the quarter.

Direct-to-consumer revenues increased 8% and accounted for 22% of VF's total revenues in the quarter.

Gross margin improved 240 basis points to a record high of 48.5% in 2013.

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