This morning, VF Corp (VFC) reported fourth quarter earnings of $367.7 million, or 82 cents per share, as revenue climbed to $3.29 billion. Excluding one-time items, the company would have earned 77 cents per share, missing Wall Street estimates and sending the stock lower this morning. In the report, VF Corp said that it expects 2014 earnings in the range of $3.00 per share to $3.05 per share -- also lighter than Wall Street had hoped for. On the news, shares of VFC were lower, falling more than 7% today.
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