NEW YORK (TheStreet) -- VF Corp. (VFC - Get Report) released its 2014 second quarter earnings results on Friday, which showed an 8% increase in revenue and 16% increase in earnings per share for the owner of the popular brands Timberland and The North Face, due mostly to a rise in demand for cold weather apparel.
VF Corp.'s revenue was $2.4 billion for the most recent quarter, compared to $2.2 billion for the second quarter of 2013.
The company said earnings per share were up to 36 cents for the 2014 second quarter, from 31 cents per share for the same period last year.
Shares of VF Corp. are lower -0.62% to $61.22 at the beginning of trading today.
Separately, TheStreet Ratings team rates VF CORP as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate VF CORP (VFC) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
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