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Looking to the balance of 2013. With a slightly stronger than expected start to the year, we're raising our full year adjusted earnings guidance by $0.05 per share to $10.75. With 3 quarters still ahead of us and many dynamics at play, we feel it's prudent to maintain a fairly cautious approach to guidance while we continue to seek and invest in new opportunities for long term growth..
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PE Ratio (ttm):An alternative way to value a company is to use the price to earnings ratio. This is where VFC really shines: it trades at a significant discount. If VFC were to trade at the industry average of multiple of 25.9 then it would be $123 per share.
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