“On a currency neutral basis, our year-to-date revenue is up 9% and our earnings per share are up 15% – a performance that affirms our ability to leverage our diverse, competitive assets to fuel consistent, long-term growth,” said Eric Wiseman, VF Chairman and Chief Executive Officer, adding: “Results speak to the power of VF’s brands and platforms to perform well in what is proving to be a mixed retail environment.

Third quarter revenue increased by 8% on a currency neutral basis driven by double-digit growth in the Outdoor & action sports coalition and strength in the Jeanswear coalition, as well as in the international and direct-to-consumer businesses. On a reported basis, revenue increased by 3% over similar period in 2014.

Gross margin in the period reached 48.9% on a currency neutral basis, representing a 60 basis point improvement over the same period last year.

Third quarter revenue for the Outdoor & action sports coalition was up by 13% on a currency neutral basis (up by 5% reported) driven by similar growth rates in both its wholesale and direct-to-consumer businesses.

Third quarter currency neutral revenue for The North Face brand increased by 11% (up 6% reported), driven by balanced growth in its wholesale and direct-to-consumer businesses.

Currency neutral revenue for the Vans brand in the third quarter was up by 10% (up by 2% reported) including a high-teen percentage rate increase (up low-teen reported) in direct-to-consumer sales and mid single-digit growth (down mid-single reported) in wholesale sales.

Third quarter revenue for the Timberland brand was up by 21% on a currency neutral basis (up 11% reported) including more than 25% growth (up mid-teen reported) in its wholesale business and a low single-digit increase (down mid-single reported) in direct-to-consumer sales.

Imagewear’s currency neutral revenue was up by 1% (flat reported, at 292 million US dollars) in the third quarter and Sportswear revenue was down by 1% totaling 162 million US dollars

Contemporary Brands’ third quarter currency neutral revenue for the coalition was down 13 percent (down by 16% reported to 83 million US dollars).

In its largest quarter of the year, currency neutral international revenue was up by 9% (down 5% reported). Revenue in Europe was up by 5% (down by 11% reported) and up by 12% (up by 7% reported) in the Asia-Pacific region, driven by strength in China. Revenue in the Americas (non-U.S.) region was up by 19% (up by 1% reported). On a reported basis, the international business was 38% of total VF third quarter revenue compared with 41% in the same period of 2014.

“2015 is on track to be another solid year for VF, driven by strong performances in our Outdoor & Action Sports and Jeanswear brands and our International and Direct-to-Consumer platforms,” Mr. Wiseman stated.