USA: Vans Lifts Q1 Earnings Outlook
Trendy footwear and clothing company Vans Inc on Wednesday lifted its first quarter earnings outlook on the back of strong back-to-school sales and a lower tax rate. The California-based firm, which operates 160 retail stores in the US and Europe, said it now sees diluted earnings per share from continuing operations of around 61 to 64 cents compared to previous guidance of 33 to 48 cents.