By  on April 28, 2013

Lower cotton prices helped VF Corp. deliver higher-than-expectedfirst-quarter profits and the best gross margin result in its history.

Cotton’sreversal significantly helped the profitability of VF’s jeanswearcoalition, which saw operating income spike 29.4 percent to $143.3million, even as the unit’s sales declined 3.2 percent to $717.9 millionon weakness among midtier retailers in the U.S., as well as in itswholesale businesses in China and southern Europe.

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