By  on May 2, 2010

Cost cuts and a modest upswing in sales helped VF Corp. boost profits 62 percent in the first quarter.

Net income for the Greensboro, N.C.-based apparel giant increased to $163.5 million, or $1.46 a diluted share, compared with earnings of $100.9 million, or 91 cents, in the same period a year ago. Earnings per share came in 32 cents ahead of Wall Street’s expectations.

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