By  on April 25, 2006

NEW YORK — Brands such as The North Face, Vans and Napapijri continue to fuel the fires at VF Corp., with explosive sales in the company’s outdoor segment spurring the $6.5 billion apparel giant to another record setting quarter.

For the three months ended in March, Greensboro-based VF saw earnings vault 24.6 percent to $128.2 million, or $1.14 a share, compared with earnings of $102.9 million, or 89 cents a share, in the same period a year ago.

However, at the end of 2005 the company opted for the early adoption of new accounting practices that included the impact of stock-option expenses on the balance sheet. Results for 2005 were adjusted under the new method, negatively impacting first quarter results for 2005, but subsequently making for an easier comparison in the current quarter. Without the adjustments, earnings would have still gained an impressive 12 percent to $128.2 million from $114.7 million, or $1 a share.

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