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VF Corp. Posting Steep Loss Despite Better Than Expected Quarterly Results

Shares of VF Corp. (VFC) continue to see significant weakness in afternoon trading on Friday after coming under pressure early in the session. After hitting its lowest intraday level in a month, VF is currently down by 3.2 percent.

VF reported better than expected quarterly results but investors have expressed concerns major customer Wal-Mart is turning more toward private label jeans.

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