V.F. Corp. reported adjusted diluted EPS and revenue for its second fiscal quarter of 2019 that beat analyst expectations as the footwear and apparel retailer also raised its full-year revenue and earnings expectations.

The parent company of Vans and The North Face reported adjusted diluted EPS of $1.43 for the three months ended September, a 19% increase from the year-ago period and above the S&P Global Market Intelligence mean consensus normalized EPS estimate of $1.33.

On a GAAP basis, V.F. reported $507.1 million in net income, a 7% increase from the same quarter in 2017 but short of the S&P Global Market Intelligence mean consensus estimate for GAAP net income of $534 million.

Net revenue for the quarter jumped 15% year over year to $3.91 billion, beating out S&P Global Market Intelligence mean consensus estimate of $3.87 billion for the quarter.

The Greensboro, N.C.-based company also boosted its quarterly dividend by 11% from the previous quarter to 51 cents, payable Dec. 20 to shareholders of record at the close of business Dec. 10.

Updating its fiscal 2019 outlook, V.F. expects adjusted EPS of $3.65, up from a previously forecast range of $3.52 per share to $3.57 per share. Revenue for the fiscal year should be at least $13.7 billion, compared to previous expectations of revenue between $13.6 billion and $13.7 billion.

The revised outlook also includes expectations of boosting the company's adjusted operating margin for the year to 13.5%, up from a previous forecast of 13.4%. V.F. expects a lower effective tax rate for the year of about 16%, down from previous guidance of 16.5%.

"V.F.'s second quarter results were strong driven by our core brands, the company's international and direct-to-consumer platforms, and our work businesses," Executive Chairman, President and CEO Steve Rendle said in a statement.