Added to YB: 2024-12-09
Pitch date: 2024-10-23
VFC [bullish]
V.F. Corporation
+15.21%
current return
Author Info
No bio for this author
Company Info
V.F. Corporation, together with its subsidiaries, offers branded apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific.
Market Cap
$5.8B
Pitch Price
$16.73
Price Target
28.00 (+42%)
Dividend
2.40%
EV/EBITDA
8.13
P/E
63.30
EV/Sales
1.18
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
V.F. Corporation - $VFC
VFC: Iconic brands (Vans, North Face) struggling post-mismanagement. New CEO Darrell implementing turnaround: cut dividend 70%, streamline ops, deleverage. Vans (40% rev) showing recovery signs: new products +39% Q1. Margins to exceed 11% by FY26 via cost-cutting, efficiency. PT $28 (60% upside). Catalyst: beat & raise cycle.
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