Professional
Added to YB: 2024-07-29
Pitch date: 2024-07-27
VFC [bullish]
V.F. Corporation
+23.84%
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
$15.88
Price Target
N/A
Dividend
2.40%
EV/EBITDA
8.13
P/E
63.30
EV/Sales
1.18
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Curreen Capital Portfolio Holding: V.F. Corporation
VFC: Apparel brand manager (Dickies, North Face, Supreme, Timberland, Vans) recovering from poor capital allocation. New CEO with turnaround experience, dividend cut to sustainable level. Good brands, management skills. Attractive risk-reward ratio. Potential for resumed M&A strategy using FCF. Trades at favorable upside-downside ratio.
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