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VFC / V.F. Corporation.: High Leverage Poses Significant Challenges For Future Growth

V.F. Corporation.: High Leverage Poses Significant Challenges For Future Growth
V.F. Corporation's revenue declined by 2% in FY2023 due to factors like macroeconomic difficulties in developed countries. The company's total debt exceeded $8.1 billion by the end of 4Q 2023, significantly higher than its cash balance and equity levels, raising concerns about its financial stability. By the end of FY2023, VFC's current ratio declined to 1.45x. Similarly, their cash ratio decreased from 0.38x in FY2022 to 0.23x in FY2023. Read More
Posted: Jul 3 2023, 23:46
Author Name: Seeking Alpha
Views: 081079

VFC News  

Activist Engaged Capital sees a path to lift VF Corp's share price and slash costs

By CNBC
November 4, 2023

Activist Engaged Capital sees a path to lift VF Corp's share price and slash costs

Cost cutting and refreshing the board at VF Corp. are on the list of priorities for activist Engaged Capital. more_horizontal

Why VF Corp Stock Lagged the Market Today

By The Motley Fool
November 1, 2023

Why VF Corp Stock Lagged the Market Today

An influential investment bank cut its price target on the stock rather deeply. Unfortunately, that was only the latest in a recent series of such mov more_horizontal

Why VF Corp Stock Dropped Today

By The Motley Fool
October 31, 2023

Why VF Corp Stock Dropped Today

VF Corp announced mixed fiscal second-quarter results, beating on earnings but falling short of revenue expectations. The owner of brands including Th more_horizontal

V.F. Corp (VFC) Lags Q2 Earnings Estimates, Withdraws View

By Zacks Investment Research
October 31, 2023

V.F. Corp (VFC) Lags Q2 Earnings Estimates, Withdraws View

V.F. Corp's (VFC) second-quarter fiscal 2024 results reflect dismal performances in the wholesale business and Vans. As a result, it withdraws the pre more_horizontal

We're reducing cost across the board and reinvesting in innovation: VF Corp. CEO Bracken Darrell

By CNBC Television
October 31, 2023

We're reducing cost across the board and reinvesting in innovation: VF Corp. CEO Bracken Darrell

VF Corp. CEO Bracken Darrell joins 'Mad Money' host Jim Cramer to talk his jump from Logitech, consumer spending, and quarterly results. more_horizontal

V.F. (VFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
October 30, 2023

V.F. (VFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for V.F. (VFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth consider more_horizontal

V.F. (VFC) Misses Q2 Earnings Estimates

By Zacks Investment Research
October 30, 2023

V.F. (VFC) Misses Q2 Earnings Estimates

V.F. (VFC) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of more_horizontal

VF Corp. stock tumbles, withdraws 2024 earnings guidance

By Yahoo Finance
October 30, 2023

VF Corp. stock tumbles, withdraws 2024 earnings guidance

VF Corporation (VFC) reported fiscal second-quarter results were about in line with Wall Street estimates, with revenue coming in slightly better than more_horizontal


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