$VFC : The North Face,Vans , Timberlands
Posted: Apr 16, 2024
- VF Corp (VFC) is a major footwear, apparel, and accessories company with brands like The North Face, Vans, Timberland, and Supreme. - VFC stock has plummeted by 88% due to various factors including selling denim brands, struggling Supreme acquisition, inventory issues, declining sales, and CEO changes. - New CEO Bracken Darrell aims to lead a turnaround through a "Reinvent" plan focusing on brand revival, debt reduction, cost-saving, and portfolio adjustments. - Positive developments include activist investor support, cash flow guidance, store expansions, and improved inventory management. - Comparative valuation analysis suggests undervaluation of VFC stock compared to similar companies. - DCF model shows potential for stock price appreciation and future growth under new leadership. - Author plans to continue investing in VFC stock and sees potential for significant upside.
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