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VF VFC reported first-quarter results in line with our expectations, and we are maintaining our fair value estimate. On April 1, the company completed the sale of its intimate apparel business to Berkshire Hathaway BRK.B for about $350 million. We anticipate that proceeds will be used to repurchase ...
Macroeconomic uncertainty and increased price competition paint a troubling fourth-quarter picture for consumer cyclical names.
VF VFC reported fiscal 2006 results in line with our expectations, and we are maintaining our fair value estimate. As previously announced, the company agreed to sell its intimate apparel business and now accounts for the division as a discontinued operation. For the year, revenue from continuing ...
We think the apparel manufacturer is an attractive investment opportunity.
We think now may be a good time for investors to try on this apparel manufacturing stock.