VF Corp
VFC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xb | LOCK|p^ | LOCK|<WL@Q< |
VF: Sale of Dickies Allows for Greater Focus on Key Brands; Shares Very Undervalued
VF will sell Dickies to Bluestar Alliance for $600 million in cash, or 1.1 times fiscal 2025 sales of $542.1 million. Acquired for $820 million in 2017, Dickies had double-digit percentage sales declines in each of VF's last three fiscal years. The sale is expected to close by the end of December.
