VF Corp

VFC: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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