Vontobel Holding Ltd. Increases Investment in V.F. Co
July 1, 2023
🌥️Trending News
Vontobel Holding Ltd. recently announced that it has increased its investment in V.F. ($NYSE:VFC) Co, a leading apparel, footwear, and accessories company. The company purchased additional shares of V.F. Co’s stock, increasing their ownership stake in the company. V.F. Corporation, commonly known as VF Corp., is an American apparel, footwear, and accessories company with a portfolio of iconic brands including The North Face, Timberland, Vans, and Wrangler. Vontobel Holding Ltd.’s increased stake in VF Corp. is a strong sign of confidence in the company’s future prospects and their ability to continue to provide quality products and services to their customers. This investment is a major win for both companies, providing VF Corp. with an additional source of capital for growth and allowing Vontobel Holding Ltd. to increase their stake in a successful and established brand.
Price History
On Friday, Vontobel Holding Ltd. announced they had increased their investment in V.F. CORPORATION (VFC). This move was reflected in the stock prices that day, where the stock opened at $19.3 and closed at $19.1, a decrease of 0.6% from the previous closing price of 19.2. While the stock prices saw a slight decrease, this was not seen as a deterrent to the investment from Vontobel Holding Ltd., who have further invested in VFC’s future potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for V.f. Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 11.61k | 118.58 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for V.f. Corporation. More…
| Operations | Investing | Financing |
| -655.79 | -188.05 | 463.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for V.f. Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.99k | 11.08k | 8.54 |
Key Ratios Snapshot
Some of the financial key ratios for V.f. Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.5% | -5.3% | 9.2% |
| FCF Margin | ROE | ROA |
| -7.9% | 20.0% | 4.7% |
Analysis
At GoodWhale, we conducted an analysis of V.F. Corporation‘s fundamentals. Based on our Star Chart, V.F. Corporation has an intermediate health score of 6/10 with regard to its cashflows and debt, indicating that it is likely to be able to sustain future operations in times of crisis. We classified V.F. Corporation as a ‘sloth’, a type of company that has achieved revenue or earnings growth slower than the overall economy. This company may interest investors who prefer to invest in a company with a strong record of profitability, even though its asset, dividend, and growth are not as strong as some of the other companies in the market. The risks associated with investing in V.F. Corporation should be carefully weighed against its possible rewards. More…
Peers
VF Corporation is an American multinational apparel and footwear company with more than 30 brands, including Vans, The North Face, Timberland, Kipling, and Wrangler. VF is the largest apparel company in the world and its products are sold in more than 170 countries. Capri Holdings Ltd, Under Armour Inc, and Hanesbrands Inc are all VF’s competitors in the apparel industry.
– Capri Holdings Ltd ($NYSE:CPRI)
As of 2022, Capri Holdings Ltd has a market cap of 6.42B and ROE of 25.1%. The company is a global fashion luxury group, whose brands include Michael Kors, Jimmy Choo, and Versace. It has a strong presence in North America, Europe, and Asia, with over 500 stores in more than 50 countries.
– Under Armour Inc ($NYSE:UAA)
Under Armour Inc is an American sports clothing and footwear company. The company’s products are designed to improve athletic performance. Under Armour was founded in 1996 by Kevin Plank, a former University of Maryland football player. The company is headquartered in Baltimore, Maryland.
– Hanesbrands Inc ($NYSE:HBI)
Hanesbrands is a publicly traded clothing company with a market capitalization of $2.41 billion as of 2022. The company’s return on equity, a measure of profitability, was 54.97% as of the same year. Hanesbrands produces a variety of clothing items, including underwear, socks, t-shirts, and sweatshirts. The company also manufactures and markets a range of other products, such as towels and blankets. Hanesbrands operates in the United States, Canada, Mexico, Europe, Asia, and Australia.
Summary
V.F. Corporation has been the subject of increased interest from investors since Vontobel Holding Ltd. recently upped their stock position in the company. Analysts suggest that the footwear and apparel giant is in a strong position with healthy revenue and profit margin growth for the last fiscal year, and an increasing presence in the international market. The company’s sizable portfolio of iconic brands such as Vans, The North Face, and Timberland has given V.F. Corporation a competitive edge, allowing them to expand into new markets and customer bases. Investors also cite V.F. Corporation’s commitment to sustainability as an attractive reason to invest in the company, citing their environmental friendliness initiatives and energy reduction goals.
In addition, V.F. Corporation’s impressive dividend yield makes them an attractive investment opportunity for value-seeking investors. With a solid financial foundation and a commitment to innovation and sustainability, V.F. Corporation looks to be an excellent long-term investment opportunity.
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