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Stock impact report

VF Announces Definitive Agreement to Acquire Williamson-Dickie Mfg. Co.; Raises 2017 Outlook and 2021 Financial Targets

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Business Wire
Acquisition creates a global leader in workwear; 2021* revenue and earnings per share (EPS) now expected to exceed $15 billion and $5.00, respectively; Williamson-Dickie expected to add more than $1 billion of revenue by 2021*; Acquisition provides immediate accretion to EPS* and free cash flow in 2017; and, Acquisition is consistent with VF’s commitment to active portfolio management and expanding its growing Workwear platform.* Excludes transaction and deal-related expenses; 2021 references in this release are based on VF’s new fiscal year end. GREENSBORO, N.C.--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, and Williamson-Dickie Mfg. Co., a family-owned, private global workwear company, today jointly announced that they have signed a definitive m Show less Read more
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