VF Corporation Completes Acquisition of Altra®
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Business Wire
GREENSBORO, N.C.--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has completed its previously announced acquisition of the Altra® brand, an athletic and performance-based lifestyle footwear brand, from ICON Health & Fitness, Inc. As a result of the transaction, the brand has become a wholly owned subsidiary of VF Corporation. Terms of the agreement were not announced. The Altra® brand provides VF with a unique and differentiated technical footwear brand and a capability that when applied across VF’s outdoor footwear, direct-to-consumer and international platforms, will serve as a catalyst for growth within the outdoor and performance segment. The addition of the brand to VF’s portfolio is expected to be immediately accretive to earnings per share. About VF VF Corporation (NYSE: VFC) outfits
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Earnings
- 2/6/24 - Miss
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- 4/1/24 - Form 4
- 4/1/24 - Form 4
- VFC's page on the SEC website