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Article Date: September 2022
Word Count: 1018

VF Corp. Cuts FY23 Guidance, Maps Vans Turnaround


Despite multiple headwinds in the near term, VF is forecasting a mid- to high-single-digit revenue CAGR over the next five years in a new growth plan introduced at its investor day, with all brands contributing at least mid-single-digit growth. International will play an outsized role in driving the gains, as EMEA grows at a low-double-digit CAGR and APAC contributed a high-single- to low-double-digit CAGR through FY27. DTC e-commerce is seen growing faster than revenues as a whole, increasing at a low-double-digit CAGR over the same period.

 

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