Preview - Please log in to view full article.

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.


As for the current fiscal year, ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.