VF Corp.’s Dickies Payout to Lower Debt Level
VFC is utilizing proceeds from asset sales, including Supreme and its Dickies workwear brand, to reduce debt, lowering adjusted leverage to 4.3x at the end of FY25 from 5.1x in 2024, with further reductions anticipated. S&P Global maintained its BB issuer credit rating on VF, along with B short-term and commercial paper ratings, with a stable outlook. Once the Dickies sale closes ... Log in to view full article.
