VF Corp.’s Outlook Upgraded by S&P
The ratings agency changed VFC’s outlook to positive from stable and affirmed its BB issuer credit rating, as the company aims to reduce leverage below 3.0x in FY 27, with a target of 2.5x net leverage the following fiscal year. VF reduced its leverage to 4.7x to 3.1x over the last four quarters through operational improvement and debt reduction. S&P expects VF to sustain ... Log in to view full article.
