Fort Worth city leaders blindsided by announcement of Dickies move to California [Yahoo! Finance]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Yahoo! Finance
Colorado-based VF Corp. kept secret its plans until its public announcement Thursday, which is how city staff learned of the move. Without knowing VF's thinking, the city's business and economic development teams had no opportunity to try to change the company's mind, according to officials. There had been speculation about the iconic clothing brand's potential departure from Fort Worth, where Dickies was founded in 1922. But the city's business leaders received no official confirmation until VF Corp.'s statement, said Andrea Duffie, a spokesperson for the city's economic development department. “VF Corp. did not engage with the City or our partners to explore solutions. Ultimately, this was a decision made by VF Corp., Dickies' parent company, as a result of their current corporate structure,” she said. The move will impact about 120 employees in Fort Worth. VF Corp . plans to relocate Dickies' operations by May to a campus in Costa Mesa, California, where it has headquarter
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News
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- VF Corporation (NYSE: VFC) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating.MarketBeat
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VFC
Earnings
- 10/28/24 - Beat
VFC
Sec Filings
- 11/14/24 - Form SC
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- VFC's page on the SEC website