VF Corp. to Lay Off 242 Employees in Virginia Distribution Center Closure [Yahoo! Finance]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Yahoo! Finance
VF CEO Bracken Darrell Makes His Turnaround Case on Wall Street VF Says Brands Will be 'Anchored in Performance' As It Outlines Growth Agenda at Investor Day VF. Corp is planning to close a distribution in Martinsville, Va., resulting in over 200 employees losing their jobs. According to a Nov 15 WARN notice filing, the footwear conglomerate, which owns Vans, The North Face and other brands, plans to close the Virginia distribution center by Jan. 19, 2025. The closure will impact 242 employee roles, according to the filing. VF told FN in a statement that it decided to close the center in May after evaluating the best way to ship its products to consumers, as part of the company's “Reinvent” strategy that it rolled out in 2023. As part of this closure, VF will now ship products from its center in Ontario, Canada that it opened last year and via a third-party logistics provider. “This transition will deliver operational efficiencies, consolidate our operations, and reduce rea
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VFC
News
- Industry Experts Set Out Fashion’s Sustainability Priorities For 2025 [Forbes]Forbes
- V.F. Corp Rises to 52-Week High: Time to Buy, Hold or Book Profits? [Yahoo! Finance]Yahoo! Finance
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- VF Corporation (NYSE: VFC) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating.MarketBeat
- Q3 Earnings Roundup: Figs (NYSE:FIGS) And The Rest Of The Apparel and Accessories Segment [Yahoo! Finance]Yahoo! Finance
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