VF Medium-Term Financial Targets Adj. Operating Margin Of At Least 10%; Adjusted Gross Margin Of At Least 55%
Portfolio Pulse from Benzinga Newsdesk
VF Corporation has set medium-term financial targets, aiming for an adjusted operating margin of at least 10% and an adjusted gross margin of at least 55%.
October 30, 2024 | 1:24 pm
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VF Corporation has announced medium-term financial targets, including an adjusted operating margin of at least 10% and an adjusted gross margin of at least 55%. This indicates a focus on improving profitability and operational efficiency.
The announcement of specific financial targets suggests a strategic focus on enhancing profitability and operational efficiency. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price as the market anticipates improved financial performance.
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