New Accounting & Financial Operations Risk for VF Corp – What’s the Latest?
Market News

New Accounting & Financial Operations Risk for VF Corp – What’s the Latest?

VF Corp (VFC) has disclosed a new risk, in the Accounting & Financial Operations category.

VF Corp faces substantial financial risks due to its balance sheet’s heavy reliance on intangible assets and goodwill. Recent impairments, such as those impacting the Timberland, Dickies, and Supreme units, underscore the volatility in these assets’ valuations. VF’s annual and event-driven impairment tests are critical in assessing the fair value, which can be adversely affected by market fluctuations and economic downturns. Persistent challenges and deviations from financial projections may lead to further material impacts on VF’s financial position.

Overall, Wall Street has a Hold consensus rating on VFC stock based on 3 Buys, 2 Sells and 14 Holds.

To learn more about VF Corp’s risk factors, click here.

Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App