VF Corp Investor Day 2019: A Purpose-Led, Performance-Driven Strategy for Growth

Executive Summary

On September 25, 2019, VF Corporation hosted its investor day at its new corporate headquarters in Boulder, Colorado.

• VF articulated a purpose-led, performance-driven strategy for growth, and introduced revenue and earnings per share (EPS) 2024 targets.
• The company outlined a five-year plan to grow revenues to $15.4-15.6 billion by FY24, at a 7%–8% CAGR.
• VF’s four power brands, direct-to-consumer (DTC) and international will set the growth pace.
• EPS is projected to grow at a 12-14% CAGR through FY24, benefitting from modest margin expansion and share repurchases in addition to the projected revenue gains.