$VFC on verge of massive Breakout Entry level $93.00 = Price Target $105 = Stop loss $90.00
On verge of multiyear breakout.
Ascending triangle closing in on apex.
Earnings approaching, may be stimulant.
Average analysts price target $100 | Overweight
Up 35% year to date.
Company profile
VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor, Active, Work and Jeans. The Outdoor segment refers to outdoor and activity-based lifestyle brands including performance-based apparel, footwear, equipment, backpacks, luggage and accessories. The Active segment is a group of activity-based lifestyle brands which offers active apparel, footwear and accessories. The Work segment consists of work and work-inspired lifestyle apparel and footwear and occupational apparel sold through direct-to-consumer, wholesale and business-to-business channels. The Jeans segment markets denim and related casual apparel products globally. The company was founded by John Barbey in October 1899 and headquartered in Greensboro, NC.