10:55 AM EDT, 05/22/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month price target of $24, based on 16.0x our FY 27 (Mar.) EPS estimate and below the company's three-year average forward P/E multiple of 17.6x, reflecting our view that the company's forward multiple has been skewed higher by volatile earnings in recent years. We maintain our FY 27 EPS estimate of $1.50 and initiate our FY 28 EPS estimate at $1.90. We believe the turnaround story for VFC is taking shape and Vans is finally starting to stabilize while The North Face and Timberland continue impressive momentum. VFC posted Q4 FY 26 revenue of $2.166B (+1% Y/Y), $39M above estimates and operating income of $62M versus a $73M loss in the prior year. Excluding the divested Dickies brand, revenue grew +8% Y/Y, or +3% at constant currency, ahead of guidance, while adjusted operating income ex-Dickies of $54M significantly exceeded the $10M-$30M guidance range. By brand in FQ4, The North Face revenue was +12% Y/Y, Timberland +8%, and Vans stabilized at -1%. We believe significant value has emerged.