S&P Global Revises VF Corp. Outlook to Negative
The ratings agency affirmed VF’s BBB issuer credit rating and A-2 short-term and commercial paper ratings, but changed its outlook from stable to negative after the company’s Q2 earnings came in below expectations. S&P forecasts that VF’s leverage will remain above 3x through the end of fiscal 2025, and could lower ... Log in to view full article.
