VF Corp shares rise 32% in 6 months as turnaround shows strong growth and margin recovery potential.

VF Corp (VFC) remains a strong buy as its turnaround strategy gains momentum, with shares up 32% over six months. The company's Q3 2026 results exceeded expectations, driven by growth in North Face and Timberland brands, recovery in the direct-to-consumer channel, and early signs of stabilization at Vans. Financial health improved through the Dickies divestiture, debt reduction, and expanding operating margins, minimizing refinancing risks. Valuation is attractive at 10.3x EV/EBITDA, with potential for further gains as margins and earnings normalize.