Gross Margins: The Gas in the TSR Engine
In the past decade, Church & Dwight has consistently created value at the top of its peer group. See what it did to kick its value creation into overdrive.Read the story
With brands like Lee Jeans and Timberland, VF Corporation is one of the world’s largest apparel companies. But despite its best efforts, the company’s price-to-earnings ratio remained the lowest in its peer group. In 2005, VF Corporation turned its focus to total shareholder return (TSR), driving a transformation that has allowed the company to grow its market capitalization more than sixfold.