VF Corp
NYSE:VFC

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VF Corp
NYSE:VFC
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Price: 19.05 USD 2.58% Market Closed
Market Cap: 7.4B USD

VF Corp
Investor Relations

VF Corp, a titan in the apparel and footwear industry, boasts a rich legacy that threads back to its founding in 1899. Originally birthed as the Reading Glove and Mitten Manufacturing Company in Pennsylvania, VF Corp has since metamorphosed into one of the world's largest apparel companies. The firm nourished brands like Vans, The North Face, Timberland, and Dickies under its extensive portfolio. VF Corp’s strategy hinges on acquiring and nurturing brands that resonate deeply with distinct customer segments, leveraging their unique identities to capture resilient consumer loyalty. Through both wholesale channels and direct-to-consumer strategies, including a robust e-commerce platform, VF Corp has tailored its operations to meet the diverse demands of global consumers, ensuring its brands are both sought-after and accessible.

Financially, VF Corp operates by maintaining a keen focus on efficient supply chain management and sharp cost controls, critical in the notoriously cyclical apparel industry. The company earns revenue through a hybrid approach, balancing wholesale distribution to a myriad of global retailers, alongside robust direct-to-consumer sales through brand-dedicated stores and online platforms. The company's ability to weave brand equity with operational efficiency sets it apart, ensuring profitable growth while scaling its brands across international markets. Innovations in sustainability and hyper-focus on adapting to evolving consumer preferences, such as shifts towards athleisure and outdoor wear, have positioned VF Corp not just as a participant in the market but as an agile and visionary leader navigating its many shifts.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Oct 28, 2025
AI Summary
Q2 2026

Revenue: VF Corporation reported Q2 revenue of $2.8 billion, up 2% as reported and down 1% in constant dollars, slightly ahead of guidance.

Operating Income: Q2 operating income was $330 million, beating the guidance range of $260–$290 million.

Brand Performance: The North Face and Timberland both grew 4%, while Altra surged over 35%. Vans revenue was down 11%, but underlying trends are improving.

Dickies Divestiture: VF agreed to sell Dickies for $600 million, using proceeds to pay down debt and accelerate deleveraging.

Margins: Adjusted gross margin was flat year-over-year; promotional activity benefited margins but was offset by FX headwinds.

Guidance: Q3 revenue expected to decline 1–3% in constant currency; operating income guidance of $275–$305 million.

Debt Reduction: Net debt, including lease liabilities, was reduced by $1.5 billion, down 21% from last year.

Key Financials
Revenue
$2.8B
Operating Income
$330M
Adjusted Earnings Per Share
$0.52
Adjusted Operating Margin
11.8%
Net Debt (including lease liabilities)
Down $1.5B YoY
Free Cash Flow (through Q2)
-$453M
Inventories
Down 4% YoY (excluding Dickies)
The North Face Revenue
Up 4% YoY
Timberland Revenue
Up 4% YoY
Altra Revenue
Up over 35% YoY
Vans Revenue
Down 11% YoY
SG&A
Up 1% YoY (reported), down 1% (constant dollars)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Bracken P. Darrell
President, CEO & Director
No Bio Available
Mr. Brent Hyder
Executive VP & Chief People Officer
No Bio Available
Mr. Martino Scabbia Guerrini
Chief Commercial Officer & President of Emerging Brands
No Bio Available
Ms. Caroline T. Brown
Global Brand President of The North Face
No Bio Available
Mr. Paul Aaron Vogel C.F.A.
Chief Financial Officer
No Bio Available
Mr. Bryan H. McNeill
VP, Controller & Chief Accounting Officer
No Bio Available
Ms. Allegra Perry
Vice President of Investor Relations
No Bio Available
Ms. Jennifer S. Sim
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Brian Beckstead
Founder & Chief Marketing Officer
No Bio Available
Mr. Angelo LaGrega
President of VF Jeans Wear for Mass Brands - Americas
No Bio Available

Contacts

Address
COLORADO
Denver
1551 Wewatta Street
Contacts
+17207784000.0
www.vfc.com