VF(NYSE) VFC

V.F. Corporation helps people stay active with clothing and shoes. Its products serve families, outdoor enthusiasts, and workers. The company sells items through many global lifestyle brands.

What You'll Find in the Closet

• Outdoor: Brands including The North Face and Timberland; generated $857.0 million during the three months ended June 2026.
• Active: Features Vans, Kipling, Eastpak, and JanSport; brought in $667.3 million for the three months ended June 2026.
• Wholesale: Distribution of products through department stores and specialty retailers; represented 56% of total revenue in the three months ended June 2026.
• Direct-to-Consumer: Sales through company-operated stores and e-commerce platforms; accounted for 44% of total revenue in the three months ended June 2026.
• All Other: Emerging brands such as Smartwool, Altra, and Icebreaker; generated $145.1 million in the three months ended June 2026.

Changing the Brand Lineup

• Sold the Dickies brand business on November 12, 2025, to Bluestar Alliance LLC.
• Introduced Reinvent, a transformation program designed to streamline the cost base and improve business operations.
• Completed an early redemption of $582.2 million in outstanding senior notes in February 2026.
• Finalized the sale of a distribution center for $22.5 million during the three months ended June 2026.

Reaching Customers Around the World

V.F. Corporation manages a global network that includes 1,068 retail stores and extensive digital sales platforms. The company maintains a diverse supply chain by sourcing 85% of U.S. products from Southeast Asia and the Americas.

The Latest Financial Results

• Total revenues reached $1.7 billion for the three months ended June 2026, down 5% year over year.
• Gross margin was 54.9% in the three months ended June 2026, up 100 basis points from the prior year.
• The company reported a net loss of $97.2 million for the three-month period ended June 2026.
• International operations generated 53% of total revenues during the three months ended June 2026.
• Total outstanding debt averaged $3.6 billion during the three-month period ended June 2026.

A New Direction for Apparel

V.F. Corporation is evolving into a more focused organization by divesting noncore brands and reducing its debt levels. Its management of varied lifestyle brands and a global distribution network supports its market position.