V F CORP
Business
V.F. Corporation is a diversified apparel, footwear, equipment and accessories company operating a portfolio of leading outdoor and active lifestyle brands, including The North Face, Vans, and Timberland. The company sells products through wholesale channels (specialty stores, national chains, department stores, digital partners) and direct-to-consumer operations (company-operated stores, e-commerce, and concession locations). VF operates two reportable segments—Outdoor and Active—with geographic exposure across the Americas, Europe, and Asia-Pacific.
Summary from 10-K filed 2026-05-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Revenues | 9,605 | 9,505 | 9,916 | 11,089 | 11,842 | |
| Cost of goods sold | 4,343 | 4,421 | 4,803 | 5,293 | 5,386 | |
| Selling, general and administrative expenses | 4,654 | 4,691 | 4,749 | 4,798 | 4,823 | |
| Impairment of goodwill and intangible assets | 31 | 89 | 508 | 0 | 0 | |
| Total costs and operating expenses | 9,029 | 9,201 | 10,060 | 10,091 | 10,210 | |
| Operating income (loss) | 577 | 304 | −144 | 999 | 1,632 | |
| Interest income | 18 | 25 | 20 | 9 | 5 | |
| Interest expense | −167 | −174 | −186 | −153 | — | |
| Other income (expense), net | −87 | −9 | 25 | −117 | 26 | |
| Income (loss) from continuing operations before income taxes | 341 | 145 | −285 | 738 | 1,523 | |
| Income tax expense | 86 | 76 | 734 | −18 | 307 | |
| Income (loss) from continuing operations | 255 | 69 | −1,018 | 756 | 1,216 | |
| Income (loss) from discontinued operations, net of tax | 0 | −259 | 50 | −637 | 171 | |
| Net income (loss) | 255 | −190 | −969 | 119 | 1,387 | |
| Continuing operations (in USD per share) | 0.65 | 0.18 | −2.62 | 1.95 | 3.12 | |
| Discontinued operations (in USD per share) | 0 | −0.67 | 0.13 | −1.64 | 0.44 | |
| Total earnings (loss) per common share - basic (in USD per share) | 0.65 | −0.49 | −2.49 | 0.31 | 3.55 | |
| Continuing operations (in USD per share) | 0.64 | 0.18 | −2.62 | 1.95 | 3.1 | |
| Discontinued operations (in USD per share) | 0 | −0.66 | 0.13 | −1.64 | — | |
| Total earnings (loss) per common share - diluted (in USD per share) | 0.64 | −0.48 | −2.49 | 0.31 | 3.53 | |
| Basic (in shares) | 391 | 389 | 388 | 388 | 390 | |
| Diluted (in shares) | 396 | 393 | 388 | 388 | 392 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 824 | 429 | 656 | 799 | 1,276 | |
| Accounts receivable, less allowance for doubtful accounts of: March 2026 - $23,964; March 2025 - $31,853 | 1,428 | 1,322 | 1,263 | 1,610 | 1,468 | |
| Inventories | 1,371 | 1,627 | 1,698 | 2,293 | 1,419 | |
| Other current assets | 386 | 408 | 493 | 435 | 426 | |
| Total current assets | 4,010 | 3,786 | 4,227 | 5,153 | 4,588 | |
| Property, plant and equipment, net | 675 | 721 | 789 | 911 | 1,042 | |
| Intangible assets, net | 1,468 | 1,711 | 1,776 | 2,643 | 3,000 | |
| Goodwill | 588 | 603 | 645 | 1,156 | 2,394 | |
| Operating lease right-of-use assets | 1,321 | 1,262 | 1,255 | 1,306 | 1,247 | |
| Other assets | 1,230 | 1,294 | 1,210 | 1,902 | 1,071 | |
| TOTAL ASSETS | 9,290 | 9,378 | 11,613 | 13,990 | 13,342 | |
| Short-term borrowings | 10 | 12 | 264 | 11 | 335 | |
| Current portion of long-term debt | 0 | 541 | 1,001 | 924 | 501 | |
| Accounts payable | 826 | 790 | 788 | 936 | 563 | |
| Current portion of operating lease liabilities | 333 | 309 | — | — | — | |
| Accrued liabilities | 1,011 | 1,047 | 1,324 | 1,674 | 1,916 | |
| Total current liabilities | 2,181 | 2,698 | 3,457 | 3,546 | 3,315 | |
| Long-term debt | 3,520 | 3,426 | 4,702 | 5,711 | 4,584 | |
| Long-term portion of operating lease liabilities | 1,120 | 1,079 | 1,087 | 1,172 | 1,024 | |
| Other liabilities | 619 | 687 | 636 | 651 | 888 | |
| Total liabilities | 7,440 | 7,890 | 9,955 | 11,080 | 9,812 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred Stock, par value $1; shares authorized, 25,000,000; no shares outstanding at March 2026 or March 2025 | 0 | 0 | 0 | 0 | 0 | |
| Common Stock, stated value $0.25; shares authorized, 1,200,000,000; shares outstanding at March 2026 - 391,515,399; March 2025 - 389,695,199 | 98 | 97 | 97 | 97 | 97 | |
| Additional paid-in capital | 3,488 | 3,541 | 3,600 | 3,776 | 3,916 | |
| Accumulated other comprehensive loss | −807 | −978 | −1,064 | −1,020 | −927 | |
| Accumulated deficit | −929 | −1,173 | −975 | 57 | 443 | |
| Total stockholders equity | 1,850 | 1,487 | 1,658 | 2,911 | 3,530 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 9,290 | 9,378 | 11,613 | 13,990 | 13,342 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation, amortization and other asset write-downs | 281 | 260 | 308 | 252 | 267 | |
| Reduction in the carrying amount of right-of-use assets | 355 | 352 | 380 | 370 | 410 | |
| Stock-based compensation | 77 | 73 | 58 | 40 | 91 | |
| Provision for doubtful accounts | 9 | 15 | 11 | 4 | −716,000 | |
| Pension expense in excess of (less than) contributions | 188 | −1 | −18 | 79 | −41 | |
| Pension termination asset reversion, net | 125 | 0 | 0 | — | — | |
| Deferred income taxes | −42 | −89 | −384 | 12 | −157 | |
| Write-off of income tax receivables and interest | 0 | 0 | 921 | 0 | 0 | |
| Gain on sale of business | −127 | 0 | 0 | — | — | |
| Other, net | 9 | −10 | −2 | −39 | −12 | |
| Accounts receivable | −167 | −101 | 324 | −142 | −203 | |
| Inventories | 174 | 54 | 521 | −883 | −381 | |
| Accounts payable | 27 | −2 | −112 | 381 | 105 | |
| Income taxes | −47 | 9 | −156 | −1,127 | 201 | |
| Accrued liabilities | −86 | 49 | 28 | −16 | 88 | |
| Operating lease right-of-use assets and liabilities | −350 | −354 | −374 | −366 | −444 | |
| Other assets and liabilities | −40 | 24 | −108 | 25 | −286 | |
| Cash provided by operating activities - continuing operations | 671 | 438 | 885 | −654 | 858 | |
| Cash provided by operating activities - discontinued operations | 0 | 27 | 130 | −2 | 6 | |
| Cash provided by operating activities | 671 | 465 | 1,015 | −656 | 864 | |
| Proceeds from sale of businesses, net of cash sold | 601 | 1,506 | 0 | 0 | 617 | |
| Proceeds from sale of assets | 868,000 | 88 | 27 | 99 | 33 | |
| Capital expenditures | −115 | −86 | −136 | −152 | −245 | |
| Software purchases | −51 | −40 | −61 | −93 | −83 | |
| Other, net | −28 | −36 | 12 | −26 | −19 | |
| Cash provided (used) by investing activities - continuing operations | 407 | 1,433 | −159 | −172 | 904 | |
| Cash used by investing activities - discontinued operations | 0 | −4 | −14 | −16 | −525,000 | |
| Cash provided (used) by investing activities | 407 | 1,428 | −172 | −188 | 904 | |
| Net increase (decrease) in short-term borrowings | −2 | −252 | 255 | −324 | 324 | |
| Payments on long-term debt | −583 | −1,751 | −908 | −501 | −504 | |
| Payment of debt issuance costs | −13 | 0 | −576,000 | −7 | −2 | |
| Cash dividends paid | −141 | −140 | −303 | −703 | −773 | |
| Proceeds from issuance of Common Stock, net of (payments) for tax withholdings | 699,000 | −3 | −3 | −3 | 37 | |
| Cash used by financing activities | −738 | −2,146 | −960 | 464 | −1,269 | |
| Effect of foreign currency rate changes on cash, cash equivalents and restricted cash | 60 | 7 | −22 | −81 | — | |
| Net change in cash, cash equivalents and restricted cash | 401 | −245 | −139 | −461 | 426 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is V F CORP's CIK number?
V F CORP's SEC CIK number is 0000103379 (103379). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find V F CORP's SEC filings?
All of V F CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did V F CORP last report earnings?
V F CORP (VFC) most recently filed an earnings 8-K with the SEC on May 20, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000103379-26-000028). This is V F CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is V F CORP's most recent earnings 8-K?
V F CORP's latest earnings 8-K (Item 2.02) was filed May 20, 2026 under accession 0000103379-26-000028. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View V F CORP's latest earnings 8-K →
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