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Update: 2025-10-28
Description
VF Corporation's Q2 earnings beat expectations, driven by strong performances from The North Face and Timberland. Despite outperforming, shares slipped in early trading. Revenue increased by 2% to $2.8 billion, but adjusted for currency, it fell by 1%. The North Face grew by 6% and Timberland by 7%, while Vans dropped by 9%. VF Corp sold Dickies for $600 million to invest more in core brands and shareholder returns. Revenue is expected to dip by 1-3% in Q3, with adjusted operating income projected between $275-305 million. The company also announced a $0.09 dividend and reduced net debt by $1.5 billion.
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