$VFC VF Corp | Understand Stock

What Do They Do?

Sells outdoor apparel and gear, alongside active-lifestyle products, to consumers and retailers.

How Do They Make Money?

Retailers and digital partners buy VF-branded goods wholesale, with payment terms generally between 30 and 60 days. Shoppers buy through VF stores and websites, with shorter payment terms; online orders are sold when they ship or are delivered.

revenue

Segment	Share	Revenue	How money arrives
Outdoor Sold outright	60% FY2023: 51%		Sold outright
Active Sold outright	28% FY2023: 40%		Sold outright

Who Are Their Customers?

Retailers and digital partners buy VF products wholesale; shoppers buy directly through VF-operated stores, concession stores, brand websites and other digital platforms.

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2026.

Operating income, FY2026

6% of revenue

▲ +90% vs FY2025 ($303.8M, 3%)

Net income, FY2026

3% of revenue

▲ Now profitable vs FY2025 (−$189.7M, −2%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q1 FY2027, the three months to Jun 27, 2026

Revenue: ▼ −5%; vs $1.8B in Q1 FY2026
Net income: ▼ −17% (Loss); vs −$116.4M in Q1 FY2026

Outdoor share of revenue vs 46.2% in Q1 FY2026

Jul 29, 2026 VF raised FY'27 revenue guidance and named a new CFO VF named Abhishek Dalmia CFO as Paul Vogel moved to an advisory role; FY'27 revenue outlook rose to +2% or better C$ from +1% to +2%.

Shrinking. Revenue fell 19% in 4 years, from $11.8B in FY2022 to $9.6B in FY2026, about 5% a year.

Supreme exit The older report listed Supreme among VF's Active brands; the latest report says VF completed the brand sale.

Workwear portfolio The older report grouped Dickies and Timberland PRO in Work; the latest says VF sold Dickies and grouped Timberland PRO with Outdoor.

Revenue over time

Outdoor Active Work

$20B$10B$0

FY2022 FY2023 FY2024 FY2025 FY2026