VF Corporation is a global leader in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and accessories. The company connects people to lifestyles, activities, and experiences through a diverse portfolio of iconic outdoor, active, and workwear brands. VF Corporation sells products such as outerwear, footwear, apparel, backpacks, luggage, and accessories.
- Outdoor - Offers a range of products including outerwear, footwear, and accessories, featuring brands like The North Face® and Timberland®.
- Active - Focuses on active lifestyle products, primarily through the Vans® brand, offering footwear and apparel.
- Work - Provides durable workwear and accessories, with key brands such as Dickies®.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Bracken Darrell [May 23 ExecutiveBoard | President and Chief Executive Officer | Director at Sonos, Inc. | Bracken Darrell has been serving as President and Chief Executive Officer of VF Corporation since July 17, 2023. He is also a Director on the VF Corporation Board and an ex officio member of the Finance Committee since August 1, 2023. | View Report → |
Richard T. Carucci [June 11 ExecutiveBoard | Chair of the VF Board | Chair of VF Corporation since June 2023 , and has served as a Director since 2009. Previously, he held senior roles at Yum! Brands, Inc including CFO (2005–2012) and President (2012–2014). | ||
Brent E. Hyder [May 23 Executive | Executive Vice President, Chief People Officer | Brent E. Hyder is the Executive Vice President, Chief People Officer at VF Corporation since September 2023, playing a key role in the company’s transformation initiatives. Previously, he served as President and Chief People Officer at Salesforce from September 2019 to September 2023. | ||
Bryan H. McNeill [May 23 Executive | Vice President, Controller, and Chief Accounting Officer | Bryan H. McNeill is Vice President, Controller, and Chief Accounting Officer at VF Corporation since April 2015, and has been with VF since 1993. He previously served as Controller and Supply Chain CFO of VF International (January 2012 – March 2015) and as Controller of VF International (May 2010 – December 2011). | ||
Jennifer S. Sim [May 23 Executive | Executive Vice President, General Counsel, and Secretary | Jennifer S. Sim has been serving as Executive Vice President, General Counsel, and Secretary at VF Corporation since May 2022. Previously, she served as Vice President, Deputy General Counsel from 2019 until May 2022, Vice President, General Counsel – Americas West from 2016 until 2019, and Vice President, General Counsel – Outdoor & Action Sports Americas from 2013 until 2016 at VF Corporation. | ||
Martino Scabbia Guerrini [May 23 Executive | Executive Vice President, Chief Commercial Officer and President, Emerging Brands | Martino Scabbia Guerrini is the Executive Vice President, Chief Commercial Officer and President, Emerging Brands at VF Corporation, a role he assumed on October 16, 2023. Previously, he held several senior leadership positions at VF Corporation, including Executive Vice President and President in various regions. | ||
Alexander K. Cho [June 11 Board | Director | President of Personal Systems at HP Inc. | Alexander K. Cho has been serving as a Director at VF Corporation since 2022. He is a member of the Audit Committee and Governance and Corporate Responsibility Committee , and he also holds the role of President of Personal Systems at HP Inc. since 2018. | |
Carol L. Roberts [June 11 Board | Director | Director at Alcoa Corporation | Carol L. Roberts has served as a Director at VF Corporation since 2017 and holds key committee positions, including membership on the Audit and Executive Committees and chairing the Finance Committee. Prior to VF Corporation, she was the CFO at International Paper Company from 2011 to 2017 and held other senior leadership roles. | |
Clarence Otis Board | Director | Director at The Travelers Companies, Inc.; Director at Verizon Communications, Inc. | Clarence Otis, Jr. has served as a Director at VF Corporation since 2004 and participates in the Audit, Executive, Finance, and Governance & Corporate Responsibility Committees. Previously, he held executive roles including CEO of Darden Restaurants, Inc.. | |
Juliana L. Chugg [June 11 Board | Director on VF Corporation's Board of Directors | Director at Darden Restaurants, Inc. since 2022 ; Director at MasterBrand, Inc. since 2022 | Juliana L. Chugg has served as a Director on VF Corporation's Board since 2009 and chairs the Talent and Compensation Committee. She brings extensive leadership experience from prior roles at companies such as Mattel and General Mills. | |
Kirk C. Tanner [June 11 Board | Independent Director | President and CEO of The Wendy’s Company | Kirk C. Tanner serves as an Independent Director on VF Corporation's Board since May 30, 2024. He is a member of the Audit Committee and the Governance and Corporate Responsibility Committee at VF Corporation. | |
Laura W. Lang [June 11 Board | Director | Managing Director at Narragansett Ventures, LLC (2014–Present); Senior Advisor at L Catterton (2018–Present); Board Director at Oscar Health, Inc. (2022–Present); Board Director at Vroom, Inc. (2020–Present) | Laura W. Lang has served as a Director at VF Corporation since 2011. She contributes to VF’s governance as an active board member on the Finance Committee and Talent and Compensation Committee. She also holds significant external leadership positions, including Managing Director at Narragansett Ventures, LLC (2014–Present) and Senior Advisor at L Catterton (2018–Present). | |
Mark S. Hoplamazian [June 11 Board | Director | President and Chief Executive Officer of Hyatt Hotels Corporation | Mark S. Hoplamazian has been a Director at VF Corporation since 2015 and serves on the Finance and Talent and Compensation Committees. He is also the President and Chief Executive Officer of Hyatt Hotels Corporation since 2006. | |
Matthew J. Shattock [June 11 Board | Director | Non-Executive Chair, Domino's Pizza Group, PLC ; Lead Independent Director, The Clorox Company | Matthew J. Shattock has served as a Director at VF Corporation since 2013 and will chair the Governance and Corporate Responsibility Committee starting July 1, 2024. He brings extensive leadership experience from roles at Beam Suntory, Cadbury, and Unilever. | |
Mindy F. Grossman [June 11 Board | Director | Partner at The Consello Group ; Board Director at Hungryroot ; Board Director at Fanatics, Inc. ; Board Director at Herself Health ; Board Director at American Heart Association | Mindy F. Grossman was elected as a director at VF Corporation on May 30, 2024 and serves on the Talent and Compensation Committee and the Governance and Corporate Responsibility Committee. She brings over two decades of leadership experience from roles such as Partner at The Consello Group (2022 – Present) and CEO at WW International, HSNi, and IAC Retail. | |
Trevor A. Edwards [June 11 Board | Director | Director, Funko, Inc. | Trevor A. Edwards is an experienced leader specializing in marketing and brand management with previous tenures at Nike and Colgate-Palmolive. He has been serving as a Director at VF Corporation since October 22, 2023. |
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Regarding the ongoing turnaround efforts for the Vans brand, could you elaborate on the specific strategies you are implementing to address the 31% decline in Vans sales in the Asia-Pacific region , and when do you anticipate these initiatives will begin to show measurable results?
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With the outsized wholesale performance in Q3 partly due to reorders and orders pulled forward into Q3 from Q4 , how do you plan to mitigate the potential impact of a deceleration in Q4, and what measures are you taking to ensure sustainable growth without relying on such timing shifts?
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Given that you anticipate the first half of fiscal 2026 could look similar to the back half of fiscal 2025 , what are the key challenges preventing stronger growth in the near term, and how confident are you in achieving your medium-term operating margin target of at least 10% without significant top-line growth?
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While you've achieved cost savings through the Reinvent program, with SG&A dollars expected to be up slightly in Q4 due to increased investment in marketing and product , how are you balancing cost discipline with the need for investment to drive growth, and what risks do you see to margins if growth does not materialize as expected?
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With inventories down 14% versus last year and the need to ensure you have sufficient product to meet demand, especially for brands like The North Face and Timberland that are performing well, do you have adequate inventory levels to capitalize on potential sales opportunities, and how are you managing inventory risk without compromising growth?
Research analysts who have asked questions during V F earnings calls.
Brooke Roach
Goldman Sachs Group, Inc.
4 questions for VFC
Laurent Vasilescu
BNP Paribas S.A.
4 questions for VFC
Matthew Boss
JPMorgan Chase & Co.
4 questions for VFC
Michael Binetti
Evercore ISI
4 questions for VFC
Adrienne Yih-Tennant
Barclays
3 questions for VFC
Jay Sole
UBS
3 questions for VFC
Lorraine Hutchinson
Bank of America
3 questions for VFC
Dana Telsey
Telsey Advisory Group
2 questions for VFC
Irwin Boruchow
Wells Fargo Securities
2 questions for VFC
Jim Duffy
Stifel Financial Corp.
2 questions for VFC
Robert Drbul
Guggenheim Securities
2 questions for VFC
Simeon Siegel
BMO Capital Markets
2 questions for VFC
Adrienne Yih
Barclays
1 question for VFC
Janine Stichter
BTIG
1 question for VFC
John Kernan
Cowen Inc.
1 question for VFC
Jonathan Komp
Robert W. Baird & Co.
1 question for VFC
Paul Lewis
Citigroup
1 question for VFC
Peter McGoldrick
Stifel
1 question for VFC
Tracy Kogan
Citigroup
1 question for VFC
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Largest Customer | Purchase order basis (no long-term agreements) | All | 2% of total revenues in FY2024, approximately $209.1 million (2% × $10,454.7 million) |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Supreme Holdings, Inc. | 2020 | VF Corporation completed the acquisition by paying a base purchase price of $2.1 billion (with up to an additional $300 million contingent on milestones) via a merger that made Supreme a wholly owned subsidiary. The deal aligns with VF’s consumer-minded, retail-centric strategy, leveraging Supreme’s established brand and leadership to tap into a $1 billion global opportunity through international and DTC expansion. |
Recent press releases and 8-K filings for VFC.
- Faruqi & Faruqi, LLP is investigating potential securities claims against V.F. Corporation (VFC) and reminds investors of the November 12, 2025 deadline to seek lead plaintiff status in a federal securities class action.
- The complaint alleges VFC made false or misleading statements and/or failed to disclose that significant reset actions were necessary for the Vans brand, which would cause setbacks to its revenue growth trajectory, leading investors to purchase securities at artificially inflated prices.
- The alleged class period for investors who suffered losses is between October 30, 2023, and May 20, 2025.
- On May 21, 2025, VFC reported its Q4 and full-year fiscal 2025 results, highlighting a 20% loss in Vans' growth for Q4, which caused VFC's stock price to decline by about 15.8% from $14.43 to $12.15 per share.
- Faruqi & Faruqi, LLP is investigating V.F. Corporation (VFC) for potential federal securities law violations, alleging false or misleading statements regarding its turnaround plans and the Vans brand's growth trajectory.
- The investigation period covers investors who suffered losses between October 30, 2023, and May 20, 2025.
- On May 21, 2025, VFC's stock price declined by approximately 15.8% after reporting a significant decline in Vans' growth for the fourth quarter and full-year fiscal 2025.
- The deadline for investors to seek the role of lead plaintiff in the federal securities class action is November 12, 2025.
- Faruqi & Faruqi, LLP is investigating V.F. Corporation (VFC) for potential federal securities class action claims.
- The investigation concerns investors who purchased VFC securities between October 30, 2023, and May 20, 2025, alleging false or misleading statements and/or failure to disclose the true state of VFC's turnaround plans, particularly regarding the Vans brand's revenue growth trajectory.
- On May 21, 2025, VFC's stock price declined by approximately 15.8%, from $14.43 to $12.15 per share, after the company reported a 20% loss in Vans' growth trajectory for the fourth quarter of fiscal year 2025.
- The deadline for investors to seek the role of lead plaintiff in the federal securities class action is November 12, 2025.
- Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) for alleged federal securities law violations, specifically concerning misleading statements about its turnaround plans and the Vans brand's growth trajectory.
- The class action covers investors who suffered losses in VFC between October 30, 2023, and May 20, 2025.
- The alleged misrepresentations became apparent on May 21, 2025, when VFC reported its Q4 and full-year fiscal 2025 results, revealing a 20% loss in Vans' growth trajectory for the fourth quarter.
- Following this disclosure, VFC's stock price declined by approximately 15.8%, falling from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025.
- The deadline for investors to seek the role of lead plaintiff in the federal securities class action is November 12, 2025.
- Faruqi & Faruqi, LLP is investigating V.F. Corporation (VFC) due to a federal securities class action alleging false or misleading statements regarding the Vans brand's turnaround plans.
- The lawsuit follows VFC's May 21, 2025, report of Q4 and FY 2025 results, which showed a significant decline in Vans' growth trajectory, including a 20% loss in Q4, causing VFC's stock price to fall by 15.8%.
- Investors who suffered losses exceeding $50,000 between October 30, 2023, and May 20, 2025, have until November 12, 2025, to seek the role of lead plaintiff.
- V.F. Corporation is selling its Dickies brand to Blue Star Alliance following an attractive inbound offer, which will improve leverage ratios and enable debt paydown. The proceeds will also allow the company to avoid drawing down on its $1.5 billion asset-based lending facility.
- Strategic actions for the Vans brand are expected to conclude by the end of Q3 and be clear by Q4 of the fiscal year, with a focus on new product development and marketing initiatives to drive growth.
- The Timberland brand is experiencing strong growth, particularly driven by the 60th anniversary of the Yellow Boot and collaborations.
- Altra is highlighted as a high-potential brand, reporting 20% growth last quarter and being a leader in trail running and one of the fastest-growing road running shoes.
- V.F. Corporation is offsetting all tariffs through cost reductions, strategic pricing, and plant relocations, aiming for full offset by next year, and is also improving marketing efficiency across its brands.
- Faruqi & Faruqi, LLP is investigating V.F. Corporation (VFC) for potential federal securities law violations.
- The investigation alleges that VFC made false and/or misleading statements and failed to disclose the true state of its turnaround plans, particularly concerning the Vans brand's growth trajectory.
- This led to a significant decline in Vans' growth, with a 20% loss in the fourth quarter of fiscal 2025, and a subsequent 15.8% drop in VFC's stock price on May 21, 2025.
- Investors who suffered losses exceeding $50,000 between October 30, 2023, and May 20, 2025, are encouraged to contact the firm.
- The deadline to seek the role of lead plaintiff in the federal securities class action is November 12, 2025.
- V.F. Corporation entered into a new $1.50 billion senior secured revolving credit facility on August 26, 2025, replacing its previous Five-Year Revolving Credit Agreement.
- The new Credit Facility, with Wells Fargo Bank as Administrative Agent, has a stated termination date of August 26, 2030.
- It includes subfacilities of up to $100 million for letters of credit and swing-line, and specific subfacilities for Swiss Borrowers ($400 million) and a German Borrower ($75 million).
- The facility also features an uncommitted accordion option, allowing an increase up to $2.00 billion, and its proceeds will be used for refinancing existing debt, funding fees, and for working capital and general corporate purposes.
- VF Corp reported Q1 Fiscal Year 2026 revenue of $1.8 billion, which was flat on a reported basis and down 2% in constant dollars, exceeding their guidance.
- The company delivered a stronger bottom line, with an adjusted loss per share of $0.24, an improvement from $0.35 in the prior year's quarter and approximately $50 million ahead of the high end of their guidance.
- Gross margin increased by 200 basis points to 54.1%, and operating margin improved by 270 basis points to negative 3.2% year-over-year, reflecting ongoing transformation efforts.
- While Vans revenue decreased by 15%, The North Face grew 5% and Timberland grew 9% in Q1 2026. For Q2 2026, revenue is expected to be down 2% to 4% in constant dollars.
- VF Corp anticipates operating income and free cash flow to be up year-over-year for fiscal 2026, despite an estimated $60 million to $70 million negative net impact to gross profit from tariffs. The company remains on track to reduce leverage to 2.5 times by fiscal 2028.
- V.F. Corporation has filed an 8‑K on April 3, 2025, detailing the appointment of Abhishek Dalmia as Executive Vice President and Chief Operating Officer, effective immediately.
- Mr. Dalmia, 47, has an extensive background in digital and e-commerce roles at companies such as lululemon, Dell, and Boston Consulting Group, reinforcing the company's focus on transformation and digital technology.
- His compensation package includes a base salary of $800,000, a target bonus of 110% of his base salary, and a long‑term incentive opportunity of $3,000,000 for fiscal 2026.