Overview
VF Corp fiscal Q2 revenue grows 2% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q2 beats consensus, driven by strong back-to-school sales
Company announces pending sale of Dickies for $600 mln to enhance investment capacity
Outlook
Company expects Q3 2026 revenue to decline 1% to 3% in constant currency
VF Corp forecasts Q3 2026 adjusted operating income of $275M to $305M
Company anticipates FY26 free cash flow to increase despite tariff impacts
Result Drivers
BRAND GROWTH - The North Face and Timberland brands grew 6% and 7% respectively, contributing to revenue growth
BACK-TO-SCHOOL SALES - Better-than-expected back-to-school results and early wholesale demand boosted Q2 revenue
DICKIES SALE - Pending sale of Dickies for $600 mln to enhance investment capacity and drive shareholder returns
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $2.80 bln | $2.73 bln (19 Analysts) |
Q2 Adjusted EPS | Beat | $0.52 | $0.42 (19 Analysts) |
Q2 EPS | $0.48 |
Press Release: ID:nBw3jXrKya
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)