Sector: Consumer Cyclicals | Industry: Apparel & Accessories |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1551 Wewatta Street DENVER CO 80202 |
Tel: | N/A |
Website: | https://www.vfc.com |
IR: | See website |
Key People | ||
Bracken P. Darrell President, Chief Executive Officer, Director | Matthew H. Puckett Chief Financial Officer, Executive Vice President | Kevin D. Bailey Global Brand President, Vans |
Nicole Otto Global Brand President of The North Face | Brent Hyder Chief People Officer | Jennifer S. Sim Executive Vice President, General Counsel, Secretary |
Martino Scabbia Guerrini Executive Vice President, Chief Commercial Officer and President, Emerging Brands | Bryan H. McNeill Vice President - Controller, Chief Accounting Officer |
Business Overview |
V.F. Corporation is an apparel, footwear, and accessories company. The Company owns a broad portfolio of brands in the outerwear, footwear, apparel, backpack, luggage, and accessories categories. Its brands include Vans, The North Face, Timberland, and Dickies. The Company operates through three segments: Outdoor segment, Active segment, and Work segment. The Outdoor segment's product offerings include performance-based and outdoor apparel, footwear and equipment. The Active segment's product offerings include active apparel, footwear, backpacks, luggage and accessories. Its Work segment consists of work and work-inspired lifestyle brands with product offerings that include apparel, footwear and accessories. Its brands include Dickies, and Timberland PRO. The Company's direct-to-consumer business includes VF-operated retail stores, brand e-commerce sites, concession retail locations and other digital platforms. |
Financial Overview |
For the 39 weeks ended 30 December 2023, VF Corp revenues decreased 9% to $8.08B. Net income before extraordinary items decreased 40% to $143M. Revenues reflect Active segment decrease of 17% to $3.15B, Work segment decrease of 16% to $651.2M, Retail Sales-Active decrease of 14% to $2.43B. Net income also reflects Active segment income decrease of 35% to $351.8M, Outdoor segment income decrease of 17% to $557.8M. |
Employees: | 19,800 as of Apr 1, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $10,146M as of Dec 30, 2023 |
Annual revenue (TTM): | $10,820M as of Dec 30, 2023 |
EBITDA (TTM): | $1,084M as of Dec 30, 2023 |
Net annual income (TTM): | -$71.84M as of Dec 30, 2023 |
Free cash flow (TTM): | $670.66M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | $5,220M as of Dec 30, 2023 |
Shares outstanding: | 388,815,956 as of Jan 27, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |