other material
confidence high
sentiment neutral
materiality 0.50
VF Corp provides supplemental financials ex-Supreme; reaffirms Q2 FY2025 outlook
V F CORP
- Supplemental historical results for FY2024 and Q1 FY2025 excluding Supreme available on VF's investor relations site.
- Q2 FY2025 outlook unchanged from Aug 6 call; revenue decline expected to improve modestly vs Q1.
- Gross margin expected up slightly; SG&A expected up $25-35M (2-3% YoY) excluding Supreme.
- Higher deleverage expected in Q2 due to revenue decline and SG&A increase relative to prior year.