---
schema_version: "secwatch.filing_event.v1"
accession: "0000103379-24-000024"
form_type: "8-K"
ticker: "VFC"
cik: "0000103379"
company_name: "V F CORP"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:04:58.365235+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VF Corp completes Supreme sale to EssilorLuxottica for $1.5B; expects ~$1.475B net proceeds

## Summary
- Sold Supreme to EssilorLuxottica for $1.5B on October 1, 2024; net cash proceeds estimated at $1.475B.
- Proceeds will repay delayed draw term loan ($1B), commercial paper ($250M), and partially redeem 2025 notes ($224.3M).
- Supreme classified as discontinued operation; pro forma shows net loss of $147.9M for Q1 FY2025 vs $258.9M reported.
- Pro forma FY2024 net loss widened to $1.01B from $968.9M reported, due to impairment and interest adjustments.
- Transition services agreement entered with EssilorLuxottica for post-closing services.

## SEC filing metadata
- accession: 0000103379-24-000024
- form_type: 8-K
- ticker: VFC
- cik: 0000103379
- company_name: V F CORP
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/0000103379-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/vfc-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000103379-24-000024
- JSON: https://secwatch.observer/filing/0000103379-24-000024.json
- Plain text: https://secwatch.observer/filing/0000103379-24-000024.txt

## Key facts
- M&A Transactions
  V F CORP completed a disposition involving EssilorLuxottica S.A. for $1.5 billion (closed 2024-10-01).
  - Action: disposition
  - Counterparty: EssilorLuxottica S.A.
  - Consideration: $1.5 billion
  - Closing: 2024-10-01
  source text: Agreement"), dated July 16, 2024, between the Company and EssilorLuxottica S.A. ("Buyer"). Pursuant to the Purchase Agreement, VF agreed to sell Supreme to the Buyer for $1.5 billion, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as set forth in the Purchase Agreement. The Company expects to receive net cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/0000103379-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.