earnings
confidence high
sentiment neutral
materiality 0.75
VF Q4 FY2025: revenue down 5%, adj. operating income $22M beats guidance, net debt down $1.8B
V F CORP
2025-FY EPS
reported -$0.48
vs consensus $0.46
▼ miss
(-205.4%)
- Q4 revenue $2.1B, -5% YoY (-3% C$); The North Face +4% C$, Vans -20% C$.
- Adjusted operating income $22M (vs guidance $(30)M-$0M); adjusted EPS $(0.13) vs $(0.30) LY.
- Gross margin 53.4% (+560bps) driven by cost tailwinds and lower promotions.
- FY2025 net debt down $1.8B to $4.9B; leverage 4.1x, down one full turn YoY.
- Declared $0.09/share quarterly dividend payable June 18, record June 10.