VF Corp Q2 FY2026 revenue $2.8B, +2% vs LY; beats guidance; announces Dickies sale for $600M

V F CORP

2026-Q2 EPS reported $0.19 revenue$4,563,372,000

Revenue $2.8B, +2% vs LY or -1% constant currency; above guidance of (4%) to (2%) constant currency.
Adjusted operating income $330M, above guidance of $260-290M; operating margin 11.8% (+40bps vs LY).
The North Face +6%, Timberland +7%, Vans (9%) sequentially improved; broad-based DTC and Wholesale strength.
Announced sale of Dickies to Bluestar Alliance for $600M; proceeds to pay down debt; expected close in Q3 FY2026.
Dividend of $0.09 per share declared; net debt down $1.5B or 21% vs LY.

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