---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000196"
form_type: "8-K"
ticker: "VFC"
cik: "0000103379"
company_name: "V F CORP"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T22:23:05.856260+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VF reports Q3 adjusted EPS $1.12, revenue $3.53B; cuts dividend 41%; lowers margin outlook

## Summary
- GAAP EPS $1.31 (down 1%); Adjusted EPS $1.12 (down 17%); Revenue $3.53B, down 3% (up 3% cc).
- Dividend cut to $0.30/share from $0.51 (41% decrease); payable March 21, 2023.
- Vans revenue down 13% (-9% cc); The North Face up 7% (+13% cc); EMEA constant currency up 10%.
- FY23 outlook: Adj. EPS $2.05-$2.15 reaffirmed; Adj. operating margin ~9.5% (prior ~11%); gross margin down ~200 bps.
- Exploring sale of Global Packs business (Kipling, Eastpak, JanSport); targeting asset sales including European HQ sale-leaseback.

## SEC filing metadata
- accession: 0001157523-23-000196
- form_type: 8-K
- ticker: VFC
- cik: 0000103379
- company_name: V F CORP
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103379/000115752323000196/0001157523-23-000196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103379/000115752323000196/a53304138.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000196
- JSON: https://secwatch.observer/filing/0001157523-23-000196.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000196.txt

## Key facts
- Earnings Releases
  V F CORP reported third quarter (Q3'FY23) ended December 31, 2022 results: revenue $3.5 billion, EPS $1.31. Guidance reaffirmed.
  - Period: third quarter (Q3'FY23) ended December 31, 2022
  - Revenue: $3.5 billion
  - EPS: $1.31
  - Guidance: reaffirmed
  - Result: reported results
  source text: Q3'FY23 Financial Highlights Revenue down 3% (up 3% in constant dollars) to $3.5 billion Earnings per share (EPS) down 1% to $1.31; Adjusted EPS down 17% to $1.12
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000115752323000196/0001157523-23-000196-index.htm

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