---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000902"
form_type: "8-K"
ticker: "VFC"
cik: "0000103379"
company_name: "V F CORP"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T16:56:18.712689+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# VFC Q4 rev $2.7B (-3%), GAAP loss $0.55/sh; Vans -14%, North Face +12%

## Summary
- Q4 GAAP EPS $(0.55) vs $0.21 YoY; adjusted EPS $0.17 vs $0.45.
- Revenue $2.7B (-3% reported, flat constant currency); FY23 rev $11.6B (-2%).
- Vans revenue down 14% (-12% cc); The North Face up 12% (16% cc).
- Inventory up 62% YoY; board declares $0.30/shr dividend payable June 20.
- FY24 outlook: EPS $2.05-$2.25; revenue flat to slight in constant currency.

## SEC filing metadata
- accession: 0001157523-23-000902
- form_type: 8-K
- ticker: VFC
- cik: 0000103379
- company_name: V F CORP
- filed_at: 2023-05-23T23:59:59+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/103379/000115752323000902/0001157523-23-000902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103379/000115752323000902/a53404817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000902
- JSON: https://secwatch.observer/filing/0001157523-23-000902.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000902.txt

## Key facts
- Earnings Releases
  V F CORP reported FY24 results: EPS $2.05 to $2.25. Guidance initiated.
  - Period: FY24
  - EPS: $2.05 to $2.25
  - Guidance: initiated
  - Result: guidance update
  source text: FY24 Financial Outlook Total VF revenue flat to up slightly in constant dollars, including Q1'FY24 revenue down high-single digits in constant dollars reflecting a challenging US Wholesale environment Gross margin up at least 100 basis points, benefiting from a lower promotional environment across the marketplace Operating margin expansion, driven by the higher gross margins supporting modest increases in SG&A EPS of $2.05 to $2.25
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000115752323000902/0001157523-23-000902-index.htm
- Earnings Releases
  V F CORP reported FY23 results: revenue $11.6 billion, EPS $0.31.
  - Period: FY23
  - Revenue: $11.6 billion
  - EPS: $0.31
  - Result: reported results
  source text: FY23 Financial Highlights Revenue $11.6 billion, down 2% (up 3% in constant dollars) EPS $0.31 vs. FY22 $3.10; Adjusted EPS $2.10 vs. FY22 $3.18
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000115752323000902/0001157523-23-000902-index.htm
- Earnings Releases
  V F CORP reported Q4'FY23 results: revenue $2.7 billion, EPS $(0.55).
  - Period: Q4'FY23
  - Revenue: $2.7 billion
  - EPS: $(0.55)
  - Result: reported results
  source text: Q4'FY23 Financial Highlights Revenue $2.7 billion, down 3% (flat in constant dollars) Earnings (loss) per share (EPS) $(0.55) vs. Q4'FY22 $0.21; Adjusted EPS $0.17 vs. Q4'FY22 $0.45
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000115752323000902/0001157523-23-000902-index.htm

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