---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-247066"
form_type: "8-K"
ticker: "VFC"
cik: "0000103379"
company_name: "V F CORP"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T07:56:41.321997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# VF Corp sets FY2028 targets: adj. op. margin >=10%, gross margin >=55%, net leverage <=2.5x

## Summary
- Medium-term (FY2028) targets: adj. operating margin ≥10%, adj. gross margin ≥55%, adj. SG&A ≤45% of revenue.
- Net leverage target of 2.5x or below; prioritizes debt reduction and free cash flow generation.
- Strategy pillars include multi-brand performance portfolio, scalable capabilities (AI, design, marketing), and optimal P&L structure.
- Remains committed to quarterly cash dividend, subject to Board approval.
- Investor Day Part 1 held Oct 30, 2024; Part 2 to be held at a later date.

## SEC filing metadata
- accession: 0001193125-24-247066
- form_type: 8-K
- ticker: VFC
- cik: 0000103379
- company_name: V F CORP
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103379/000119312524247066/0001193125-24-247066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103379/000119312524247066/d868070d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-247066
- JSON: https://secwatch.observer/filing/0001193125-24-247066.json
- Plain text: https://secwatch.observer/filing/0001193125-24-247066.txt

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