secwatch / observer

V F CORP — fact timeline

Source-grounded facts extracted from V F CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

VFC V F CORP JSON
Earnings Releases

V F CORP reported financial results for the fourth quarter and full year of Fiscal 2026.

“On May 20, 2026, V.F. Corporation (the “Company”) released its financial results for the fourth quarter and full year of Fiscal 2026 within a presentation on its website and an accompanying press release.”
Debt Financings

V F CORP incurred revolving credit of $1.50 billion with Wells Fargo Bank, National Association at Term SOFR plus the applicable margin maturing August 26, 2030.

“the Company’s previous Five-Year Revolving Credit Agreement, dated November 24, 2021 (as amended, the “Terminated Agreement”). The Credit Agreement provides the Company with a $1.50 billion senior secured revolving credit facility (the “Credit Facility”), subject to a borrowing base that is composed of eligible credit card receivables, eligible wholesale”

Bryan H. McNeill resigned as Vice President, Chief Accounting Officer at V F CORP.

“Bryan H. McNeill, who currently serves as Vice President, Chief Accounting Officer of the Company, notified the Company on May 27, 2025 of his retirement after nearly 30 years of service with the Company.”

Michael E. Phillips was appointed as Vice President, Chief Accounting Officer at V F CORP.

“The Board of Directors of V.F. Corporation (the “Company”) appointed Michael E. Phillips as Vice President, Chief Accounting Officer of the Company, effective as of June 1, 2025”

Abhishek Dalmia was appointed as Executive Vice President and Chief Operating Officer at V F CORP.

“The Board of Directors of V.F. Corporation (the “Company”) has appointed Abhishek Dalmia to the role of Executive Vice President and Chief Operating Officer and principal operating officer, effective as of April 3, 2025.”

W. Rodney McMullen resigned as Director at V F CORP.

“On March 26, 2025, upon the recommendation of the Governance and Corporate Responsibility Committee of the Board of Directors (the “Board”) of V.F. Corporation (the “Company”), the Board accepted W. Rodney McMullen’s offer of resignation from the Board and reduced the size of the Board to twelve directors, each effective immediately.”
M&A Transactions

V F CORP completed a disposition involving EssilorLuxottica S.A. for $1.5 billion (closed 2024-10-01).

“Agreement"), dated July 16, 2024, between the Company and EssilorLuxottica S.A. ("Buyer"). Pursuant to the Purchase Agreement, VF agreed to sell Supreme to the Buyer for $1.5 billion, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as set forth in the Purchase Agreement. The Company expects to receive net cash”
M&A Transactions

V F CORP completed a disposition involving EssilorLuxottica S.A. for $1,500,000,000 (closed 2024-10-01).

“Purchase Agreement (the “ Purchase Agreement ”), dated as of July 16, 2024, between VF and Buyer (the “ Disposition ”). Buyer paid to VF an aggregate base purchase price of $1,500,000,000, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as more fully set forth in the Purchase Agreement. VF will prepay certain”

Kirk C. Tanner was elected as Director at V F CORP.

“On May 30, 2024, the Board, upon the recommendation of the Governance and Corporate Responsibility Committee of the Board (the “Governance Committee”), increased the size of the Board to fourteen members and elected Mindy F. Grossman, age 66, and Kirk C. Tanner, age 56, as directors, effective May 30, 2024, to serve until VF’s 2024 annual meeting of shareholders.”

Mindy F. Grossman was elected as Director at V F CORP.

“On May 30, 2024, the Board, upon the recommendation of the Governance and Corporate Responsibility Committee of the Board (the “Governance Committee”), increased the size of the Board to fourteen members and elected Mindy F. Grossman, age 66, and Kirk C. Tanner, age 56, as directors, effective May 30, 2024, to serve until VF’s 2024 annual meeting of shareholders.”

Nicole Otto departed as Global Brand President, The North Face at V F CORP.

“On May 29, 2024, the Company and Nicole Otto, Global Brand President, The North Face ® , agreed that Ms. Otto would depart from the Company, effective as of June 14, 2024.”

Caroline T. Brown resigned as Director at V F CORP.

“On May 29, 2024, Caroline T. Brown tendered her resignation from the Board of Directors (the “Board”) of V. F. Corporation (the “Company”), effective May 29, 2024, due to her acceptance of employment with the Company.”

Matthew Puckett resigned as Executive Vice President and Chief Financial Officer at V F CORP.

“Matthew Puckett will continue to serve as the Company’s Executive Vice President and Chief Financial Officer and principal financial officer until the Effective Date.”

Paul Vogel was appointed as Executive Vice President and Chief Financial Officer at V F CORP.

“On May 22, 2024, V. F. Corporation (the “Company”) announced the appointment of Paul Vogel as Executive Vice President and Chief Financial Officer and principal financial officer, effective as of July 8, 2024”
Material Agreements

V F CORP amended Revolver Amendment valued at $2.25 billion (effective 2024-04-25).

“On April 25, 2024, (the “Amendment Effective Date”), V.F. Corporation (the “Company” or “VF”) entered into an amendment (the “Revolver Amendment”) to its $2.25 billion senior unsecured revolving credit facility that expires November 2026 (the “Revolver Agreement”).”

Caroline Tulenko Brown was elected as director at V F CORP.

“increased the size of the Board to thirteen members and elected Caroline Tulenko Brown, age 55, as a director, effective February 14, 2024”

Matthew Puckett departed as Executive Vice President and Chief Financial Officer at V F CORP.

“On February 2, 2024, V. F. Corporation (the “Company”) and Matthew Puckett, the Company’s Executive Vice President and Chief Financial Officer, determined that Mr. Puckett would depart from the Company, effective as of a date to be agreed upon by the Company and Mr. Puckett.”
Earnings Releases

V F CORP reported third quarter fiscal 2024 ended December 30, 2023 results: revenue $3.0 billion. Guidance reaffirmed.

“we approach the end of this fiscal year, my confidence in VF’s future is rising." Q3'FY24 Financial and Operating Highlights Revenue down 16% (down 17% in constant dollars) to $3.0 billion The quarter was negatively impacted by a shift in timing of wholesale deliveries, which was most pronounced for The North Face ® and the EMEA region Loss per share $(0.11) versus”
Cybersecurity Incidents

V F CORP disclosed a cybersecurity incident: Unauthorized occurrences on a portion of its IT systems, theft of personal data of approximately 35.5 million individual consumers. Impact: Disruption to operations including interrupted replenishment of retail store inventory and delayed order fulfillment; impacts are no longer ongoing and are not material to financial condition and results of operations. Company determined it not material. Discovered 2023-12-13.

“As of the date of this Amendment, VF also believes the impacts of the cyber incident are not material and are not reasonably likely to be material to its financial condition and results of operations.”
Cybersecurity Incidents

V F CORP disclosed a cybersecurity incident: Unauthorized occurrences detected on IT systems, threat actor encrypted some IT systems and stole data including personal data. Impact: Has had and is reasonably likely to continue to have a material impact on business operations; not yet determined whether reasonably likely to materially impact financial condition or results of operations. Materiality is still being assessed. Discovered 2023-12-13.

“The Company has not yet determined whether the incident is reasonably likely to materially impact the Company’s financial condition or results of operations.”
Earnings Releases

V F CORP reported financial results for second quarter (Q2'FY24) ended September 30, 2023.

“On October 30, 2023, V.F. Corporation issued a press release setting forth its second quarter fiscal 2024 earnings.”

Martino Scabbia Guerrini changed role as Executive Vice President, Chief Commercial Officer and President, Emerging Brands at V F CORP.

“On October 30, 2023, V. F. Corporation (the “Company”) announced the promotion of Martino Scabbia Guerrini, previously Executive Vice President and President, EMEA (Europe, Middle East, Africa), APAC (Asia Pacific) and Emerging Brands, to the position of Executive Vice President, Chief Commercial Officer and President, Emerging Brands, effective October 16, 2023.”

Trevor A. Edwards was elected as Director at V F CORP.

“On October 22, 2023, the Board of Directors (the “Board”) of VF Corporation (“VF” or the “Company”), upon the recommendation of the Governance and Corporate Responsibility Committee of the Board (the “Governance Committee”), increased the size of the Board to twelve members and elected Trevor A. Edwards as a director, effective immediately, to serve until VF’s 2024 annual meeting of shareholders.”
Earnings Releases

V F CORP reported Q1 FY2024 results: revenue $2.1 billion, EPS $(0.15). Guidance reaffirmed.

“VF Corporation Reports First Quarter Results and Maintains FY24 Earnings Outlook DENVER--(BUSINESS WIRE)--August 1, 2023--VF Corporation (NYSE: VFC) today announced financial results for its first quarter (Q1'FY24) ended July 1, 2023. Q1'FY24 Financial Highlights Revenue down 8% to $2.1 billion Loss per share down 2% to $(0.15); adjusted loss per share $(0.15) vs. Q1'FY23 adjusted earnings per share $0.09”
Shareholder Votes

V F CORP shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2024 at the 2023-07-25 meeting.

“4. With respect to the proposal to ratify the selection of PricewaterhouseCoopers LLP as VF’s independent registered public accounting firm for the 2024 fiscal year, the votes were cast for the proposal as set forth below:”
Shareholder Votes

V F CORP shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-07-25 meeting.

“3. With respect to the advisory vote on the frequency of future advisory votes on executive compensation, the votes were cast for the proposal as set forth below:”
Shareholder Votes

V F CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2023-07-25 meeting.

“2. With respect to the advisory vote to approve named executive officer compensation, the votes were cast for the proposal as set forth below:”
Shareholder Votes

V F CORP shareholders approved Election of ten nominees as directors at the 2023-07-25 meeting.

“1. With respect to the election of the nominees as directors of VF, each of the ten nominees were elected based on the votes cast as set forth opposite their names below:”

Benno Dorer departed as Interim President and Chief Executive Officer at V F CORP.

“Mr. Darrell will replace Benno Dorer, who has been serving as the Company’s Interim President and Chief Executive Officer”

Richard Carucci was appointed as Independent Chair of the Board at V F CORP.

“the Board also approved the appointment of Richard Carucci, a member of the Board since 2009, as independent Chair of the Board, effective immediately”

Bracken Darrell was appointed as Member of the Board at V F CORP.

“the Board approved an increase in the size of the Board by one and the appointment of Mr. Darrell as a member of the Board and as an ex officio member of the Finance Committee of the Board, all effective as of August 1, 2023”

Bracken Darrell was appointed as President and Chief Executive Officer at V F CORP.

“approved the appointment of Bracken Darrell as President and Chief Executive Officer of the Company, effective as of July 17, 2023”
Earnings Releases

V F CORP reported FY24 results: EPS $2.05 to $2.25. Guidance initiated.

“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”
Earnings Releases

V F CORP reported FY23 results: revenue $11.6 billion, EPS $0.31.

“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”
Earnings Releases

V F CORP reported Q4'FY23 results: revenue $2.7 billion, EPS $(0.55).

“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”
Debt Financings

V F CORP amended term loan of $1.0 billion maturing December 2024.

“On the Amendment Effective Date, the Company entered into an amendment to its $1.0 billion delayed draw Term Loan Agreement that expires December 2024 (the “DDTL Amendment”).”
Debt Financings

V F CORP amended revolving credit of $2.25 billion maturing November 2026.

“On February 16, 2023 (the “Amendment Effective Date”), V.F. Corporation (the “Company” or “VF”) entered into an amendment (the “Revolver Amendment”) to its $2.25 billion senior unsecured revolving credit facility that expires November 2026.”
Material Agreements

V F CORP amended DDTL Amendment (effective 2023-02-16).

“the Company entered into an amendment to its $1.0 billion delayed draw Term Loan Agreement that expires December 2024 (the “DDTL Amendment”).”
Material Agreements

V F CORP amended Revolver Amendment (effective 2023-02-16).

“V.F. Corporation (the “Company” or “VF”) entered into an amendment (the “Revolver Amendment”) to its $2.25 billion senior unsecured revolving credit facility that expires November 2026.”
Earnings Releases

V F CORP reported third quarter (Q3'FY23) ended December 31, 2022 results: revenue $3.5 billion, EPS $1.31. Guidance reaffirmed.

“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”
Governance Changes

V F CORP: Amended and restated By-Laws to address Rule 14a-19, update director nomination procedures, provide outside date for shareholder nominations, align with Pennsylvania law, and make ministerial updates (effective 2023-01-24).

“On January 24, 2023, the Board of Directors (the “Board”) of V.F. Corporation (the “Company”) amended and restated the Company’s Amended and Restated By-Laws (as amended and restated, the “By-Laws”), effective immediately. The amendments effected by the By-Laws: • address Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended, and include updates to the procedural and information requirements for the nomination of directors; • provide an outside date for the submission window for shareholders to nominate directors (other than pursuant to the proxy access provisions of the Company’s By-Laws); • reflect recent amendments to, and align certain provisions with, the Pennsylvania Business Corporation Law; and • make various other updates, including ministerial and conforming changes, such as changes in furtherance of gender neutrality.”

Richard Carucci was appointed as Interim Chairman of the Board at V F CORP.

“Richard Carucci, a member of the Board since 2009, was appointed as Interim Chairman of the Board on the same date, effective immediately.”

Benno Dorer was appointed as Interim President and Chief Executive Officer at V F CORP.

“On December 2, 2022, the Board of Directors (the “Board”) of V. F. Corporation (the “Company”) appointed Benno Dorer, a member of the Board, as Interim President and Chief Executive Officer of the Company, effective immediately.”

Steven E. Rendle retired as President and Chief Executive Officer and Chairman of the Board at V F CORP.

“Steven E. Rendle, who, by mutual agreement with the Board, retired as President and Chief Executive Officer of the Company and Chairman of the Board on the same date, effective immediately.”

Alex Cho was elected as Director at V F CORP.

“On June 9, 2022, the Board of Directors (the “Board”) of VF Corporation (“VF”) increased the size of the Board to twelve members and elected Alex Cho as a director, effective immediately”

Nicole Otto was appointed as Global Brand President of The North Face at V F CORP.

“the appointment of Nicole Otto to succeed Mr. Murray as Global Brand President of The North Face.”

Stephen M. Murray departed as Global Brand President of The North Face at V F CORP.

“Stephen M. Murray, Global Brand President of The North Face, notified V.F. Corporation (the “Company”) of his decision to retire from the Company effective June 30, 2022.”

Veronica B. Wu departed as Member of the Board of Directors at V F CORP.

“On September 6, 2021, Veronica B. Wu, a member of the Board of Directors (the “Board”) of V.F. Corporation (“VF”), informed VF of her decision to step down from the Board, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.