A global apparel and footwear company behind some of the world's most recognizable outdoor and active brands, including The North Face, Vans, Timberland, JanSport, and Smartwool. Founded in 1899 as a glove and mitten maker, the company later took the name VF from Vanity Fair, the lingerie brand it acquired, and grew by snapping up iconic labels. Its JanSport backpack is a familiar sight on school campuses everywhere.
V.F. Corporation shareholders elected all 11 director nominees and approved executive compensation and auditor ratification at the 2026 Annual Meeting.
Advisory vote on named executive officer compensation passed with 255,317,613 votes for and 42,972,157 against.
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At the July 28, 2026 Annual Meeting, shareholders elected all 11 director nominees to serve until the 2027 Annual Meeting.
Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal 2027 passed with 320,023,812 votes for.
Shareholder proposal 'Report on Animal-Derived Materials Policy' failed with 292,492,329 votes against.
Broker non-votes were 50,716,405 for each director election and for proposals 2 and 4.
5.07 Submission of Matters to a Vote of Security Holders
V.F. Corporation appoints Abhishek Dalmia as EVP and CFO, effective August 1, 2026
Abhishek Dalmia will become Executive Vice President and Chief Financial Officer and principal financial officer, effective August 1, 2026, while continuing as Chief Operating Officer.
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Paul Vogel will cease serving as EVP and CFO as of the effective date and will remain in an advisory capacity to assist with the transition.
Mr. Dalmia's target annual bonus opportunity for Fiscal 2027 will increase from 110% to 125% of his annual base salary; other compensation components remain unchanged.
Mr. Vogel's departure is not due to any dispute or disagreement with the company, and he will receive payments and benefits under the company's Severance Plan for Section 16 Officers, subject to a general release of claims.
The company also declared a quarterly dividend of $0.09 per share, payable on September 17, 2026, to shareholders of record on September 10, 2026.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Q4'26 revenue was +1% vs. LY; revenue ex Dickies was +8% vs. LY or +3% C$, ahead of guidance of flat to +2% C$.
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Q4'26 operating income was $62M reported; adjusted OI ex Dickies was $54M, above guidance of $10M to $30M.
Full-year FY'26 revenue was +1% vs. LY; ex Dickies +4% vs. LY or +1% C$.
FY'26 gross margin was 54.8%, up 130 bps vs. LY; adjusted GM ex Dickies was 55.2%, up 110 bps.
FY'27 guidance: revenue +1% to +2% C$ vs. LY, adjusted operating margin approximately 8%, free cash flow flat to up vs. LY of $405M, and FYE'27 leverage ratio of 2.6x to 2.9x.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
V.F. Corporation announces senior leadership changes effective January 28, 2026
Brent Hyder, EVP, Chief People Officer and President, Americas, will become Chief Commercial Officer effective January 28, 2026.
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Brent Hyder will no longer serve as Chief People Officer as of the same date.
Martino Scabbia Guerrini, previous Chief Commercial Officer and President, Emerging Brands, is no longer serving in those roles as of January 28, 2026.
Martino Scabbia Guerrini will serve as a senior advisor to V.F. Corporation's Chief Executive Officer.
The changes are part of a planned transition in senior leadership.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
VF Corporation completes sale of Dickies brand to Bluestar Alliance for $600 million cash.
VF and Bluestar Alliance issued a joint press release announcing the closing, which is attached as Exhibit 99.1.
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On November 12, 2025, V.F. Corporation completed the sale of its Dickies brand to Bluestar Alliance LLC for $600.0 million in cash, subject to customary adjustments.
VF provided supplemental financial information (Exhibit 99.2) showing historical quarterly and annual results for fiscal 2025 and the first two quarters of fiscal 2026, on a GAAP, adjusted, and adjusted-excluding-Dickies basis.
The sale does not qualify as a discontinued operation because it does not represent a strategic shift with a major effect on VF's operations and financial results.
The report was furnished under Item 7.01 Regulation FD Disclosure to provide investors with supplemental financial information regarding VF's ongoing business trends post-divestiture.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
V.F. Corporation reports Q2 FY2026 revenue of $2.8B, up 2% vs. LY, adjusted EPS $0.52.
Q2 FY2026 revenue was $2.8 billion, up 2% vs. LY or (1%) in constant dollars, above guidance of (4%) to (2%) C$.
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Adjusted operating income was $330 million, above guidance of $260M to $290M, with adjusted operating margin of 11.8%, up 40 bps vs. LY.
GAAP EPS was $0.48 vs. $0.52 in the prior year; adjusted EPS was $0.52 vs. $0.60.
The North Face and Timberland grew 6% and 7% vs. LY respectively; Vans declined 9% vs. LY, sequentially improved.
Company declared quarterly dividend of $0.09 per share, payable December 18, 2025; Dickies sale to Bluestar Alliance for $600 million expected to close in Q3'26.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits