US’ VF Corp FY25 margins surge as transformation strategy delivers

VF Corporation has reported revenue of $9.5 billion in FY25, down 4 per cent YoY, with adjusted operating income of $556 million, marking a strong recovery from a prior loss. Net debt was cut by $1.8 billion, reducing leverage to 4.1x. The North Face and Timberland grew, while Vans and Dickies declined. VF expects Q1 FY26 revenue to dip 3-5 per cent.

May 22, 2025 - 12:25
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US’ VF Corp FY25 margins surge as transformation strategy delivers
VF Corporation has reported revenue of $9.5 billion in FY25, down 4 per cent YoY, with adjusted operating income of $556 million, marking a strong recovery from a prior loss. Net debt was cut by $1.8 billion, reducing leverage to 4.1x. The North Face and Timberland grew, while Vans and Dickies declined. VF expects Q1 FY26 revenue to dip 3-5 per cent.