NYSE$VFC

VF Corp · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported a revenue decline of 9% and adjusted loss per share of $(0.33). The company is on track with its cost savings targets and balance sheet improvements.

VF Corporation reported its Q1 FY25 results, showing a revenue of $1.9 billion, down 9% year-over-year. The company's loss per share was $(0.67), with an adjusted loss per share of $(0.33). VF is progressing with its Reinvent transformation plan, aiming for targeted cost savings and balance sheet improvements, including the sale of Supreme.

  • Revenue decreased by 9% to $1.9 billion, or 8% in constant dollars.
  • The North Face® sales were down 3%, while global brand DTC increased by 6%.
  • Vans® sales decreased by 21%, showing a slight improvement compared to the previous quarter.
  • The company reiterates guidance for free cash flow plus the proceeds from non-core physical asset sales of approximately $600 million.

Headline financials

Total Revenue

$1.91B

Previous: $2.09B-8.6%
EPS (adj)

-$0.33

Previous: -$0.15-120.0%
Capital Expenditures

-$25.2M

Previous: -$61.8M+59.2%
Free Cash Flow

-$284M

Previous: -$119M-138.3%
Net Income

-$259M

Previous: -$57.4M-350.8%
Operating Income

-$240M

Previous: -$8.99M-2567.8%
Gross Profit

$992M

Previous: $1.1B-9.9%
Cash & Equivalents

$637M

Previous: $807M-21.0%
Total Assets

$11.5B

Previous: $14B-17.8%
Stock-Based Comp

$14.7M

Previous: $15.8M-7.1%

Revenue & EPS history

VF Corp · Revenue · Quarterly

$1.91B

Q1 2025-8.6%vs Q1 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

VF Corp · $2.17B total across 3 segments · Q4 2026

  • Outdoor
    $1.34B
  • Active
    $589M
  • All Other
    $238M

Forward guidance

The company reiterates guidance for free cash flow plus the proceeds from non-core physical asset sales of approximately $600 million, excluding the impact of the divestiture of Supreme.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-1.5%

Avg return

Earnings day

-2.6%

Avg return

5 days after

+0.6%

Avg return

30 days after

32%

22 / 69 earnings

Positive

+29.3%

Q2 2025

Best reaction

-15.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-3.2%-0.2%+3.5%
Q3 2026-5.5%+1.1%-4.2%
Q2 2026-12.4%-15.5%+4.0%
Q1 2026+2.4%+1.5%+22.0%
Q4 2025-15.9%-16.8%-18.8%
Q3 2025-3.9%-7.4%-6.2%
Q2 2025+29.3%+25.8%+21.7%
Q1 2025+9.5%+8.3%+11.0%
Q4 2024-3.9%-1.0%+14.8%
Q3 2024-7.4%-7.4%-2.7%
Q2 2024-12.8%-8.3%+1.4%
Q1 2024-3.8%-2.1%-0.3%
Q4 2023-6.2%-7.7%-3.2%
Q3 2023-0.8%-8.3%-19.7%
Q2 2023-4.2%-1.3%+19.9%
Q1 2023-4.7%-5.4%-12.2%
Q4 2022+2.9%-1.0%-0.6%
Q3 2022-3.2%-3.0%-12.9%
Q2 2022-4.5%-4.4%+2.6%
Q1 2022-3.2%-6.2%-9.4%
Q4 2021-9.7%-6.6%-6.1%
Q3 2021-6.8%-7.6%-7.0%
Q2 2021-6.7%-6.4%+2.3%
Q1 2021-1.1%+2.4%+12.3%
Q4 2020+1.8%+1.0%+10.5%
Q3 2020-10.6%-11.6%-11.5%
Q2 2020-8.1%-9.3%-4.7%
Q1 2020+1.2%+0.1%-11.2%
Q4 2019-3.0%-3.1%+1.9%
Q3 2019+11.6%+13.1%+18.6%
Q2 2019-10.9%-11.4%-5.5%
Q2 2018+1.8%-0.7%-5.5%
Q1 2018-2.5%-0.4%+3.7%
Q4 2017-12.4%-11.2%-10.1%
Q3 2017+7.3%+6.8%+10.5%
Q2 2017+4.1%+5.5%+6.7%
Q1 2017-8.5%-7.6%-7.2%
Q4 2016+4.1%+6.2%+7.1%
Q3 2016-2.9%-0.6%+4.6%
Q2 2016-1.0%-2.3%+2.6%
Q1 2016+3.2%
Q4 2015+0.4%
Q3 2015-10.0%
Q2 2015-1.0%
Q1 2015-1.6%
Q4 2014+6.2%
Q3 2014+4.6%
Q2 2014-1.4%
Q1 2014+1.2%
Q4 2013-5.7%
Q3 2013+3.5%
Q2 2013-2.3%
Q1 2013-2.2%
Q4 2012+6.9%
Q3 2012-6.7%
Q2 2012+6.1%
Q1 2012-1.3%
Q4 2011-0.1%
Q3 2011+3.9%
Q2 2011+0.1%
Q1 2011+0.2%
Q1 2010+0.0%
Q4 2010-0.1%
Q4 2007-0.1%
Q3 2009-0.6%
Q3 2010-0.6%
Q4 2009-0.8%
Q2 2010-0.8%
Q2 2009-0.8%

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