NYSE$VFC

VF Corp · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

VF Corporation reported fiscal Q2 2026 revenue of $2.8B with income from continuing operations of $189.8M and diluted EPS of $0.48.

Revenue increased 2% to $2.8 billion including a favorable currency impact. Income from continuing operations was $189.8 million ($0.48 diluted EPS) as Reinvent cost savings and Outdoor segment growth partially offset Active segment declines.

  • Fiscal Q2 revenue $2.8B (+2% YoY).
  • Income from continuing operations $189.8M.
  • Outdoor revenue +6%; Active revenue -8%.
  • Reinvent program targets $500M–$600M NOI expansion by fiscal 2028.

Headline financials

Total Revenue

$2.8B

Previous: $2.76B+1.6%
EPS (adj)

$0.48

Previous: $0.60-20.0%
Adjusted OM ex Dickies

11.8%

No prior period
Operating Margin

11.2%

No prior period
Adjusted OI ex Dickies

$330M

No prior period
Gross Margin

52.2%

No prior period
Capital Expenditures

-$54.8M

Previous: -$46M-19.2%
Free Cash Flow

$135M

Previous: $6.23M+2068.7%
Net Income

$190M

Previous: $52.2M+263.7%
Operating Income

$313M

Previous: $274M+14.1%
Gross Profit

$1.46B

Previous: $1.44B+1.5%
Cash & Equivalents

$419M

Previous: $492M-14.8%
Total Assets

$10.6B

Previous: $12.2B-12.9%

Revenue & EPS history

VF Corp · Revenue · Quarterly

$2.8B

Q2 2026+1.6%vs Q2 2025
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 release discusses VF Corporation's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • VF Corporation cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

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 Q2 2026

Historical avgQ2 2026

-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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