NYSE$VFC
VF Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
VF Corporation reported a decrease in revenue and earnings per share for the fourth quarter of fiscal year 2020, impacted by COVID-19.
VF Corporation's Q4 fiscal 2020 results were significantly impacted by the COVID-19 outbreak, leading to an 11% decrease in revenue and a reported loss per share of $1.22. The company has taken several measures to preserve liquidity and manage its global business operations during the crisis.
- Revenue decreased 11% to $2.1 billion due to lower consumer demand from COVID-19.
- Gross margin decreased 150 basis points to 53.1% due to promotional activity.
- Operating loss was $(257) million on a reported basis.
- Earnings per share was $(1.22) on a reported basis and $0.10 on an adjusted basis.
Headline financials
Revenue & EPS history
VF Corp · Revenue · Quarterly
$2.1B
Revenue by segment
VF Corp · $1.88B total across 2 segments · Q4 2020
- Active$1.03B—54.9%
- Outdoor$848M—45.1%
Forward guidance
Due to the uncertainty of the duration and severity of COVID-19, governmental actions and regulations in response to the pandemic and the speed with which the pandemic is developing and impacting VF, its consumers, customers and suppliers, it is not possible to provide a financial outlook for full-year fiscal 2021 at this time.
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 Q4 2020
-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
| Quarter | Report date | Reaction (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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