VF Corporation Exceeds Guidance in Second Quarter Fiscal 2027
Business Wire•28/10/2026•06:00 ET
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Key Highlights
- ➤Adjusted Q2 operating income $364M, above approximately $315M guidance
- ➤Q2 revenue $2.695B, down 4% reported but up 1% excluding Dickies
- ➤Gross margin 55.4%, up 320 basis points year over year
- ➤FY27 guidance reaffirmed: revenue +2% or better and adjusted margin approximately 8%
- ➤Net debt down $1.1B, or 20%, year over year
Expert Statements
Bracken Darrell, President and CEO of VF Corporation
“We drove strong results in the second quarter, ahead of guidance across key metrics, as a result of great product and solid execution.”
Bracken Darrell, President and CEO of VF Corporation
“The North Face(®) and Timberland(®) continued to deliver consistent growth, and Altra(®) grew more than 40%, all powered by bold product design and innovation and brand storytelling that are resonating with our consumers.”
Bracken Darrell, President and CEO of VF Corporation
“Our plan to reignite Vans(®) is working – global DTC is growing again for the first time in almost five years, and strong orders from Wholesale partners continue to give us confidence of a second half improvement.”
Bracken Darrell, President and CEO of VF Corporation
“We are delivering sustainable and profitable growth on our path to achieve our full-year guidance and medium-term targets, as the upside potential in our business becomes even more evident.”
VF Corporation Exceeds Guidance in Second Quarter Fiscal 2027
Reports strong operating income performance, with continued gross margin expansion
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