OverviewSuggest Edit

VF Corporation is a global company engaged in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products. The company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, and apparel categories. 

Its major brands include: 

TypePublic
Founded1899
HQGreenwood Village, US
Websitevfc.com
Employee Ratings3.4
Culture scoreA

Latest Updates

Employees (est.) (Mar 2019)75,000(+9%)
Job Openings239
Revenue (FY, 2019)$13.8 B(+19%)
Share Price (May 2020)$55.6 (-1%)

Key People/Management at VF Corporation

Steve Rendle

Steve Rendle

Chairman, President and Chief Executive Officer
Scott A. Roe

Scott A. Roe

Executive Vice President & Chief Financial Officer
Kevin Bailey

Kevin Bailey

Executive Vice President and Group President, Asia-Pacific (APAC)
Curt Holtz

Curt Holtz

Executive Vice President & Group President, Workwear
Martino Scabbia Guerrini

Martino Scabbia Guerrini

Executive Vice President and Group President, Europe, Middle East, Africa (EMEA)
Velia Carboni

Velia Carboni

Executive Vice President, Chief Digital and Technology Officer
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VF Corporation Office Locations

VF Corporation has offices in Greenwood Village, Greensboro, Hong Kong and Stabio
Greenwood Village, US (HQ)
8505 E Orchard Rd
Greensboro, US
105 Corporate Center Blvd
Hong Kong, HK
8F-15F, International Trade Tower, 348 Kwun Tong Road, Kwun tong, Kowloon
Stabio, CH
Via Laveggio 5
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VF Corporation Financials and Metrics

VF Corporation Revenue

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VF Corporation's revenue was reported to be $13.85 b in FY, 2019
USD

Revenue (Q3, 2020)

3.4b

Gross profit (Q3, 2020)

1.9b

Gross profit margin (Q3, 2020), %

55.7%

Net income (Q3, 2020)

465.0m

EBIT (Q3, 2020)

578.8m

Market capitalization (22-May-2020)

22.0b

Closing stock price (22-May-2020)

55.6

Cash (28-Dec-2019)

584.0m

EV

24.6b
VF Corporation's current market capitalization is $22 b.
Annual
USDFY, 2016FY, 2017FY, 2019

Revenue

11.0b11.7b13.8b

Revenue growth, %

6%

Cost of goods sold

5.6b5.8b6.8b

Gross profit

5.4b5.9b7.0b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.6b2.4b3.5b3.0b2.8b3.9b3.9b2.3b3.4b3.4b

Cost of goods sold

1.3b1.2b1.8b1.5b1.4b2.0b1.9b1.0b1.6b1.5b

Gross profit

1.3b1.2b1.7b1.5b1.4b2.0b2.0b1.2b1.8b1.9b

Gross profit Margin, %

50%50%50%51%50%50%52%54%53%56%
Annual
USDFY, 2016FY, 2017FY, 2019

Cash

1.2b566.1m543.0m

Accounts Receivable

1.1b1.4b1.7b

Inventories

1.4b1.7b1.9b

Current Assets

4.3b4.4b4.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

604.4m672.5m1.5b680.8m467.9m352.8m535.3m606.1m507.6m584.0m

Accounts Receivable

1.3b1.2b1.9b1.4b1.4b2.2b1.8b1.3b2.0b1.6b

Inventories

1.6b1.7b1.9b1.9b2.0b2.2b1.9b1.7b1.9b1.6b

Current Assets

4.1b3.9b5.6b4.7b4.3b5.4b4.6b4.0b4.8b4.2b
Annual
USDFY, 2016FY, 2017FY, 2019

Net Income

1.1b614.9m1.3b

Depreciation and Amortization

281.6m290.5m301.0m

Inventories

(37.2m)17.0m(135.1m)

Accounts Payable

(9.6m)21.5m111.7m
USDY, 2019

EV/EBIT

42.5 x

EV/CFO

29.2 x

EV/FCF

37.5 x

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x
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VF Corporation Operating Metrics

VF Corporation's Units Shipped was reported to be 560 m in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Units Shipped

522 m557 m523 m473 m560 m

Brands

30 30 30 30

Manufacturing Facilities

28 28 27 21 19

Contractor Manufacturing Facilities

2 k1.90 k1.60 k1 k700
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VF Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
Altra FootwearMarch 14, 2018
IceBreakerNovember 02, 2017
Williamson-Dickie Manufacturing Company, LLCAugust 14, 2017$830 m
NapapijriApril 14, 2014
TimberlandJune 13, 2011
Rock & RepublicMarch 30, 2011
Mo Industries HoldingsMarch 31, 2009
LucyJuly 26, 2007
Majestic Athletic Official StoreFebruary 28, 2007
Eagle CreekDecember 22, 2006
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VF Corporation Revenue Breakdown

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VF Corporation revenue breakdown by business segment: 18.0% from Jeans, 13.4% from Work, 34.1% from Active, 33.6% from Outdoor and 0.9% from Other

VF Corporation revenue breakdown by geographic segment: 41.3% from Foreign, primarily Europe and 58.7% from US

VF Corporation Online and Social Media Presence

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VF Corporation Company Culture

  • Overall Culture

    A

    87/100

  • CEO Rating

    C+

    73/100

  • Compensation

    A+

    92/100

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VF Corporation News and Updates

VF Corporation Appoints Nina Flood as President, Eastpak

Stabio, Switzerland – April 1, 2020 – VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, today announced the appointment of Nina Flood as President, Eastpak®, effective April 1, 2020. She will be based in Antwerp, Belgium where the brands’ marketing and sales ope…

The Colorado Classic® presented by VF Corporation announces 2020 host communities

DENVER, March 9, 2020 /PRNewswire/ -- The Colorado Classic® presented by VF Corporation today announced the four cities that will host the prestigious race this summer. At a press event at the Colorado State Capitol, race organizers and State Governor Jared Polis welcomed Snowmass...

Strong Field of Riders Announced for 2019 Colorado Classic® presented by VF Corporation

DENVER, Aug. 1, 2019 /PRNewswire/ -- The 2019 Colorado Classic® presented by VF Corporation today released its most international and competitive roster of riders in the race's history, including past Colorado Classic champions, Olympic medal winners and world champions. "This is the...

Colorado Classic® presented by VF Corporation Issues "Equity in Cycling Pledge"

DENVER, July 17, 2019 /PRNewswire/ -- The 2019 Colorado Classic® presented by VF Corporation launched the "Equity in Cycling Pledge" today that asks fans around the world to show their support for gender equality in professional cycling. Colorado Governor Jared Polis also has declared...

Colorado Classic® presented by VF Corporation Announces Challenging 2019 Race Routes

DENVER, July 12, 2019 /PRNewswire/ -- The 2019 Colorado Classic® presented by VF Corporation (August 22-25) has released its most challenging course yet with a mix of tough mountain and swift urban circuit routes through Steamboat Springs, Avon, Golden, and Denver, organizers of the race...

Colorado Classic® presented by VF Corporation Announces Host Communities for 2019 Race

DENVER, May 21, 2019 /PRNewswire/ -- The 2019 Colorado Classic® presented by VF Corporation will race through four host communities each with a history of staging pro bicycle races -- Steamboat Springs, Avon, Golden and Denver -- August 22-25, organizers of the race announced today. This...
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VF Corporation Blogs

VF Corporation Closes Inaugural €500 Million Green Bond to Support Key Sustainability Initiatives

Offering Represents First Green Bond Issued by an Apparel, Footwear Company DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), one of the world’s largest apparel, footwear and accessories companies, announced the closing of its €500 million green bond offering, representing the first green …

VF Corporation Named One of the 2020 World’s Most Ethical Companies by Ethisphere for Fourth Consecutive Year

Recognition honors those companies that take the long view with a purpose-based strategy and strive to create positive change throughout their global communities DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, has be…

VF Corporation Announces the Pricing Terms of its Cash Tender Offers for Any and All of Its 6.000% Notes due 2033 and 6.450% Notes due 2037

DENVER--(BUSINESS WIRE)-- VF Corporation (the “Company”) (NYSE: VFC) today announced the pricing terms of the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for any and all of its $300,000,000 aggregate principal amount of outstanding 6.000…

VF Corporation Announces Pricing of €1 Billion of Senior Notes

DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) announced today that its previously announced offering of €500 million aggregate principal amount of unsecured senior notes due 2028 (the “2028 Notes”) priced at 99.362% of the aggregate principal amount with a coupon of 0.250% and its €500 mi…

VF Corporation Announces the Early Results of its Cash Tender Offers for Any and All of Its 6.000% Notes due 2033 and 6.450% Notes due 2037

DENVER--(BUSINESS WIRE)-- VF Corporation (the “Company”) (NYSE: VFC) today announced that, pursuant to the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for any and all of its $300,000,000 aggregate principal amount of outstanding 6.000% N…

VF Corporation Announces Key Leadership Appointments in the Americas Region

DENVER – (February 10, 2020) – VF Corporation today announced key leadership appointments within the VF Americas region.  Travis Campbell, currently General Manager, Americas for The North Face® brand, has been appointed to the newly created role of President, Emerging Brands & Americas Platform…
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VF Corporation Frequently Asked Questions

  • When was VF Corporation founded?

    VF Corporation was founded in 1899.

  • Who are VF Corporation key executives?

    VF Corporation's key executives are Steve Rendle, Scott A. Roe and Kevin Bailey.

  • How many employees does VF Corporation have?

    VF Corporation has 75,000 employees.

  • What is VF Corporation revenue?

    Latest VF Corporation annual revenue is $13.8 b.

  • What is VF Corporation revenue per employee?

    Latest VF Corporation revenue per employee is $184.6 k.

  • Who are VF Corporation competitors?

    Competitors of VF Corporation include Puma, Adidas and Nike.

  • Where is VF Corporation headquarters?

    VF Corporation headquarters is located at 8505 E Orchard Rd, Greenwood Village.

  • Where are VF Corporation offices?

    VF Corporation has offices in Greenwood Village, Greensboro, Hong Kong and Stabio.

  • How many offices does VF Corporation have?

    VF Corporation has 4 offices.