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, CO, US
Websitevfc.com
Employee Ratings4
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2021)40,000(-16%)
Job Openings2,024
Revenue (FY, 2021)$9.2 B(-11%)
Share Price (Jun 2021)$82.1(+5%)
Cybersecurity ratingBMore

Key People/Management at VF Corporation

Steve Rendle

Steve Rendle

Chairman, President and Chief Executive Officer
Kevin Bailey

Kevin Bailey

Executive Vice President and President, Asia-Pacific (APAC) Region and Emerging Brands
Velia Carboni

Velia Carboni

Executive Vice President, Chief Digital and Technology Officer
Martino Scabbia Guerrini

Martino Scabbia Guerrini

Executive Vice President and President, Europe, Middle East, Africa (EMEA)
Anita Graham

Anita Graham

Executive Vice President, Chief Human Resources Officer and Public Affairs
Laura C. Meagher

Laura C. Meagher

Executive Vice President, General Counsel & Secretary
Show more

VF Corporation Office Locations

VF Corporation has offices in Greenwood Village, Denver, Greensboro, Hong Kong and in 1 other location
Greenwood Village, CO, US (HQ)
8505 E Orchard Rd
Denver, CO, US
1551 Wewatta St
Greensboro, NC, 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
Show all (5)

VF Corporation Financials and Metrics

VF Corporation Revenue

Embed Graph
View revenue for all periods
VF Corporation's revenue was reported to be $9.24 b in FY, 2021 which is a 11.9% decrease from the previous period.
USD

Revenue (FY, 2021)

9.2b

Revenue growth (FY, 2020 - FY, 2021), %

(11.9%)

Gross profit (FY, 2021)

4.9b

Gross profit margin (FY, 2021), %

52.7%

Net income (FY, 2021)

407.9m

EBIT (FY, 2021)

607.6m

Market capitalization (11-Jun-2021)

32.2b

Closing stock price (11-Jun-2021)

82.1

Cash (3-Apr-2021)

815.8m

EV

38.3b
VF Corporation's current market capitalization is $32.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

13.8b10.5b9.2b

Revenue growth, %

(24%)(12%)

Cost of goods sold

6.8b4.7b4.4b

Gross profit

7.0b5.8b4.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

2.8b3.9b3.9b2.3b3.4b3.4b1.1b2.6b3.0b

Cost of goods sold

1.4b2.0b1.9b1.0b1.6b1.5b507.0m1.3b1.3b

Gross profit

1.4b2.0b2.0b1.2b1.8b1.9b569.3m1.3b1.6b

Gross profit Margin, %

50%50%52%54%53%56%53%51%55%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

543.0m1.4b815.8m

Accounts Receivable

1.7b1.3b1.3b

Inventories

1.9b1.3b1.1b

Current Assets

4.7b5.0b4.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

467.9m352.8m535.3m606.1m507.6m584.0m2.1b1.9b3.3b

Accounts Receivable

1.4b2.2b1.8b1.3b2.0b1.6b935.0m1.6b1.4b

Inventories

2.0b2.2b1.9b1.7b1.9b1.6b1.4b1.4b1.1b

Current Assets

4.3b5.4b4.6b4.0b4.8b4.2b6.3b6.7b7.3b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

1.3b679.4m407.9m

Depreciation and Amortization

301.0m267.6m269.1m

Inventories

(135.1m)(140.7m)314.3m

Accounts Payable

111.7m(73.7m)20.1m
USDQ1, 2019

EV/EBIT

153.4 x

EV/CFO

127.8 x

EV/FCF

170.1 x

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x
Show all financial metrics

VF Corporation Operating Metrics

VF Corporation's Units Shipped was reported to be 295 m in FY, 2021.
FY, 2019FY, 2020FY, 2021

Units Shipped

560 m364 m295 m

Brands

271314

Manufacturing Facilities

194

Contractor Manufacturing Facilities

700300265
Show all operating metrics

VF Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
SupremeNovember 09, 2020$2.1 b
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
Show more

VF Corporation Revenue Breakdown

Embed Graph

VF Corporation revenue breakdown by business segment: 44.7% from Outdoor, 45.0% from Active, 10.2% from Work and 0.1% from Other

VF Corporation revenue breakdown by geographic segment: 49.8% from Foreign, primarily Europe and 50.2% from US

Human Capital Metrics

Embed Graph
Show all human capital metrics

VF Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

VF Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

VF Corporation Online and Social Media Presence

Embed Graph

VF Corporation Company Culture

  • Overall Culture

    A+

    85/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A+

    93/100

  • Diversity

    A+

    90/100

Learn more on Comparably

VF Corporation News and Updates

Ethisphere Announces Powerful Roster of Speakers Including C-Suite From Flex, AARP, VF Corporation, Premier Inc., Zoom and More at Upcoming Virtual Global Ethics Summit

Senior Business Executives, together with a diverse assembly of ethics and compliance leaders, will address the complexities in today's business environment and the values that support greater corporate integrity

Supreme's sale to VF Corporation could increase the value of certain products. Here are the best Supreme items to invest in, according to experts.

Summary List Placement For many apparel and footwear resellers, Supreme used to be a gold mine. Products released from the New York City-based streetwear brand have historically offered high returns on investment on the resale market, thanks to the limited stock of its weekly drops. A Supreme box l…

Here’s Why VF Corporation Stock Could Gain Only 10% Post Covid-19 Crisis

Comparing the trend in VF Corporation stock (which owns brands such as Vans, Timberland, and The North Face) over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 10% to levels around $65, once fears surrounding...

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...
Show more

VF Corporation Blogs

VF Corporation’s New Incubator Launches Innovation Competition

VF Venture Foundry invites Entrepreneurs to develop new commercial applications tailored to consumer needs and market opportunities in the apparel industry DENVER – June 15, 2021 – VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories, today announced th…

VF Corporation Launches New Innovation Pillar to Support its Brand Portfolio Strategy, Called Venture Platforms

Venture Platforms will enable VF to develop new growth opportunities for its brands and invest in new ideas outside of its current portfolio. DENVER – May 26, 2021 – VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced its launch of Vent…

VF Corporation Announces Child Rights Pledge In Support Of The United Nations International Year For The Elimination Of Child Labor

DENVER – May 25, 2021 – VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories, has announced that it is creating a new Child Rights Action Pledge to strengthen the protection of children’s rights and eliminate child labor throughout the global apparel su…

VF Corporation Announces Fourth Quarter Fiscal 2021 Earnings and Conference Call Date

DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) plans to release its fourth quarter fiscal 2021 financial results on Friday, May 21, 2021, at approximately 6:55 a.m. ET. Following the news release, VF management will host a conference call at approximately 8:30 a.m. ET to review results. …

VF Corporation Advances Global Partnership with Better Work

On International Workers’ Day, VF is progressing its goal to improve the lives of one million people by 2025 through enhanced worker well-being programs DENVER – April 29, 2021 – VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories, today announced that…

VF Corporation Enters Into Definitive Agreement to Sell the Occupational Portion of Its Work Segment

DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has entered into a definitive agreement to sell the occupational portion of its Work segment to a subsidiary of Redwood Capital Investments, LLC, …
Show more

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, Kevin Bailey and Velia Carboni.

  • How many employees does VF Corporation have?

    VF Corporation has 40,000 employees.

  • What is VF Corporation revenue?

    Latest VF Corporation annual revenue is $9.2 b.

  • What is VF Corporation revenue per employee?

    Latest VF Corporation revenue per employee is $231 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, Denver, Greensboro, Hong Kong and in 1 other location.

  • How many offices does VF Corporation have?

    VF Corporation has 5 offices.