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:
| Type | Public | |
| Founded | 1899 | |
| HQ | Denver, US | Map |
| Website | vfc.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
Key People/Management at VF Corporation
Steve Rendle
Chairman, President and Chief Executive Officer
Scott A. Roe
Executive Vice President & Chief Financial Officer
Kevin Bailey
Executive Vice President and Group President, Asia-Pacific (APAC) and Emerging Brands
Martino Scabbia Guerrini
Executive Vice President and Group President, Europe, Middle East, Africa (EMEA)
Velia Carboni
Executive Vice President, Chief Digital and Technology Officer
Anita Graham
Executive Vice President, Chief Human Resources Officer and Public Affairs
VF Corporation Office Locations
VF Corporation has offices in Denver, Greensboro, Hong Kong and Stabio
Denver, US (HQ)
1551 Wewatta St
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
VF Corporation Financials and Metrics
VF Corporation Revenue
VF Corporation's revenue was reported to be $10.49 b in FY, 2020
| USD | |
|---|---|
Revenue (Q2, 2021) | 2.6b |
Gross profit (Q2, 2021) | 1.3b |
Gross profit margin (Q2, 2021), % | 50.8% |
Net income (Q2, 2021) | 256.7m |
EBIT (Q2, 2021) | 319.9m |
Market capitalization (13-Nov-2020) | 31.0b |
Closing stock price (13-Nov-2020) | 79.5 |
Cash (26-Sept-2020) | 1.9b |
EV | 36.0b |
VF Corporation's current market capitalization is $31 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.6b | 2.4b | 3.5b | 3.0b | 2.8b | 3.9b | 3.9b | 2.3b | 3.4b | 3.4b | 1.1b | 2.6b |
Cost of goods sold | 1.3b | 1.2b | 1.8b | 1.5b | 1.4b | 2.0b | 1.9b | 1.0b | 1.6b | 1.5b | 507.0m | 1.3b |
Gross profit | 1.3b | 1.2b | 1.7b | 1.5b | 1.4b | 2.0b | 2.0b | 1.2b | 1.8b | 1.9b | 569.3m | 1.3b |
Gross profit Margin, % | 50% | 50% | 50% | 51% | 50% | 50% | 52% | 54% | 53% | 56% | 53% | 51% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 604.4m | 672.5m | 1.5b | 680.8m | 467.9m | 352.8m | 535.3m | 606.1m | 507.6m | 584.0m | 2.1b | 1.9b |
Accounts Receivable | 1.3b | 1.2b | 1.9b | 1.4b | 1.4b | 2.2b | 1.8b | 1.3b | 2.0b | 1.6b | 935.0m | 1.6b |
Inventories | 1.6b | 1.7b | 1.9b | 1.9b | 2.0b | 2.2b | 1.9b | 1.7b | 1.9b | 1.6b | 1.4b | 1.4b |
Current Assets | 4.1b | 3.9b | 5.6b | 4.7b | 4.3b | 5.4b | 4.6b | 4.0b | 4.8b | 4.2b | 6.3b | 6.7b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 209.2m | 319.1m | 705.2m | 252.8m | 160.4m | 667.5m | 1.1b | 97.2m | 746.3m | 1.2b | (285.6m) | (28.9m) |
Depreciation and Amortization | 66.4m | 131.9m | 207.6m | 71.5m | 71.1m | 145.0m | 216.4m | 159.2m | 321.1m | 204.3m | 63.0m | 138.9m |
Inventories | (159.7m) | (208.0m) | (390.4m) | (156.3m) | (140.8m) | (433.4m) | (58.4m) | (228.1m) | (474.4m) | (132.9m) | (100.1m) | (115.5m) |
Accounts Payable | (207.2m) | (158.1m) | (111.3m) | (187.6m) | 87.1m | 150.6m | 62.2m | 7.1m | (24.0m) | (121.5m) | (59.8m) | 36.0m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 159.8k |
Debt/Equity | 0.5 x |
Debt/Assets | 0.2 x |
Financial Leverage | 2 x |
VF Corporation Operating Metrics
VF Corporation's Units Shipped was reported to be 560 m in FY, 2019.
VF Corporation Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Altra Footwear | March 14, 2018 | |
| IceBreaker | November 02, 2017 | |
| Williamson-Dickie Manufacturing Company, LLC | August 14, 2017 | $830 m |
| Napapijri | April 14, 2014 | |
| Timberland | June 13, 2011 | |
| Rock & Republic | March 30, 2011 | |
| Mo Industries Holdings | March 31, 2009 | |
| Lucy | July 26, 2007 | |
| Majestic Athletic Official Store | February 28, 2007 | |
| Eagle Creek | December 22, 2006 |
VF Corporation Revenue Breakdown
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 Cybersecurity Score
VF Corporation Environment, Social & Governance (ESG) Ratings
VF Corporation Online and Social Media Presence
2.77k Twitter followers
VF Corporation has 2.77k Twitter Followers. The number of followers has increased 2.2% month over month and increased 5% quarter over quarter
VF Corporation's Trends
Twitter Engagement Stats for @VFCorp
1.2k
Tweets
322
Following
2.8k
Followers
39
Tweets last 30 days
3.3
Avg. likes per Tweet
100%
Tweets with engagement
VF Corporation Company Culture
Overall Culture
A
87/100
CEO Rating
C+
73/100
Compensation
A+
92/100
VF Corporation News and Updates
June 01, 2020
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...
April 02, 2020
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…
March 09, 2020
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...
August 01, 2019
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...
July 17, 2019
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...
July 12, 2019
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...
VF Corporation Blogs
November 09, 2020
VF Corporation Announces Definitive Agreement to Acquire Iconic, Global Streetwear Leader Supreme®
Acquisition accelerates VF’s consumer minded, retail-centric, hyper-digital business model transformation;
Acquisition follows long-standing relationship between Supreme® and VF, with the Supreme® brand a regular collaborator with VF’s Vans®, The North Face® and Timberland® brands;
The Supre…
November 02, 2020
VF Corporation Appoints Lauren Guthrie as Vice President, Global Inclusion & Diversity
DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced the appointment of Lauren Guthrie to the position of Vice President, Global Inclusion & Diversity (I&D).
Guthrie will be responsible for leading VF’s …
October 14, 2020
VF Corporation Named One of America’s Most JUST Companies by Forbes and JUST Capital
The Forbes JUST 100 recognizes companies doing right by all their stakeholders – workers, customers, communities, the environment, and shareholders – as defined by the American public
DENVER--(BUSINESS WIRE)--
VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear a…
October 13, 2020
VF Corporation Announces Changes to Brand Leadership and Management Structure Around Core and Emerging Brands Portfolio
All Core and Emerging Brands Leadership Now Report Directly to CEO
Steve Murray Named Global Brand President for The North Face®
DENVER--(BUSINESS WIRE)--
VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced organizational chan…
September 30, 2020
VF Corporation Announces Second Quarter Fiscal 2021 Earnings and Conference Call Date
DENVER--(BUSINESS WIRE)--
VF Corporation (NYSE: VFC) plans to release its second quarter fiscal 2021 financial results on Friday, October 16, 2020, 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…
September 03, 2020
VF Corporation and its Timberland® Brand Collaborate with Redress to Support the Next Generation of Sustainable Fashion Designers
HONG KONG--(BUSINESS WIRE)--
VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, together with its Timberland® brand, today announced a collaboration with environmental charity Redress for the Redress Design Award 2020. Through the collaboration, V…
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 48,000 employees.
What is VF Corporation revenue?
Latest VF Corporation annual revenue is $10.5 b.
What is VF Corporation revenue per employee?
Latest VF Corporation revenue per employee is $218.5 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 1551 Wewatta St, Denver.
Where are VF Corporation offices?
VF Corporation has offices in Denver, Greensboro, Hong Kong and Stabio.
How many offices does VF Corporation have?
VF Corporation has 4 offices.
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