VF Corporation

OverviewSuggest Edit

VF Corporation is a 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
HQDenver, CO, US
Websitevfc.com
Employee Ratings4
Overall CultureA-

Latest Updates

Employees (est.) (Apr 2021)40,000(-16%)
Job Openings2,221
Revenue (FY, 2022)$11.8 B(+29%)
Share Price (Jun 2022)$48(+3%)
Cybersecurity ratingBMore
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Key People/Management at VF Corporation

Steve Rendle

Steve Rendle

Chairman, President and Chief Executive Officer
Matt Puckett

Matt Puckett

Executive Vice President and Chief Financial Officer
John Kelley

John Kelley

Senior Director, M&A and Business Development
Kevin Bailey

Kevin Bailey

Global Brand President, Vans
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) and Emerging Brands
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VF Corporation Office Locations

VF Corporation has offices in Denver, Greensboro, Shanghai and Stabio
Denver, CO, US (HQ)
1551 Wewatta St
Greensboro, NC, US
105 Corporate Center Blvd
Shanghai, CN
688 Nanjing W Rd, Nan Jing Xi Lu, Jingan Qu
Stabio, CH
Via Laveggio 5
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VF Corporation Financials and Metrics

VF Corporation Revenue

VF Corporation's revenue was reported to be $11.84 b in FY, 2022
USD

Revenue (FY, 2022)

11.8b

Net income (FY, 2022)

1.4b

EBIT (FY, 2022)

1.6b

Market capitalization (24-Jun-2022)

18.7b

Closing stock price (24-Jun-2022)

48.0

Cash (2-Apr-2022)

1.3b
VF Corporation's current market capitalization is $18.7 b.
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

13.8b10.5b9.2b11.8b

Revenue growth, %

(24%)(12%)

Cost of goods sold

6.8b4.7b4.4b5.4b

Gross profit

7.0b5.8b4.9b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

2.3b3.4b3.4b1.1b2.6b3.0b2.2b3.2b3.6b

Cost of goods sold

1.0b1.6b1.5b507.0m1.3b1.3b955.6m1.5b1.6b

Gross profit

1.2b1.8b1.9b569.3m1.3b1.6b1.2b1.7b2.0b

Gross profit Margin, %

54%53%56%53%51%55%56%54%56%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

543.0m1.4b815.8m1.3b

Accounts Receivable

1.7b1.3b1.3b1.5b

Inventories

1.9b1.3b1.1b1.4b

Current Assets

4.7b5.0b4.8b4.6b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

606.1m507.6m584.0m2.1b1.9b3.3b1.3b1.4b1.3b

Accounts Receivable

1.3b2.0b1.6b935.0m1.6b1.4b1.1b1.8b1.5b

Inventories

1.7b1.9b1.6b1.4b1.4b1.1b1.2b1.5b1.3b

Current Assets

4.0b4.8b4.2b6.3b6.7b7.3b4.6b5.0b4.6b
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Net Income

1.3b679.4m407.9m1.4b

Depreciation and Amortization

301.0m267.6m269.1m266.9m

Inventories

(135.1m)(140.7m)314.3m(380.9m)

Accounts Payable

111.7m(73.7m)20.1m105.4m
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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

VF Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
SupremeDecember 28, 2020$2.2 b
Icon-Altra LLCJune 01, 2018$131.7 m
Icebreaker Holdings LimitedApril 03, 2018$198.5 m
Altra FootwearMarch 14, 2018
Williamson-Dickie Manufacturing Company, LLCOctober 02, 2017$800.7 m
NapapijriApril 14, 2014
TimberlandJune 13, 2011
Rock & RepublicMarch 30, 2011
Mo Industries HoldingsMarch 31, 2009
LucyJuly 26, 2007
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VF Corporation Revenue Breakdown

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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

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VF Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

VF Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

VF Corporation Online and Social Media Presence

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VF Corporation Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    72/100

  • Diversity

    A+

    90/100

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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...
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VF Corporation Blogs

VF Corporation Named One of the 100 Best Corporate Citizens Of 2022

VF ranked first in the Consumer Durables & Apparel Industry and 14th overall. DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has been recognized by 3BL Media in its 100 Best Corporate Cit…

VF Corporation Announces Fourth Quarter Fiscal 2022 Earnings and Conference Call Date

DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC) plans to release its fourth quarter fiscal 2022 financial results on Thursday, May 19th, 2022 at approximately 4:05 p.m. ET. Following the news release, VF management will host a conference call at approximately 4:30 p.m. ET to review results. Thi…

The VF Foundation Issues Its Second Impact Report Detailing Funding Across 73 Countries During Global Pandemic

More than $8 million granted directly through The VF Foundation A total of more than $24 million donated by The VF Foundation, VF Corporation and the Company’s Family of Brands DENVER--(BUSINESS WIRE)-- The VF Foundation, the philanthropic arm of VF Corporation (NYSE: VFC), today released its second…

VF Corporation Appoints Kevin Bailey as Global Brand President, Vans®

Veteran VF Executive Returns to Lead Iconic Brand DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories, today announced that it has appointed VF’s Kevin Bailey to the position of Global Brand President, Vans®. Bailey will…

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

Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessori…

VF Corporation Earns Top Score in Human Rights Campaign Foundation’s 2022 Corporate Equality Index

VF Corporation earns 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ+ workplace equality DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, has received a top score of 100 on the Human Rights Ca…
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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, Matt Puckett and John Kelley.

  • How many employees does VF Corporation have?

    VF Corporation has 40,000 employees.

  • What is VF Corporation revenue?

    Latest VF Corporation annual revenue is $11.8 b.

  • What is VF Corporation revenue per employee?

    Latest VF Corporation revenue per employee is $296 k.

  • Who are VF Corporation competitors?

    Competitors of VF Corporation include Under Armour, Nike and PUMA.

  • 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, Shanghai and Stabio.

  • How many offices does VF Corporation have?

    VF Corporation has 5 offices.