VF Corp. reports Q4 adjusted EPS 0c, consensus (1c)

Reports Q4 revenue $2.17B, consensus $2.13B. Bracken Darrell, President and CEO, said: “For the first time in three years, we returned to a full year of growth and expect to keep growing in FY’27. We also significantly expanded margins and reduced our leverage ratio by a full turn vs. LY. In the fourth quarter, we delivered our strongest revenue performance since I joined VF. Both The North Face and Timberland continued to deliver global growth. Vans is starting to show momentum with a return to growth in Americas DTC for the first time in over four years. We remain on track to achieve our medium-term targets, an exit run rate of 10% operating margin in FY’28 and a leverage ratio of 2.5x or lower by FY’28. This has been a strong year for VF and I’m excited about the momentum we are building.”