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03Detailed Report
0R30.L
VF Corporation
Period
Q2 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 25, 2026
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Executive Summary
VF Corporation has shown remarkable recovery in Q2 2025, posting revenues of $2.76 billion, a significant 44.6% increase from the previous quarter, although slightly down by 0.8% year-over-year. The operating income soared by over 400% to $273.9 million, reflecting the company’s strong operational improvements and cost management strategies amidst a challenging retail environment. This quarter benefitted from an increase in demand across its lifestyle brands, with management highlighting a strong performance by The North Face and Vans. Despite the overall market volatility, VF Corporation is poised to leverage its brand strength and market position to regain lost ground and focus on profitability.
Key Performance Indicators
Revenue
Decreasing
2.76B
QoQ: 44.60% | YoY: -0.80%
Gross Profit
Decreasing
1.44B
52.23% margin
QoQ: 45.21% | YoY: -5.16%
Operating Income
Increasing
273.90M
QoQ: 214.18% | YoY: 400.19%
Net Income
Increasing
52.18M
QoQ: 120.15% | YoY: 222.91%
EPS
Increasing
0.13
QoQ: 119.40% | YoY: 218.18%
Revenue Trend
Margin Analysis
Financial Highlights
In Q2 2025, VF Corporation reported revenues of $2.76 billion and a gross profit of $1.44 billion, resulting in a gross profit margin of 52.2%. This reflects a decrease of 5.16% year-over-year, yet shows a strong recovery with a 45.21% increase from the previous quarter. The operating income reached $273.9 million, translating to an operating margin of 9.9%, while net income jumped to $52.2 million, or $0.13 per share, marking a robust increase of 222.91% year-over-year. The balance sheet remains solid with total assets of $12.2 billion against total liabilities of $10.8 billion, while cash at the end of the period stood at $514.6 million.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
2.76B
-0.80%
44.60%
Gross Profit
1.44B
-5.16%
45.21%
Operating Income
273.90M
400.19%
214.18%
Net Income
52.18M
222.91%
120.15%
EPS
0.13
218.18%
119.40%
Key Financial Ratios
Gross Profit Margin
Good
52.20%
Gross profit margin is healthy and competitive within industry standards
Operating Profit Margin
Fair
9.93%
Operating margin is moderate, room for improvement in cost management
Net Profit Margin
Weak
1.89%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
0.43%
Return on assets suggests inefficient capital allocation
Return on Equity
Weak
3.71%
Return on equity suggests inefficient capital allocation
Current Ratio
Adequate
1.30
Current ratio meets minimum requirements but limited cushion
Debt to Equity
High Risk
5.25
Debt-to-equity indicates high leverage and elevated financial risk
P/E Ratio
Growth
36.48x
Elevated P/E suggests growth expectations or premium valuation
Price to Book
Premium
5.41x
Trading at premium to book value, reflects strong intangibles or growth
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