•
Mar 30, 2024

VF Corp Q4 2024 Earnings Report

Reported fourth quarter revenue and earnings, exceeding FY24 cash flow expectations.

Key Takeaways

VF Corporation reported a Q4 revenue of $2.4 billion, down 13%. The company made progress advancing its Reinvent transformation program. The company closed the fiscal year with further inventory reductions helping deliver $1 billion in operating cash flow and over $800 million in free cash flow, exceeding guidance.

Advanced Reinvent transformation program.

Closed the fiscal year with inventory reductions.

Delivered $1 billion in operating cash flow and over $800 million in free cash flow, exceeding guidance.

Positioning VF to return to sustainable and profitable growth.

Total Revenue
$2.37B
Previous year: $2.74B
-13.3%
EPS
-$0.32
Previous year: $0.17
-288.2%
Gross Margin
47.8%
Previous year: 49.6%
-3.6%
Gross Profit
$1.15B
Previous year: $1.36B
-15.4%
Cash and Equivalents
$675M
Previous year: $815M
-17.2%
Free Cash Flow
$804M
Total Assets
$11.6B
Previous year: $14B
-17.0%

VF Corp

VF Corp

VF Corp Revenue by Segment

VF Corp Revenue by Geographic Location

Forward Guidance

Free cash flow plus the benefit of non-core asset sales is expected to generate approximately $600 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income