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.
Free cash flow plus the benefit of non-core asset sales is expected to generate approximately $600 million.
Visualization of income flow from segment revenue to net income