V.F. Corporation reported its fourth-quarter fiscal 2025 results for the period ended March 29, 2025. The company's quarterly sales of $2.14 billion were down 5% year-over-year, missing analyst consensus estimates of $2.18 billion.
The adjusted earnings per share showed a loss of $0.13, which beat the street view of a $0.14 loss. Gross margin improved by 560 basis points to 53.4%, driven by lower material costs and reduced discounting.
Vans revenue declined by 20% in the quarter, following an 8% decline in the prior quarter, with 60% of this attributed to deliberate actions to eliminate unprofitable businesses. The North Face grew 4%, and Timberland grew 13%.
For the first quarter of fiscal 2026, VFC expects revenue to decline 3% to 5% year-over-year, with an adjusted operating loss projected between $110 million and $125 million. The company also achieved its initial target of $300 million in gross cost savings for FY25.
VFC estimates an incremental annualized tariff impact of $150 million, with 65% of this impact expected in fiscal 2026. The Board of Directors declared a quarterly dividend of $0.09 per share, payable on June 18, 2025, to shareholders of record on June 10, 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.