VF Corporation Q2 earnings beat forecasts as revenue hits $2.695B
Key points
- VF Corporation (NYSE:VFC) reported fiscal second-quarter 2027 earnings per share of $0.70, exceeding analysts' consensus estimate of $0.53.
- The company exceeded revenue expectations, with The North Face and Timberland continuing to grow and Altra sales increasing more than 40%.
- VF Corporation reaffirmed its fiscal 2027 outlook and declared a quarterly cash dividend of $0.09 per share.
VF Corporation (NYSE:VFC) reported fiscal second-quarter 2027 revenue of $2.695 billion and adjusted diluted earnings per share of $0.70, exceeding its guidance and analysts’ earnings expectations.
Reported revenue fell from $2.803 billion a year earlier, but revenue excluding the divested Dickies brand rose 1% on a constant-currency basis, ahead of the company’s forecast of flat performance.
Operating income reached $368 million, while adjusted operating income excluding Dickies totaled $364 million, above the company’s guidance of approximately $315 million; adjusted gross margin excluding Dickies increased 290 basis points to 55.4%.
VF Corporation reaffirmed its fiscal 2027 outlook, forecasting constant-currency revenue growth of 2% or better, an adjusted operating margin of approximately 8%, and actual free cash flow of at least $515 million.
The company’s brands include The North Face, Timberland, Vans and Altra, with management reporting growth at The North Face and Timberland, Altra growth above 40%, and a return to global direct-to-consumer growth at Vans.
