Companies

VF Corp reports modest growth in the third quarter as turnaround progresses

Feb 2, 2026 United States

The US-based company has reported modest revenue growth in the third quarter, supported by improved performance in the Americas region and a return to growth in its direct-to-consumer channel

“In the third quarter, we delivered growth during our peak holiday quarter and beat revenue and operating income guidance (…). We remain on track to deliver our medium-term financial targets and are excited about the future of the business”, said Bracken Darrell, President and CEO of VF Corp.

Third Quarter Results

In the third quarter of the 2026 fiscal year, which ended on the 27^th of December 2025, the company recorded a total revenue of 2.9 billion US dollars. This reflects a 1% increase on a reported basis, but a 1% decrease due to foreign exchange, as compared to the same period in the previous fiscal year. Excluding Dickies, whose divestiture was completed during the period, revenue grew by 2% and 4% on a reported and constant basis, respectively.

As in the previous quarter, the positive trajectory was supported by the core outdoor brands. Both The North Face and Timberland brands reported revenue growth of 8% (or 5% on a constant basis) in the third quarter of the 2025 fiscal year, on a comparable basis to the same quarter of the 2025 fiscal year. Vans’ results were in line with the company’s own expectations, with year-on-year decreases of 8% and 10% on a reported and constant basis, respectively, during the period.

Bracken Darrell emphasised that the “the Americas region had its strongest performance in over three years”, with a 2% year-on-year increase (or 6% excluding the Dickies business). This includes growth posted by both the direct-to-consumer (DTC) and wholesale channels versus the same period of last year. Global DTC performance returned to growth during the third quarter, rising by 4% year-on-year, primarily due to the strength of the digital channel.

In the three months ending on the 27^th of December, VF Corp reported an operating income of 289 million US dollars, as compared to 226 million US dollars in the same period last year. On an adjusted basis, operating income totalled 341 million US dollars, as compared to 318 million US dollars a year ago.

Meanwhile, the company’s third quarter earnings per share were 0.76 US dollars, up from 0.43 US dollars, while adjusted earnings per share were 0.58 US dollars, down from 0.61 US dollars a year ago.

Image Credits: sneakerjagers.com

United States Companies Footwear Quarter Results Results VF Corp