VF (VFC)

Company Profile

Founded in 1899, VF Corporation is one of the world's largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. The Company's purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. The Company connects this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good.

Company profile

Ticker

VFC

Exchange

NYSE

Website

www.vfc.com

CEO

Steven Rendle

Incorporated

Pennsylvania

Location

Colorado

Fiscal year end

Apr 01

Sector

Manufacturing > Apparel Accessories and Other Apparel Manufacturing

Industry (SIC)

Men's & Boys' Furnishings, Work Clothing, & Allied Garments

PVH • Ralph Lauren • Kontoor Brands • Oxford Industries • Cintas • Naked Brand ...

Former names

V F CORP /PA/, V F CORP/NC

SEC CIK

0000103379

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1994 Inc. Ltd. • 530 Park Ave 10-F, LLC • 530 Park Ave 14-H, LLC • ALL'CROWN SA • Altra LLC • C.C.R.L., LLC • Chapter 4 Corp • Cherry SAS • Ciliegia Srl • Dickies de Honduras SA ...

IRS number

231180120

VFC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$27.50

Low target

$20.00

High target

$35.00

Latest filings (excl ownership)

View all

CERT

Certification of approval for exchange listing

7 Mar 23

8-A12B

Registration of securities on exchange

Prospectus supplement for primary offering

27 Feb 23

FWP

Free writing prospectus

23 Feb 23

424B3

Prospectus supplement

21 Feb 23

8-K

Entry into a Material Definitive Agreement

8 Feb 23

Results of Operations and Financial Condition

7 Feb 23

8-K

Amendments to Articles of Incorporation or Bylaws

25 Jan 23

Transcripts

View all

VFC

Earnings call transcript

2023 Q3

7 Feb 23

VFC

Earnings call transcript

2023 Q2

26 Oct 22

VFC

Earnings call transcript

2023 Q1

29 Jul 22

VFC

Earnings call transcript

2022 Q4

20 May 22

VFC

Earnings call transcript

2022 Q3

28 Jan 22

VFC

Earnings call transcript

2021 Q3

22 Oct 21

VFC

Earnings call transcript

2022 Q1

30 Jul 21

VFC

Earnings call transcript

2021 Q4

21 May 21

VFC

Earnings call transcript

2021 Q3

27 Jan 21

VFC

Earnings call transcript

2021 Q2

16 Oct 20

Latest ownership filings

View all

Guerrini Martino Scabbia

Capital International Investors

Financial summary

Financial statements Chart VFC financial data

Quarter (USD)	Dec 22	Oct 22	Jul 22	Apr 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Apr 22	Apr 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	571.35 mm	571.35 mm	571.35 mm	571.35 mm	571.35 mm	571.35 mm
Cash burn (monthly)	(no burn)	63.54 mm	(no burn)	(no burn)	(no burn)	63.88 mm
Cash used (since last report)	n/a	185.90 mm	n/a	n/a	n/a	186.89 mm
Cash remaining	n/a	385.45 mm	n/a	n/a	n/a	384.46 mm
Runway (months of cash)	n/a	6.1	n/a	n/a	n/a	6.0

Beta Read what these cash burn values mean

Financial data from VF earnings reports.

Institutional ownership, Q4 2022

VFC institutional ownership history Ownership history

93.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	726	721	+0.7%
Opened positions	119	63	+88.9%
Closed positions	114	143	-20.3%
Increased positions	275	292	-5.8%
Reduced positions	240	243	-1.2%

13F shares	Current	Prev Q	Change
Total value	10.05 tn	10.52 bn	+95426.2%
Total shares	364.38 mm	351.23 mm	+3.7%
Total puts	4.79 mm	3.03 mm	+58.4%
Total calls	6.00 mm	1.53 mm	+291.2%
Total put/call ratio	0.8	2.0	-59.5%

Largest owners	Shares	Value	Change
PNC PNC Financial Services	77.04 mm	$2.13 tn	-0.5%
Vanguard	42.20 mm	$1.17 tn	+0.9%
STT State Street	37.16 mm	$1.03 tn	NEW
BLK Blackrock	25.14 mm	$694.24 bn	-4.4%
NTRS Northern Trust	24.89 mm	$687.35 bn	+0.0%
Capital International Investors	9.72 mm	$268.46 bn	-70.9%
Charles Schwab Investment Management	8.58 mm	$226.99 bn	+12.7%
Geode Capital Management	6.87 mm	$190.25 bn	+2.3%
IVZ Invesco	5.99 mm	$165.29 bn	+75.4%
MS Morgan Stanley	5.96 mm	$164.44 bn	+56.8%

Largest transactions	Shares	Bought/sold	Change
STT State Street	37.16 mm	+37.16 mm	NEW
Capital International Investors	9.72 mm	-23.65 mm	-70.9%
WFC Wells Fargo & Co.	3.50 mm	-6.86 mm	-66.3%
Diamond Hill Capital Management	210.48 k	-6.68 mm	-96.9%
Millennium Management	5.73 mm	+5.62 mm	+5060.5%
Norges Bank	3.02 mm	+3.02 mm	NEW
Alecta Pensionsforsakring, Omsesidigt	0.00	-2.69 mm	EXIT
IVZ Invesco	5.99 mm	+2.57 mm	+75.4%
ProShare Advisors	5.87 mm	+2.50 mm	+74.0%
MS Morgan Stanley	5.96 mm	+2.16 mm	+56.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VFC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Mar 23	Roberts Carol L	Common Stock	Buy	Acquire P	Yes	No	21.0699	7,109	149.79 k	7,109
6 Mar 23	Scabbia Guerrini Martino	Common Stock	Grant	Acquire A	No	No	25.56	78,248	2.00 mm	245,690.763
13 Feb 23	Juliana L Chugg	Common Stock	Buy	Acquire P	Yes	No	26.687	15,000	400.31 k	15,000
10 Feb 23	Bailey Kevin	Common Stock	Grant	Acquire A	No	No	26.72	26,198	700.01 k	81,822.48
10 Feb 23	Jennifer S. Sim	Common Stock	Grant	Acquire A	No	No	26.72	20,000	534.40 k	23,186.846