VFC Reports Solid Q4: Break-Even Earnings, Surges Past Sales Forecasts, and Cuts Debt

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V.F. Corporation (VFC) reported its fourth-quarter fiscal 2026 results on [specific date not provided], achieving net sales of $2,166 million, surpassing the Zacks Consensus Estimate of $2,128 million by 1.8%, and reflecting a 1% year-over-year increase. The company reported breakeven earnings per share, exceeding the estimate of a loss of 2 cents, and a significant improvement from a loss of 13 cents per share in the same quarter last year.

Regionally, the Americas saw a 2% revenue increase year-over-year, while EMEA reported flat growth on a reported basis but a 9% decline on a constant-currency basis. Outdoor segment revenues rose 11% to $1,339 million, whereas Active segment revenues declined by 1% to $588.6 million. V.F. Corp. ended the fiscal year with cash and cash equivalents of $823.9 million and long-term debt of $3.52 billion, with a net debt reduction of $0.8 billion year-over-year.

Looking ahead to fiscal 2027, VFC anticipates revenue growth of 1-2% in constant currency, driven by continued improvements from its brands, including The North Face and Timberland, while projecting a decline for Vans. The company also expects an adjusted operating margin of around 8% for the fiscal year.

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