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VF Corporation (NYSE: VFC)

Apparel Manufacturing Β· Denver, CO, United States Β· Founded 1899

$5.0B
Market Cap
$11.0B
Revenue
35,000
Employees
$-1.0B
Net Income
πŸ“Š Key Statistics for VF Corporation (VFC)
  • Market capitalization: $5.0 billion
  • Annual revenue: $11.0 billion
  • Net income: $-1.0 billion
  • Employees: 35,000
  • Sector: Consumer Cyclical
  • Headquarters: Denver, United States
  • Founded: 1899

Source: Statvoo company profile for VF Corporation. Browse all 500+ companies

πŸ“‹ About VF Corporation

VF Corporation is a global apparel and footwear company that owns a portfolio of outdoor, active, and workwear brands including The North Face, Vans, Timberland, and Dickies. The company has struggled in recent years as Vansβ€”once its growth engineβ€”experienced a significant sales decline. VF's portfolio approach aims to diversify across consumer segments and distribution channels.

πŸ’° How VF Corporation Makes Money

VF Corporation earns revenue from the wholesale and direct-to-consumer sale of branded apparel and footwear. The North Face and Vans are the two largest brands, together accounting for the majority of revenue and profit.

πŸ“œ Key Milestones

VF Corporation was founded in 1899 as the Reading Glove and Mitten Manufacturing Company in Pennsylvania. The company transformed itself through acquisitions, adding The North Face (2000), Vans (2004), and Timberland (2011). VF spun off its jeans business (Wrangler, Lee) as Kontoor Brands in 2019 and relocated its headquarters from North Carolina to Denver.

πŸ“Š Financial Overview
Market Capitalization$5.0B
Annual Revenue$11.0B
Net Income$-1.0B
Profit Margin-9%
Revenue per Employee$314286K
Stock ExchangeNYSE
Ticker SymbolVFC

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Vans went from a niche skateboarding shoe to a global fashion phenomenon, growing from $300 million to over $3.5 billion in revenue before its recent decline. The North Face's Nuptse puffer jacket became one of the most ubiquitous fashion items of the 2020s.

πŸ“ Analyst Take

VF Corporation is in turnaround modeβ€”the Vans decline has been steeper and longer than anyone expected, and the balance sheet is stretched. The North Face remains a strong brand, but VF needs Vans to stabilize before the stock can recover meaningfully.

❓ Frequently Asked Questions

What is VF Corporation's revenue?

VF Corporation generates approximately $11.0 billion in annual revenue.

How many employees does VF Corporation have?

VF Corporation employs approximately 35,000 people worldwide.

What is VF Corporation's market cap?

VF Corporation (VFC) has a market capitalization of approximately $5.0 billion on the NYSE.

When was VF Corporation founded?

VF Corporation was founded in 1899 and is headquartered in Denver, CO, United States.

Who is the CEO of VF Corporation?

Bracken Darrell is the current CEO of VF Corporation.

What is VF Corporation's website?

VF Corporation's official website is vfc.com.