VF Corp Q4 Loss Narrows but Guidance Disappoints

VF Corp reported a narrower fourth-quarter loss of $150.8 million, or $0.39 per share, compared to a $418.3 million loss in the same quarter last year, but Q4 revenue declined 4.6% to $2.14 billion, missing expectations. Adjusted losses per share were $0.13, outperforming analyst forecasts. The company anticipates a 3% to 5% revenue drop and a wider-than-expected operating loss in the first quarter of fiscal 2026. Brand performance remained mixed, with The North Face and Timberland growing while Vans and Dickies continued to decline. CEO Bracken Darrell highlighted $300 million in cost reductions and progress on debt repayment. Despite operational improvements, VF Corp shares fell sharply due to the weak forward guidance, although full-year free cash flow is expected to surpass fiscal 2025’s $313 million.