VF Corp’s Q3 Results Shine with 28% Boost as Business Reorganization Unfolds

The U.S.-based VF Group beat forecasts in the third quarter. The company, which specializes in the outdoor segment and has a portfolio of some twenty brands, ended the third quarter with operating income up more than 28% and sales up slightly. In the third quarter, the company completed the sale of Dickies.

As reported by the group, at the end of the period (ended last December), operating income stood at $289 million, compared to $226 million in the same period of 2024. Gross margin was 56.3%, compared to 56.6% in the third quarter of 2024.

VF estimates that in the fourth quarter its sales will remain flat or grow by a timid 2%

The company’s sales, meanwhile, rose 1.48% in the quarter ended last December, reaching $2.875 billion. According to the company, The North Face has achieved a comparable sales growth of 8% in the period, the same percentage that Timberland has increased in its turnover.

“In the third quarter, we achieved growth during our peak vacation season and exceeded revenue and operating profit forecasts,“ said Bracken Darell, VF’s president and CEO. “The Americas region posted its best performance in more than three years, while overall sales through direct channels increased,“ he added.

For the full year, VF posted a 1.07% increase in sales, to $7.439 billion. Operating income, meanwhile, was up 37%, to $515 million.

For the fourth quarter of the year, the company expects sales to be flat or up 2%. Operating income, meanwhile, is expected to be between 10 million and 30 million.