VF Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

NET LOSS PER SHARE

NET LOSS PER SHARE

3 Months Ended

Jun. 28, 2025


	Three Months Ended June

(In thousands, except per share amounts)	2025		2024
Net loss per common share – basic:
Loss from continuing operations	$	(116,408)	$	(152,027)
Weighted average common shares outstanding	390,024		388,741
Net loss per common share from continuing operations	$	(0.30)	$	(0.39)
Net loss per common share – diluted:
Loss from continuing operations	$	(116,408)	$	(152,027)
Weighted average common shares outstanding	390,024		388,741
Incremental shares from stock options and other dilutive securities	—		—
Adjusted weighted average common shares outstanding	390,024		388,741
Net loss per common share from continuing operations	$	(0.30)	$	(0.39)

In the three-month periods ended June 2025 and June 2024, the dilutive impacts of all outstanding stock options and other dilutive securities were excluded from dilutive shares as a result of the Company's loss from continuing operations for the periods and, as such, their inclusion would have been anti-dilutive. As a

result, a total of 29.0 million and 22.6 million potentially dilutive shares related to stock options and other dilutive securities were excluded from the diluted net loss per share calculations for the three-month periods ended June 2025 and June 2024, respectively.