Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.25.2
REVENUES (Tables)
 3 Months Ended
Jun. 28, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Contract Assets and Contract Liabilities
The following table provides information about contract assets and contract liabilities:
(In thousands) June 2025 March 2025 June 2024
Contract assets (a)
$ 6,365  $ 2,448  $ 3,188 
Contract liabilities (b)
76,164  78,421  67,954 
(a)Included in the other current assets line item in the Consolidated Balance Sheets.
(b)Included in the accrued liabilities line item in the Consolidated Balance Sheets.
Schedule of Disaggregation of Revenues
The following tables disaggregate our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues are affected by economic factors.
Three Months Ended June 2025 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 456,831  $ 392,423  $ 175,252  $ 1,024,506 
Direct-to-consumer 352,210  301,029  67,424  720,663 
Royalty 3,425  6,235  5,837  15,497 
Total $ 812,466  $ 699,687  $ 248,513  $ 1,760,666 
Geographic revenues
Americas $ 372,847  $ 404,035  $ 160,716  $ 937,598 
Europe 272,844  213,507  64,912  551,263 
Asia-Pacific 166,775  82,145  22,885  271,805 
Total $ 812,466  $ 699,687  $ 248,513  $ 1,760,666 
Three Months Ended June 2024 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 427,005  $ 418,061  $ 168,708  $ 1,013,774 
Direct-to-consumer 323,487  351,755  65,713  740,955 
Royalty 3,138  6,918  4,275  14,331 
Total $ 753,630  $ 776,734  $ 238,696  $ 1,769,060 
Geographic revenues
Americas $ 363,680  $ 457,656  $ 154,363  $ 975,699 
Europe 244,962  222,469  64,905  532,336 
Asia-Pacific 144,988  96,609  19,428  261,025 
Total $ 753,630  $ 776,734  $ 238,696  $ 1,769,060 
(a)In the three months ended June 2025, VF realigned its reportable segments. The three months ended June 2024 have been recast to reflect this change. Refer to Note 14 for additional information regarding the Company's reportable segments.
(b)"All Other" is included for purposes of reconciliation of revenues, but it is not considered a reportable segment. "All Other" includes the Dickies®, Altra®, Smartwool®, Napapijri® and Icebreaker® brands.