Quarterly report [Sections 13 or 15(d)]

REVENUES (Tables)

v3.25.4
REVENUES (Tables)
 9 Months Ended
Dec. 27, 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) December 2025 March 2025 December 2024
Contract assets (a)
$ 1,998  $ 2,448  $ 1,757 
Contract liabilities (b)
71,134  78,421  68,820 
(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 December 2025 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 813,446  $ 259,006  $ 164,991  $ 1,237,443 
Direct-to-consumer 1,110,106  406,863  109,033  1,626,002 
Royalty 2,456  5,966  3,934  12,356 
Total $ 1,926,008  $ 671,835  $ 277,958  $ 2,875,801 
Geographic revenues
Americas $ 945,704  $ 422,229  $ 170,725  $ 1,538,658 
Europe 658,932  183,651  86,157  928,740 
Asia-Pacific 321,372  65,955  21,076  408,403 
Total $ 1,926,008  $ 671,835  $ 277,958  $ 2,875,801 
Three Months Ended December 2024 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 761,960  $ 282,028  $ 206,949  $ 1,250,937 
Direct-to-consumer 1,013,821  428,271  123,477  1,565,569 
Royalty 4,495  6,250  6,661  17,406 
Total $ 1,780,276  $ 716,549  $ 337,087  $ 2,833,912 
Geographic revenues
Americas $ 836,515  $ 457,417  $ 212,790  $ 1,506,722 
Europe 613,356  183,665  97,221  894,242 
Asia-Pacific 330,405  75,467  27,076  432,948 
Total $ 1,780,276  $ 716,549  $ 337,087  $ 2,833,912 
Nine Months Ended December 2025 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 2,475,383  $ 1,029,571  $ 633,942  $ 4,138,896 
Direct-to-consumer 1,917,391  1,084,692  254,443  3,256,526 
Royalty 9,179  18,009  16,563  43,751 
Total $ 4,401,953  $ 2,132,272  $ 904,948  $ 7,439,173 
Geographic revenues
Americas $ 2,014,151  $ 1,261,677  $ 543,920  $ 3,819,748 
Europe 1,599,476  658,598  294,584  2,552,658 
Asia-Pacific 788,326  211,997  66,444  1,066,767 
Total $ 4,401,953  $ 2,132,272  $ 904,948  $ 7,439,173 
Nine Months Ended December 2024 (a)
(In thousands) Outdoor Active
All Other (b)
Total
Channel revenues
Wholesale $ 2,325,958  $ 1,104,269  $ 662,279  $ 4,092,506 
Direct-to-consumer 1,764,056  1,193,738  263,667  3,221,461 
Royalty 10,614  19,812  16,527  46,953 
Total $ 4,100,628  $ 2,317,819  $ 942,473  $ 7,360,920 
Geographic revenues
Americas $ 1,864,611  $ 1,397,707  $ 575,961  $ 3,838,279 
Europe 1,467,844  673,941  294,348  2,436,133 
Asia-Pacific 768,173  246,171  72,164  1,086,508 
Total $ 4,100,628  $ 2,317,819  $ 942,473  $ 7,360,920 
(a)In the first quarter of Fiscal 2026, VF realigned its reportable segments. The three and nine months ended December 2024 have been recast to reflect this change. Refer to Note 15 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 following brands: Dickies® (through the date of sale), Altra®, Smartwool®, Napapijri® and Icebreaker®.