VF Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

REVENUES (Tables)

REVENUES (Tables)

12 Months Ended

Mar. 28, 2026

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)	March 2026		March 2025
Contract assets (a)	$	976	$	2,448
Contract liabilities (b)	76,923		78,421

(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.


	Year Ended March 2026 (a)
(In thousands)	Outdoor		Active		All Other (b)		Total
Channel revenues
Wholesale	$	3,207,132	$	1,338,134	$	798,377	$	5,343,643
Direct-to-consumer	2,522,988		1,361,373		327,508		4,211,869
Royalty	11,672		21,460		16,563		49,695
Total	$	5,741,792	$	2,720,967	$	1,142,448	$	9,605,207

Geographic revenues
Americas	$	2,577,489	$	1,587,903	$	664,702	$	4,830,094
Europe	2,109,660		861,962		400,298		3,371,920
Asia-Pacific	1,054,643		271,102		77,448		1,403,193
Total	$	5,741,792	$	2,720,967	$	1,142,448	$	9,605,207


	Year Ended March 2025 (a)
(In thousands)	Outdoor		Active		All Other (b)		Total
Channel revenues
Wholesale	$	2,967,846	$	1,426,718	$	905,530	$	5,300,094
Direct-to-consumer	2,328,914		1,462,854		350,507		4,142,275
Royalty	14,301		24,735		23,286		62,322
Total	$	5,311,061	$	2,914,307	$	1,279,323	$	9,504,691

Geographic revenues
Americas	$	2,361,598	$	1,710,070	$	761,857	$	4,833,525
Europe	1,941,917		887,372		419,172		3,248,461
Asia-Pacific	1,007,546		316,865		98,294		1,422,705
Total	$	5,311,061	$	2,914,307	$	1,279,323	$	9,504,691


	Year Ended March 2024 (a)
(In thousands)	Outdoor		Active		All Other (b)		Total
Channel revenues
Wholesale	$	3,001,601	$	1,462,412	$	958,004	$	5,422,017
Direct-to-consumer	2,209,465		1,841,198		375,925		4,426,588
Royalty	19,221		24,002		23,850		67,073
Total	$	5,230,287	$	3,327,612	$	1,357,779	$	9,915,678

Geographic revenues
Americas	$	2,387,085	$	1,963,872	$	821,801	$	5,172,758
Europe	1,953,782		950,526		435,348		3,339,656
Asia-Pacific	889,420		413,214		100,630		1,403,264
Total	$	5,230,287	$	3,327,612	$	1,357,779	$	9,915,678

(a)In the first quarter of Fiscal 2026, VF realigned its reportable segments. The years ended March 2025 and 2024 have been recast to reflect this change. Refer to Note 21 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®.