VF Q1 FY27 operating loss narrows 4.08% to $83.07 million; revenue falls 5% to $1.67 billion - VFC News | RalliesVF Q1 FY27 operating loss narrows 4.08% to $83.07 million; revenue falls 5% to $1.67 billion
V
VFC• Brand performance and outlook
- The North Face revenue rose 6% while Vans revenue fell 8%.
- CEO Bracken Darrell said Vans wholesale should improve significantly in the second half.
- VF raised its FY2027 revenue outlook to +2% or better versus last year, up from prior guidance of +1% to +2%.
VF reports narrower Q1 loss as revenue declines
- VF posted a GAAP diluted loss per share of $0.25 in Q1 FY2027, narrowing from a $0.30 loss a year earlier.
- Revenue fell 5% to $1.67 billion from the prior-year quarter, with GAAP operating loss at $83.07 million on a (5.0)% margin.
- Gross margin rose 1 percentage point to 54.9%, while net debt dropped $1.1 billion, down 20% year over year.
