VF Corp Q2 FY2027: Revenue $2.7B, EPS $0.71— 10-Q Summary

What happened

VF Corp reported second-quarter fiscal 2027 revenue of $2.7B, down 3.8% from a year earlier, while net income rose 50.3% to $285.3M and diluted EPS increased 47.9% to $0.71. The sale of Dickies reduced revenue by $140M.

Confirmed

Global impact / market context

Profit jumped even as revenue fell, which suggests lower costs or one-time gains boosted results rather than stronger sales. For investors, that gap matters because earnings growth may not persist if it came from cost cuts or the Dickies sale rather than the core brands.

Analyst inference

Results were mixed by brand: The North Face and Timberland each grew 4%, Outdoor segment profit rose 20%, but Vans fell 10% and Active revenue dropped 8%. Direct-to-consumer and digital grew slightly while wholesale fell 6%, showing a shift toward selling directly to shoppers.

Analyst inference

What to watch

1. VF said it is addressing evolving tariffs through sourcing changes, vendor negotiations and selective price increases, which means raising some product prices, while continuing to monitor risks. Confirmed
2. Watch whether Vans revenue keeps falling 10% and whether wholesale keeps declining 6%, since continued weakness there could offset growth at The North Face and Timberland. Analyst inference
3. Watch whether the profit increase holds once the Dickies sale, which cut revenue by $140M, is no longer part of year-over-year comparisons. Analyst inference

Evidence

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