VF Corp. reported better-than-anticipated sales for the third quarter ending 31st December, driven by strong performances from The North Face and Timberland. Revenue increased 2 per cent to US $ 2.8 billion, exceeding previous guidance of a 1-3 per cent decline.
The North Face saw a 5 per cent sales increase, while Timberland experienced an 11 per cent uplift. Vans showed “sequential improvement” despite a 9 per cent decrease, and Dickies reported a 10 per cent decline. Sales were positive across all regions, with the Americas and EMEA each up 1 per cent, and APAC up 5 per cent.
Operating income reached US $ 324 million, significantly surpassing the guidance range of US $ 170 million to US $ 200 million. Net debt decreased by US $ 1.9 billion compared to the previous year.
President and CEO of VF Corp told media platforms that the company made strong progress in Q3 ’25, improving profitability and further strengthening the balance sheet.
Looking ahead, VF Corp. expects fourth-quarter revenue to decline by 4-6 per cent, resulting in a 1-2 per cent decline for the second half of the year. The company raised its full-year free cash flow guidance to US $ 440 million. This positive Q3 performance follows a 6 per cent sales drop in the second quarter, which the company stated was in line with expectations.
