Lifestyle clothing conglomerate VF Corp (NYSE: VFC) reported Q4 CY2025 results beating Wall Street’s revenue expectations, with sales up 4.9% year on year to $2.83 billion. On the other hand, next quarter’s revenue guidance of $2.02 billion was less impressive, coming in 2.5% below analysts’ estimates. Its non-GAAP profit of $0.61 per share was 37.9% above analysts’ consensus estimates.
Is now the time to buy VF Corp? Find out by accessing our full research report, it’s free.
VF Corp (VFC) Q4 CY2025 Highlights:
- Revenue: $2.83 billion vs analyst estimates of $2.75 billion (4.9% year-on-year growth, 3.1% beat)
- Adjusted EPS: $0.61 vs analyst estimates of $0.44 (37.9% beat)
- Revenue Guidance for Q1 CY2026 is $2.02 billion at the midpoint, below analyst estimates of $2.08 billion
- Operating Margin: 8%, in line with the same quarter last year
- Market Capitalization: $7.92 billion
Company Overview
Owner of The North Face, Vans, and Supreme, VF Corp (NYSE: VFC) is a clothing conglomerate specializing in branded lifestyle apparel, footwear, and accessories.
Revenue Growth
Reviewing a company’s long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Unfortunately, VF Corp struggled to consistently increase demand as its $9.15 billion of sales for the trailing 12 months was close to its revenue five years ago. This wasn’t a great result and suggests it’s a low quality business.
Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. VF Corp’s recent performance shows its demand remained suppressed as its revenue has declined by 6.2% annually over the last two years. 
This quarter, VF Corp reported modest year-on-year revenue growth of 4.9% but beat Wall Street’s estimates by 3.1%. Company management is currently guiding for a 1% year-on-year increase in sales next quarter.
Looking further ahead, sell-side analysts expect revenue to grow 2.3% over the next 12 months. While this projection indicates its newer products and services will catalyze better top-line performance, it is still below average for the sector.
While Wall Street chases Nvidia at all-time highs, an under-the-radar semiconductor supplier is dominating a critical AI component these giants can’t build without. Click here to access our free report one of our favorites growth stories.
Operating Margin
Operating margin is a key measure of profitability. Think of it as net income - the bottom line - excluding the impact of taxes and interest on debt, which are less connected to business fundamentals.
VF Corp’s operating margin has risen over the last 12 months and averaged 2.1% over the last two years. The company’s higher efficiency is a breath of fresh air, but its suboptimal cost structure means it still sports inadequate profitability for a consumer discretionary business.
In Q4, VF Corp generated an operating margin profit margin of 8%, in line with the same quarter last year. This indicates the company’s overall cost structure has been relatively stable.
Earnings Per Share
Revenue trends explain a company’s historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions.
Sadly for VF Corp, its EPS declined by 7.6% annually over the last five years while its revenue was flat. This tells us the company struggled because its fixed cost base made it difficult to adjust to choppy demand.
In Q4, VF Corp reported adjusted EPS of $0.61, down from $0.62 in the same quarter last year. Despite falling year on year, this print easily cleared analysts’ estimates. Over the next 12 months, Wall Street expects VF Corp’s full-year EPS of $0.76 to grow 21.8%.
Key Takeaways from VF Corp’s Q4 Results
It was good to see VF Corp beat analysts’ EPS expectations this quarter. We were also happy its revenue outperformed Wall Street’s estimates. On the other hand, its revenue guidance for next quarter missed. Overall, this print had some key positives. The stock traded up 5.8% to $21.45 immediately following the results.
VF Corp had an encouraging quarter, but one earnings result doesn’t necessarily make the stock a buy. Let’s see if this is a good investment. If you’re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here (it’s free).
