VF raises FY2027 revenue outlook after Q1 sales beat driven by North Face, Timberland gains and DTC growth

• VF posted Q1 fiscal 2027 revenue of about $1.7 billion, flat year over year, with operating performance slightly ahead of its outlook.
• Raised full-year revenue outlook to up 2% or better, citing Q1 execution and improved visibility into the second half.
• Brand trends diverged: The North Face grew 4% on stronger-than-expected demand; Timberland rose 3%; Vans fell 9%.
• DTC rose 5% while wholesale fell 4%; gross margin increased to 54.9% despite a 140-basis-point FX drag.
• Net debt fell $1.1 billion year over year; inventories excluding Dickies and FX dropped 4%; free cash flow rose about $75 million, including $50 million tariff refunds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VF Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.