VF Corporation has reported revenue of $9.5 billion in FY25, down 4 per cent YoY, with adjusted operating income of $556 million, marking a strong recovery from a prior loss.
Net debt was cut by $1.8 billion, reducing leverage to 4.1x.
The North Face and Timberland grew, while Vans and Dickies declined.
VF expects Q1 FY26 revenue to dip 3-5 per cent.