• Loading stock data...
Saturday, March 2, 2024

The North Face, Vans Parent Posts $3.6B in Quarter

  • VF Corporation reported strong results in fiscal Q3.
  • The outdoor apparel, sportswear, and footwear giant posted $3.6 billion in revenue.
The North Face/Design: Alex Brooks

Outdoor apparel, sportswear, and footwear giant VF Corporation reported strong results in its latest earnings report on Friday. 

The Denver-based company — which owns Timberland, Vans, Supreme, and The North Face — generated $3.6 billion in revenue in fiscal Q3, a 22% year-over-year increase. 

VF posted third-quarter revenue growth despite the modification of its business practices, including travel restrictions and temporary office and retail store closures. 

  • Its active segment — led by Vans — posted $1.4 billion in revenue, up 25% year-over-year.
  • The company’s outdoor segment generated $1.9 billion in revenue, up 23% year-over-year. 

VF’s strong results allowed the company to return roughly $500 million in cash to shareholders during the quarter. VF also reported that the majority of its supply chain is currently operating. 

A Supreme Deal

In December 2020, VF completed its acquisition of global streetwear brand Supreme in a deal valued at $2.1 billion. VF projects full-year revenue to reach about $11.85 billion, up 28% compared to FY2021. Roughly $600 million of VF’s full-year revenue is expected to come from Supreme.

Copy Link
Link Copied
Link Copied

What to Read


How Daily Fantasy Sports Solved NBA Fantasy

New Horizons in Sports How Daily Fantasy Sports Solved NBA Fantasy Presented…

Live Sports Are Now High-Tech Experiences

Oracle is leading the technology revolution happening in stadiums across the world.

NASCAR Capitalizes on the Sportswear Boom in a New Deal With ’47

With the new partnership between ’47 and NASCAR, racing fans can express their love like never before.

How Cisco and the NFL Are Shaping a More Inclusive Future

The NFL and Cisco partner to launch the NFL IT Apprenticeship Program.
podcast thumbnail mobile
Front Office Sports Today

Jenny Cavnar is Breaking Barriers During Oakland’s Strange Season


Featured Today

Sheer Madness: What You Need to Know About MLB’s New Uniform Saga

MLB’s reworked uniforms have become a major source of spring training controversy.
Oct 5, 2021; Kansas City, Missouri, USA; Bob Kendrick, president of the Negro Leagues Baseball Museum in Kansas City, points to the lettering outside of the museum Tuesday.
February 28, 2024

How Do You Keep Negro Leagues Baseball History Alive? Put It in a Video Game

Negro Leagues Baseball Museum attracting increased donations, visits from ‘MLB The Show.’
February 26, 2024

The Victor Wembanyama Rookie Card Market Hasn’t Matched His Hype

A cooling market and Fanatics autograph deal leaves big-money collectors waiting.
February 25, 2024

Sham Gods: The Rapidly Growing World of Sports Impersonators on X

Fake Schefters and Wojs, fabricated trade demands, and borrowed profile pictures.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple - USA Careers
Multiple - USA Careers
Multiple - USA Careers

Caitlin Clark Passes Shedeur Sanders to Top Fanatics’ NIL-Era Sales

The Iowa guard took the spot hours after her record-breaking game against Michigan on Thursday.
December 4, 2023

How the $1B Golf Ball Industry Might Add a Few Strokes To Your Game

A distance roll back is set to be coming to golf balls.
December 21, 2023

Nike Loses Jokić, but Posts Earnings, Income Increases

Denver Nuggets superstar embraces upstart Chinese brand 361 Degrees.

How LivePass is Redefining Ticketing for the Next Generation of Fans

The next wave of ticketing technology.
November 25, 2023

Sports Apparel Giants Looking For Holiday Season Turnaround

Once-surging category enters the critical selling period mired in a slump.
November 21, 2023

Upbeat Dick’s Earnings Counter Slowdown In Sports Apparel Market

Surprise earnings beat contrasts from other recent results in the category.
November 20, 2023

Messi Set To Challenge For Another Off-Pitch Record

Messi’s World Cup jerseys are headed for auction.
October 12, 2023

Liverpool Facing Further Stadium Delays Amid Shifting Financial Future

Liverpool is expanding its stadium capacity to 61,000.