Key Highlights

  • V.F. Corporation (NYSE:VFC) was quoted at USD 20.62 on November 5, 2026 in published market data, down 1.48% on the day but up 16.43% over one week and 43.79% over one month, inside the USD 2 billion to USD 10 billion Mid cap band.
  • Fiscal second quarter 2027 Revenue of USD 2,695.1 million fell 4% as reported from USD 2,802.7 million, yet grew 1% in constant currency excluding Dickies, and gross Margin widened 320 basis points to 55.4%.
  • Operating income reached USD 367.9 million, a 13.7% margin up 250 basis points, while adjusted Operating Income excluding Dickies came in at USD 364 million against guidance of about USD 315 million. Diluted EPS was USD 0.71 versus USD 0.48.
  • The North Face grew 4% to USD 1,207.3 million and Timberland rose 4% to USD 525.9 million, while Vans fell 10% to USD 547.6 million, and full year guidance of constant dollar revenue growth of 2% or better was reaffirmed.

Fiscal Second Quarter Results Anchor the Month's Gain

Shares were at USD 20.62 on November 5, 2026, after a 1.48% pullback in the latest session. V.F. Corporation (NYSE:VFC) reported fiscal second quarter 2027 on October 28, 2026 for the quarter ended September 26, 2026. Published market data shows 16.43% over one week, 43.79% over one month, 38.95% over three months and 7.01% over six months, and the year to date reading was not visible. Net Income came to USD 285.3 million. Outdoor revenue of USD 1,733.2 million rose 4%, generating segment profit of USD 362.2 million, while Active revenue of USD 700.3 million fell 8% with segment profit of USD 50.3 million. Americas revenue rose 5% in constant currency excluding Dickies, reaching USD 1,322.4 million.

Margins and Debt Reduction Mark a Turnaround Ahead of Plan

The turnaround is running ahead of plan on profit measures. Adjusted operating income of USD 364 million beat the roughly USD 315 million guided, a gap of about USD 49 million (calculated). Gross margin widened by 320 basis points, and net debt fell USD 1.1 billion, or 20%, from a year earlier. Direct to consumer revenue rose 1% to USD 915.2 million, while wholesale slid 6% to USD 1,779.9 million. Full year guidance calls for an adjusted Operating Margin of about 8% and year-end Leverage of 2.6x to 2.9x. A low base rebound at an apparel company carrying a meaningful debt load can be sharp, and this is general context.

Vans, Inventory Build and a Debt Stack Still to Work Through

Vans fell 10%, Other Brands dropped 22%, EMEA slid 6% to USD 1,011.8 million and APAC fell 7% to USD 361.0 million. Inventories climbed 7% to USD 1,984.4 million, and cash stood at USD 443.0 million. Long-term debt of USD 3,004.8 million sat alongside USD 499.6 million due within a year, about USD 3.5 billion in total (calculated). Shareholders of record on December 10, 2026 receive the USD 0.09 quarterly Dividend on December 17, 2026. Consensus figures, the P/E ratio, the 52-week range and average Volume were not captured. The stock fell 1.48% in the latest session, so the move may reverse, and a small number of trades can move the price.

Where Things Stand

Despite Vans falling 10%, V.F. Corporation (NYSE:VFC) gained 43.79% in a month because fiscal second quarter 2027 results beat guidance on operating income, gross margin widened and leverage eased. That monthly advance placed the shares among the mid cap leaders in a published market data snapshot covering 969 stocks. At USD 20.62, the stock has risen 38.95% over three months. The test now is whether Vans stabilizes and whether the 2% constant dollar revenue growth target holds.