VF Corp Q1 FY27: revenue down 5% on Dickies exit, loss narrows to $97M, securities suit filed

Filed July 29, 2026 · Period ending June 27, 2026 · Compared to 10-Q Jul 30, 2025 · ~1 min read

Key Changes

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  Securities class action filed in Colorado federal court alleging false/misleading statements Sept 2022–May 2025; company filed motion to dismiss, outcome uncertain.

  Legal Proceedings verify on EDGAR →
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  Dickies sale closed Nov 2025 for $600.5M net proceeds; Q1 revenue down 6% from divestiture, offset by gross margin expansion to 54.9% (+100bp).

  MD&A: Dickies Divestiture verify on EDGAR →
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  IEEPA tariff refunds: $49M received in Q1, $100.8M receivable; $37.3M reduced cost of goods sold, partially offset by $37.6M vendor reimbursement liability.

  MD&A: IEEPA Tariffs verify on EDGAR →