Exhibit 99 VF CORPORATION REPORTS SECOND QUARTER FISCAL 2025 RESULTS DENVER, October 28, 2024 - VF Corporation (NYSE: VFC) today reported financial results for its second quarter (Q2'FY25) ended September 28, 2024, and the Company's Board of Directors authorized a quarterly per share dividend of $0.09. Bracken Darrell, President and CEO, said: "Our results in the quarter met our expectations and reflect a sequential and broad-based improvement in year-on-year trends. At the same time, we made further progre ...

Core Viewpoint - V.F. Corporation (VFC) is expected to report declines in both revenue and earnings for the second quarter of fiscal 2025, with revenues estimated at $2.8 billion, reflecting a 7.3% decrease year-over-year, and earnings projected at 42 cents per share, indicating a 33.3% decline from the previous year [1] Group 1: Financial Performance Expectations - The Zacks Consensus Estimate for VFC's quarterly revenues is $2.8 billion, down 7.3% from the prior-year quarter [1] - The consensus estimate for earnings is 42 cents per share, a decrease of 33.3% from the year-ago quarter [1] - V.F. Corp has experienced earnings surprises in the past, but has missed the Zacks Consensus Estimate in the trailing four quarters [1][5] Group 2: Operational Challenges - V.F. Corp is facing a tough operating environment characterized by inflationary pressures and soft performance across various regions and channels [2] - The wholesale business in the United States is particularly challenged, with major partners adopting a cautious approach to forward orders [2] - Brands like The North Face and Vans are experiencing weak sales, struggling to connect with core customer bases due to shifting consumer preferences and increased competition [3] Group 3: Brand-Specific Issues - The North Face is facing challenges in maintaining its premium positioning while appealing to a broader audience, leading to weak sales [3] - Vans is dealing with a saturated sneaker market and declining appeal among younger customers, contributing to its sales decline [3] - Elevated promotional activity and higher costs are further impacting VFC's bottom-line performance [3] Group 4: Management Insights and Future Outlook - Management anticipates a slight year-over-year increase in SG&A expenses due to holiday season spending and reinvestments, offset by cost-saving measures [4] - Sales for Vans and The North Face are expected to decline by 17.7% and 4.7%, respectively, with overall sales in the Americas projected to fall by 6.5% year-over-year [4] - The company's transformation program, Reinvent, aims to enhance brand focus and improve operating performance, with four key objectives including improving North America performance and reducing costs [4] Group 5: Valuation and Market Performance - V.F. Corp stock is trading at a premium valuation with a forward price/earnings ratio of 20.52, compared to the industry average of 12.84 [6] - Over the past three months, VFC's shares have decreased by 1.6%, while the industry has seen a growth of 9.9% [6]

A negative analyst note weighed on the stock.Shares of VF (VFC -3.60%) were getting dinged again this week as the struggling apparel company that owns Vans and North Face got a bearish analyst note.With Treasury yields rising this week, investor expectations for near-term growth also seem to be weakening -- higher yields are a sign that Federal Reserve rate cuts may not come as fast as some had expected.As of 1:02 p.m. ET on Thursday, the stock was down 15.2% for the week, according to data from S&P Global ...

Wall Street analysts expect V.F. (VFC) to post quarterly earnings of $0.44 per share in its upcoming report, which indicates a year-over-year decline of 30.2%. Revenues are expected to be $2.84 billion, down 6.5% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's earnings d ...

Core Insights - VF Corporation's shares declined after being placed on JPMorgan's "Negative Catalyst Watch" list, indicating concerns about the company's financial outlook [1][2] - JPMorgan analysts reduced their fiscal 2025 earnings per share (EPS) estimate for VF Corporation to 65 cents, which is 35% lower than the Wall Street consensus [1] - The analysts cited an 8% year-over-year revenue decline, which is also worse than consensus forecasts [1] Group 1: Financial Performance - The EPS estimate cut reflects ongoing challenges, with a noted decline in revenue impacting the company's financial health [1][2] - VF Corporation's shares fell nearly 7% in intraday trading and have lost close to 3% of their value since the beginning of the year [2] Group 2: Market Challenges - There are "continued wholesale challenges" at The North Face, with retailers hesitant to take inventory risks due to warmer weather conditions affecting sales [2] - The analysts observed "ongoing traffic headwinds globally" across VF Corporation's brand portfolio, which is negatively impacting direct-to-consumer revenues [2] Group 3: Analyst Rating - JPMorgan maintained a "neutral" rating on VF Corporation's stock, setting a price target of $16, suggesting a potential downside of about 12% from the current intraday price of $18.25 [2]

Wall Street expects a year-over-year decline in earnings on lower revenues when V.F. (VFC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 28. On the ...

V.F. Corporation (NYSE: VFC ), recognized for its diverse portfolio of lifestyle brands such as Vans, The North Face, and Timberland, is currently at a pivotal juncture in its corporate journey and is my top retail turn around idea.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...

Core Insights - EssilorLuxottica has completed the acquisition of the Supreme® brand from VF Corporation for a total purchase price of $1.5 billion in cash, subject to customary adjustments [1] Group 1: Acquisition Details - The acquisition has been cleared by all relevant competition authorities, indicating regulatory approval for the transaction [1] - The deal represents a significant investment in the lifestyle segment for EssilorLuxottica, enhancing its brand portfolio [1] Group 2: Company Background - EssilorLuxottica is recognized as a global leader in the optical industry, while VF Corporation is a leader in branded lifestyle apparel, footwear, and accessories [1]

In the latest trading session, V.F. (VFC) closed at $18.65, marking no change from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.36%.Heading into today, shares of the maker of brands such as Vans, North Face and Timberland had gained 12.35% over the past month, outpacing the Consumer Discretionary sector's gain of 2.68% and the S&P 500's gain of 2.06% in tha ...

Core Viewpoint - V.F. Corporation (VFC) has achieved a 31.7% stock appreciation over the past three months, significantly outperforming the industry and S&P 500, driven by its Reinvent transformation program, cost-reduction initiatives, and a strengthened balance sheet [1] Group 1: Financial Performance - V.F. Corp's stock closed at $18.65, nearing its 52-week high of $20.69, reflecting a 70% premium from its 52-week low [1] - The company generated $50 million in cost savings in the first quarter of fiscal 2025 through its Reinvent program, with expectations of $300 million in fixed cost savings by the first half of fiscal 2025 [4] - V.F. Corp anticipates mid-to-high single-digit CAGR in revenues and high single to low double-digit CAGR in earnings from fiscal 2023 to 2027, aiming for a 15% operating margin by fiscal 2027 [6] Group 2: Strategic Initiatives - The Reinvent transformation program focuses on brand-building, improving operational performance, and targets four key objectives: enhancing North American performance, revitalizing the Vans brand, reducing costs, and strengthening the balance sheet [4] - The divestiture of the Supreme brand is aimed at refocusing on core business operations and improving financial flexibility by reducing leverage [5] Group 3: Brand Performance and Challenges - V.F. Corp is experiencing challenges with its key brands, The North Face and Vans, with a 9% year-over-year sales decline in the first quarter of fiscal 2025 [7] - The North Face faces competition and shifting consumer preferences, while Vans is struggling with a saturated sneaker market and declining appeal among younger customers [8] - Despite these challenges, there are expectations for gradual improvements in the fundamentals of the Vans brand over the next four to six quarters [6]