VF(US:VFC) Xi Niu Cai Jing·2025-11-19 07:07Core Insights - VF Corporation has completed the sale of Dickies to Bluestar Alliance for $600 million in cash, reflecting a strategic shift within the company [2] Financial Performance - Dickies reported total sales of $542.1 million for the fiscal year ending March 31, 2025, a decline of 12.3% from $618.4 million the previous year and a 35.2% drop from $837.2 million in fiscal year 2022 [6] - VF Corporation's revenue for the second quarter of fiscal year 2026, ending September 27, 2025, was $2.8 billion, representing a 2% year-over-year increase but a 1% decrease when adjusted for constant currency [6] - The North Face and Timberland brands showed positive growth, with revenues increasing by 6% and 7% respectively, while Vans experienced a 9% decline [6] Strategic Direction - The sale of Dickies and Supreme indicates VF Corporation's ongoing strategic transformation [7] - The company anticipates a revenue decline of 1%-3% for the third quarter of fiscal year 2026, with adjusted operating profit expected to be between $275 million and $305 million [7]