VF Corp. Beats Expectations in Q3 with Wholesale Growth

January 29, 2025

VF Corp. beat its estimates in the third quarter, with revenue growth at The North Face and Timberland, while Vans and Dickies showed more signs of improvement.

The results were driven by better-than-expected DTC revenue, which decreased 3% year-over-year. Wholesale sales grew by 8%, with increased wholesale re-orders and fewer cancellations in the quarter ended Dec. 31. Digital sales decreased by 3% in the quarter. VF’s DTC store count was down to 1,160 in December compared to 1,255 in 2023. SES