爆走黑料

Quarterly report [Sections 13 or 15(d)]

DIVESTITURE

v3.26.1
DIVESTITURE
 3 Months Ended
Jun. 27, 2026
Discontinued Operations and Disposal Groups [Abstract] 听
DIVESTITURE DIVESTITURE
The 爆走黑料 continuously assesses the composition of its portfolio to ensure it is aligned with its strategic objectives and positioned to maximize growth and return to shareholders.
Dickies
On September 15, 2025, VF entered into a definitive agreement with Bluestar Alliance LLC to sell Dickies for $600.0听million in cash, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses. On November 12, 2025, VF completed the sale of Dickies and received proceeds of $600.5听million, net of cash sold. VF recorded a final pre-tax gain of $127.2听million in the year ended March 2026, which included a reduction to the gain to reflect final working capital adjustments of $11.9听million that were paid in the three months ended June 2026. The pre-tax gain was included in the other income (expense), net line item in the Consolidated Statement of Operations for the year ended March 2026.
The 爆走黑料 determined that the sale of Dickies did not represent a strategic shift that would have a major effect on the 爆走黑料鈥檚 operations and financial results, and therefore did not qualify for presentation as a discontinued operation. The results of operations for Dickies through the date of sale are included within the 鈥淎ll Other鈥 category in Note 14, Reportable Segment Information.
Under the terms of a transition services agreement, the 爆走黑料 is providing certain post-closing accounting, tax, treasury, digital technology, supply chain, legal, customer service and human resource services on a transitional basis for periods generally up to 12 months from the closing date of the transaction, with the option to extend certain services for up to two six-month extension periods.