V.F. Corp beats top-line and bottom-line estimates; initiates Q3 and FY outlook

* V.F. Corp press release [https://seekingalpha.com/pr/20281388-vf-corporation-releases-second-quarter-fiscal-2026-financial-results] (NYSE:VFC [https://seekingalpha.com/symbol/VFC]): Q2 Non-GAAP EPS of $0.52 beats by $0.10.
* Revenue of $2.8B (+1.4% Y/Y) beats by $70M.
* Net debt down $1.5B or (21%) vs. LY. Net debt excluding lease liabilities down $1.5B or (27%) vs. LY

Q3'26 AND FY'26 FINANCIAL OUTLOOK1

* Q3'26:

* Revenue (3%) to (1%) C$ vs. LY
* Adjusted operating income of $275M to $305M

* FY'26:

* Free cash flow up vs. LY, includes known and anticipated tariff impacts

* Adjusted operating income up vs. LY
* Operating cash flow up vs. LY

MORE ON V.F. CORP

* Sell V.F. Corporation: Stock Price, Revenues, And Gross Profits In Decline [https://seekingalpha.com/article/4828216-sell-vf-corporation-stock-price-revenues-and-gross-profits-in-decline]
* V.F. Corp.: A Bullish $220 Million Loss On Dickies [https://seekingalpha.com/article/4823871-vf-corp-stock-bullish-220-million-loss-on-dickies-sale]
* V.F. Corporation (VFC) Presents at Wells Fargo 8th Annual Consumer Conference Transcript [https://seekingalpha.com/article/4823836-v-f-corporation-vfc-presents-at-wells-fargo-8th-annual-consumer-conference-transcript]
* Curreen Capital Partners adds V.F. Corp, Kontoor Brands in Q3 [https://seekingalpha.com/news/4508803-curreen-capital-partners-adds-vf-corp-kontoor-brands-in-q3]
* V.F. Corp Q2 2026 Earnings Preview [https://seekingalpha.com/news/4508843-v-f-corp-q2-2026-earnings-preview]