V F CORP
For the period ended Mar 30, 2024. Filed May 23, 2024.
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FY2024 · Filed May 23, 2024
VFC$20.88+2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of
Consolidated Statements of Operations
| Year Ended March | |||
|---|---|---|---|
| (In thousands, except per share amounts) | 2024 | 2023 | 2022 |
| Net revenues | $10,454,667 | $11,612,475 | $11,841,840 |
| Costs and operating expenses | |||
| Cost of goods sold | 5,017,445 | 5,515,796 | 5,386,393 |
| Selling, general and administrative expenses | 4,963,718 | 5,033,977 | 4,823,243 |
| Impairment of goodwill and intangible assets | 507,566 | 735,009 | — |
| Total costs and operating expenses | 10,488,729 | 11,284,782 | 10,209,636 |
| Operating income (loss) | (34,062) | 327,693 | 1,632,204 |
| Interest income | 21,628 | 9,758 | 5,006 |
| Interest expense | (245,036) | (174,390) | (136,469) |
| Loss on debt extinguishment | — | — | (3,645) |
| Other income (expense), net | 23,785 | (119,774) | 26,154 |
| Income (loss) from continuing operations before income taxes | (233,685) | 43,287 | 1,523,250 |
| Income tax expense (benefit) | 735,197 | (75,297) | 306,981 |
| Income (loss) from continuing operations | (968,882) | 118,584 | 1,216,269 |
| Income from discontinued operations, net of tax | — | — | 170,672 |
| Net income (loss) | $(968,882) | $118,584 | $1,386,941 |
| Earnings (loss) per common share - basic | |||
| Continuing operations | $(2.49) | $0.31 | $3.12 |
| Discontinued operations | — | — | 0.44 |
| Total earnings (loss) per common share - basic | $(2.49) | $0.31 | $3.55 |
| Earnings (loss) per common share - diluted | |||
| Continuing operations | $(2.49) | $0.31 | $3.10 |
| Discontinued operations | — | — | 0.43 |
| Total earnings (loss) per common share - diluted | $(2.49) | $0.31 | $3.53 |
| Weighted average shares outstanding | |||
| Basic | 388,360 | 387,763 | 390,291 |
| Diluted | 388,360 | 388,370 | 392,411 |
F-6 VF Corporation Fiscal 2024 Form 10-K
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