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V F CORP

For the period ended Jun 28, 2025. Filed Jul 30, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2025 · Filed Jul 30, 2025

VFC$20.88+2.6%Stored close · as of Nov 9, 2026

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Goodwill

NOTE 7 —GOODWILL

Changes in goodwill are summarized by reportable segment and the "All Other" category as follows:

(In thousands)OutdoorActiveAll Other (a)Total
Balance, March 2025$102,146$328,449$172,791$603,386
Foreign currency translation8212,5144,84717,443
Balance, June 2025$102,228$340,963$177,638$620,829

(a)"All Other" is included for purposes of reconciliation of goodwill, but it is not considered a reportable segment. "All Other" includes the Dickies®, Altra®, Smartwool®, Napapijri® and Icebreaker® brands.

In connection with the realignment of the Company's segment reporting structure, the Company allocated goodwill related to Timberland PRO to the Timberland reporting unit as of the first day of the first quarter of Fiscal 2026. As a result of the change in reportable segments, the Company performed impairment assessments both before and after the segment change became effective, and no impairment of goodwill was identified. Balances as of March 2025 have been retrospectively adjusted to reflect

the reallocation. Refer to Note 14 for additional information regarding the Company's reportable segments.

Accum ulated impairment charges for the Outdoor reportable segment and the "All Other" category were $730.2 million and$138.8 million, respectively, as of June 2025 and March 2025. No impai rment charges were recorded during thethree months ended June 2025.

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