VF Corporation (0R30.L) Q1 2026 Earnings Report

Revenue: $1.76 billion (YoY: -7.69%, QoQ: -17.87%)
Net Income: -$126.59 million (YoY: loss increase of 51.10%)
Cash Flow: Operating cash flow was -$145.46 million, reflecting challenges in generating cash from operations amid declining sales.
Balance Sheet: Total assets amounted to $10.15 billion with total liabilities of $8.86 billion, resulting in a manageable debt-to-equity ratio of approximately 4.42. This suggests a significantly leveraged capital structure but with adequate liquidity, as cash at the end of the period was $642.39 million. Management's focus on reducing inventory levels is crucial for restoring profitability and cash flow efficiency in upcoming quarters.