V.F. Corp Completes Asset Acquisition/Disposition

Ticker: VFC · Form: 8-K · Filed: Oct 3, 2024 · CIK: 103379

Sentiment: neutral

Topics: acquisition, disposition, assets

Related Tickers: VFC

TL;DR

VFC just closed a deal on assets, details TBD.

AI Summary

On October 1, 2024, V. F. Corporation (VFC) reported the completion of an acquisition or disposition of assets. The filing does not specify the nature of the assets or the financial details of the transaction.

Why It Matters

This filing indicates a significant corporate action by V.F. Corp, which could impact its business structure, assets, and future financial performance.

Risk Assessment

Risk Level: medium — The completion of an acquisition or disposition of assets can introduce significant financial and operational risks, but the lack of specific details in this filing makes a precise risk assessment difficult.

Key Players & Entities

FAQ

What specific assets were acquired or disposed of by V. F. Corporation?

The filing does not specify the nature of the assets involved in the acquisition or disposition.

What was the date of the completion of the acquisition or disposition of assets?

The earliest event reported was October 1, 2024.

Does this filing include financial statements related to the transaction?

The filing indicates that financial statements and exhibits are included, but their specific content regarding the transaction is not detailed here.

What is V. F. Corporation's state of incorporation?

V. F. Corporation is incorporated in Pennsylvania.

What is the primary business address of V. F. Corporation?

The primary business address is 1551 Wewatta Street, Denver, CO 80202.

Filing Stats: 612 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-10-03 16:30:22

Filing Documents

01. Completion of Acquisition or Disposition of Assets

Item 2.01. Completion of Acquisition or Disposition of Assets. On October 2, 2024, V.F. Corporation ("VF") filed a Current Report on Form 8-K (the "Original 8-K") to disclose that, among other things, the previously announced sale of its Supreme brand business ("Supreme") was completed on October 1, 2024. In the Original 8-K, VF indicated that the pro forma financial information required by Item 9.01(b) of Form 8-K would be filed no later than October 7, 2024, which is the fourth business day following completion of the Supreme sale. This Current Report on Form 8-K (the "Current Report") is being filed to provide such pro forma financial information.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (b) Unaudited Pro Forma Condensed Consolidated Financial Information The following unaudited pro forma condensed consolidated financial statements of VF reflecting the sale of Supreme are filed as Exhibit 99.1 to this Current Report and are incorporated herein by reference: Unaudited Pro Forma Condensed Consolidated Balance Sheet as of June 29, 2024; Unaudited Pro Forma Condensed Consolidated Statements of Operations for the three months ended June 29, 2024 and for the years ended March 30, 2024, April 1, 2023 and April 2, 2022; Notes to the Unaudited Pro Forma Condensed Consolidated Financial Statements. (d) Exhibits. Exhibit No. Description 99.1 V.F. Corporation Unaudited Pro Forma Condensed Consolidated Financial Information 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. V.F. CORPORATION (Registrant) By: /s/ Paul Vogel Paul Vogel Executive Vice President and Chief Financial Officer Date: October 3, 2024

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