Operating income of VF Corporation worldwide from 2005 to 2023

VF Corporation's operating income worldwide from 2005 to 2023

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Release date

May 2023

Region

Worldwide

Survey time period

2005 to 2023*

Supplementary notes

* VF Corp operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. VF previously used a 52/53 week fiscal year ending on the Saturday closest to December 31 of each year. All references to the periods ended March 2023, March 2022, March 2021, March 2020, March 2019, December 2017, December 2016 and December 2015 relate to the 52-week fiscal years ended March 28, 2020, March 30, 2019, December 30, 2017, December 31, 2016 and January 2, 2016, respectively, and all references to the period ended December 2014 relate to the 53-week fiscal year ended January 3, 2015.
** Transition period three months ended March 2018 (unaudited).
Operating income figures Reflects adoption of accounting standards update 2017-07, "Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" and the restatement of prior periods to conform to current year presentation. For the years ended December 2017, 2016, and 2015, operating income increased and other income (expense), net decreased by $9.9 million, $87.2 million and $35.6 million, respectively. In the three months ended March 2018, operating income decreased and other income (expense), net increased by $1.3 million.
Numbers for 2005 to 2018 are taken from previous editions of VF Corporation's Annual Report.

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