Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.24.2.u1
REPORTABLE SEGMENT INFORMATION
 3 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract]  
REPORTABLE SEGMENT INFORMATION REPORTABLE SEGMENT INFORMATION
VF's President and Chief Executive Officer, who is considered the Company's CODM, allocates resources and assesses performance based on a global brand view that represents VF's operating segments. The operating segments have been evaluated and combined into reportable segments because they meet the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance.
The Company's reportable segments have been identified as: Outdoor, Active and Work.
Financial information for VF's reportable segments is as follows:
  Three Months Ended June
(In thousands) 2024 2023
Segment revenues:
Outdoor $ 790,199  $ 829,697 
Active 942,139  1,066,009 
Work 174,963  190,630 
Total segment revenues $ 1,907,301  $ 2,086,336 
Segment profit (loss):
Outdoor $ (83,415) $ (43,661)
Active 98,549  123,782 
Work 5,328  6,831 
Total segment profit 20,462  86,952 
Impairment of goodwill and intangible assets
 (145,000) — 
Corporate and other expenses
 (117,305) (99,511)
Interest expense, net (55,677) (49,719)
Loss before income taxes
 $ (297,520) $ (62,278)