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home / news releases / v f corporation vfc q3 2024 earnings call transcript


VFC - V.F. Corporation (VFC) Q3 2024 Earnings Call Transcript

2024-02-06 20:47:10 ET

V.F. Corporation (VFC)

Q3 2024 Earnings Conference Call

February 06, 2024, 04:30 PM ET

Company Participants

Allegra Perry - Vice President, Investor Relations

Bracken Darrell - President and Chief Executive Officer

Matt Puckett - EVP and Chief Financial Officer

Conference Call Participants

Michael Bennett - Evercore

Brooke Roach - Goldman Sachs

Adrienne Yih - Barclays

Laurent Vasilescu - BNP Paribas

Matthew Boss - JPMorgan

Robert Drbul - Guggenheim

Paul Lejuez - Citi

James Duffy - Stifel

Jay Sole - UBS

Dana Telsey - Telsey Advisory Group

Ike Boruchow - Wells Fargo

Presentation

Operator

Greetings, and welcome to the VF Corporation Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Allegra Perry, Vice President of Investor Relations. Thank you. You may begin.

Allegra Perry

Good afternoon, and welcome to VF Corporation's third quarter fiscal 2024 conference call. Participants on today's call will make forward-looking statements. These statements are based on current expectations and are subject to uncertainties that could cause actual results to differ materially. These uncertainties are detailed in documents filed regularly with the SEC.

Unless otherwise noted, amounts referred to on today's call will be on an adjusted constant dollar basis which we've defined in the press release that was issued this afternoon, and which we use as lead numbers in our discussion, because we believe they more accurately represent the true operational performance and underlying results of our business.

You may also hear us refer to reported amounts, which are in accordance with U.S. GAAP. Reconciliations of GAAP measures to adjusted amounts can be found in the supplemental financial tables included in the press release, which identify and quantify all excluded items and provide management's view of why this information is useful to investors.

Joining me on the call will be VF's President and Chief Executive Officer, Bracken Darrell; and EVP and Chief Financial Officer, Matt Puckett. Following our prepared remarks, we'll open the call for questions.

I'll now hand over to Bracken.

Bracken Darrell

Hello, everyone. Thanks for joining us. It's nice to be here with you for my second earnings call with VF six months in.

Before I get started, I'd like to let you know about an important development within my leadership team. Matt Puckett, who's sitting right next to me, will be stepping down as our CFO later this year. He and I have agreed that it's time to make a change as part of the overall transformation efforts we're introducing across the company. Matt will stay on until we appoint his successor to help ensure a smooth transition....

For further details see:

V.F. Corporation (VFC) Q3 2024 Earnings Call Transcript
Stock Information

Company Name: V.F. Corporation
Stock Symbol: VFC
Market: NYSE
Website: vfc.com

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