v3.26.1
RESTRUCTURING (Tables)
 3 Months Ended
Jun. 27, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The type of cost and respective location of restructuring charges related to Reinvent within VF’s Consolidated Statements of Operations for the three months ended June 2026 and 2025, and the cumulative charges recorded since the inception of Reinvent were as follows:
Three Months Ended JuneCumulative Charges
(In thousands)20262025
Type of CostLocation
Severance and employee-related benefitsSG&A expenses$— $11,248 $138,040 
Severance and employee-related benefitsCost of goods sold— 4,225 10,003 
Contract termination and otherSG&A expenses— 326 1,063 
Contract termination and otherCost of goods sold— — 157 
Asset impairments and write-downsSG&A expenses6,397 2,200 56,736 
Gain on the sale of fixed assetsSG&A expenses(17,600)— (17,600)
Pension withdrawalSG&A expenses— — 5,216 
Curtailment gainsOther income (expense), net— (531)(1,467)
Accelerated depreciationSG&A expenses— — 1,317 
Accelerated depreciationCost of goods sold— — 339 
Total Reinvent Restructuring Charges$(11,203)$17,468 $193,804 
The type of cost and respective location of Other Restructuring Charges within VF’s Consolidated Statements of Operations for the three months ended June 2026 and 2025 were as follows:
Three Months Ended June
(In thousands)20262025
Type of CostLocation
Severance and employee-related benefitsSG&A expenses$2,363 $— 
Severance and employee-related benefitsCost of goods sold45 — 
Total Other Restructuring Charges$2,408 $— 
Other Restructuring Charges by reportable segment and the “All Other” category were as follows:
Three Months Ended June
(In thousands)20262025
Outdoor$50 $— 
Active1,095 — 
All Other29 — 
Corporate and other1,234 — 
Total$2,408 $— 
Schedule of Activity in Restructuring Accrual
The activity in the restructuring accrual related to Reinvent and Other Restructuring Charges for the three-month period ended June 2026 was as follows:
(In thousands)Severance
Accrual at March 2026$31,042 
Restructuring charges2,408 
Cash payments and settlements(4,909)
Adjustments to accruals(862)
Impact of foreign currency46 
Accrual at June 2026$27,725