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Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION

v3.24.2.u1
REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION
 3 Months Ended
Jun. 29, 2024
Segment Reporting [Abstract] Ìý
REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION REPORTABLE ߣ¹ÜÍøÕ¾GMENT 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:
Ìý Three Months Ended June
(In thousands) 2024 2023
Segment revenues:
Outdoor $ 790,199Ìý $ 829,697Ìý
Active 942,139Ìý 1,066,009Ìý
Work 174,963Ìý 190,630Ìý
Total segment revenues $ 1,907,301Ìý $ 2,086,336Ìý
Segment profit (loss):
Outdoor $ (83,415) $ (43,661)
Active 98,549Ìý 123,782Ìý
Work 5,328Ìý 6,831Ìý
Total segment profit 20,462Ìý 86,952Ìý
Impairment of goodwill and intangible assets
 (145,000) —Ìý
Corporate and other expenses
 (117,305) (99,511)
Interest expense, net (55,677) (49,719)
Loss before income taxes
 $ (297,520) $ (62,278)