<SEC-DOCUMENT>0001157523-18-001466.txt : 20180720
<SEC-HEADER>0001157523-18-001466.hdr.sgml : 20180720
<ACCEPTANCE-DATETIME>20180720065529
ACCESSION NUMBER:		0001157523-18-001466
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180720
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180720
DATE AS OF CHANGE:		20180720

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			V F CORP
		CENTRAL INDEX KEY:			0000103379
		STANDARD INDUSTRIAL CLASSIFICATION:	MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320]
		IRS NUMBER:				231180120
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05256
		FILM NUMBER:		18961437

	BUSINESS ADDRESS:	
		STREET 1:		105 CORPORATE CENTER BOULEVARD
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27408
		BUSINESS PHONE:		(336)424-6000

	MAIL ADDRESS:	
		STREET 1:		P. O. BOX 21488
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27420

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VF CORPORATION
		DATE OF NAME CHANGE:	19900621

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANITY FAIR MILLS INC
		DATE OF NAME CHANGE:	19690520
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51840020.htm
<DESCRIPTION>V.F. CORPORATION 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-size: 18pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 18pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 18pt"></font><font style="font-size: 18pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 10pt; font-family: Times New Roman">Washington,
      D.C. 20549</font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 16pt"><b>FORM 8-K</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>THE
      SECURITIES EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Date of
      Report (Date of earliest event reported): July 20, 2018</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman"><b>______________________________________________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt"><b>V.F. Corporation</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      Name of Registrant as Specified in Charter)</font><br><font style="font-family: Times New Roman"><b>______________________________________________</b></font><br>
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Pennsylvania</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-5256</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>23-1180120</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of Incorporation)
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>105 Corporate Center Boulevard</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Greensboro, North Carolina</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; width: 50%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>27408</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          (Address of Principal Executive Offices)
        </td>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          (Zip Code)
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>(336)
      424-6000</b></font><br>(<font style="font-size: 10pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code)</font><br><br>
    </p>
    <p style="font-size: 10pt; text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p style="font-size: 10pt; text-align: left">
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 ((&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company&#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160;<font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <hr style="color: #000000; text-align: center; width: 100%; height: 3.0 pt">


    <p>

    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 2.02.&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-indent: 30.0px">
      On July&#160;20, 2018, V.F. Corporation issued a press release setting forth
      its first quarter fiscal 2019 earnings.&#160;A copy of the press release is
      attached hereto as Exhibit 99.
    </p>
    <p style="text-indent: 30.0px">
      The information in this Current Report on Form 8-K, including Exhibit
      99, shall not be deemed to be &#8220;filed&#8221; for purposes of Section 18 of the
      Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or
      incorporated by reference into any filing under the Securities Act of
      1933, as amended, or the Exchange Act, except as shall be expressly set
      forth by specific reference in such a filing.
    </p>
    <p style="text-indent: 60.0px">

    </p>
    <p>
      <b>Item 9.01. &#160;Financial Statements and Exhibits.</b>
    </p>
    <p>
      (d)&#160;&#160;&#160;Exhibits.
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: right; width: 9%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="text-align: left; width: 89%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 9%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 89%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; width: 9%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51840020ex99.htm">99</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: left; width: 89%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51840020ex99.htm">V.F. Corporation press release dated
            July 20, 2018.</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <hr style="color: #000000; text-align: center; width: 100%; height: 3.0 pt">


    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>V.F. CORPORATION</u>
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          (Registrant)
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="text-align: left; width: 10%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 52%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 3%; padding-left: 0.0px" valign="top">
          By:
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; border-bottom-style: solid; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Scott A. Roe
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Scott A. Roe
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President and Chief Financial Officer
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="text-align: left; width: 10%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 52%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="text-align: left; width: 10%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="text-align: left; width: 52%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            July 20, 2018
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 10%">

        </td>
      </tr>
    </table>
    </div>
    <hr style="color: #000000; text-align: center; width: 100%; height: 3.0 pt">


    <p>

    </p>
    <p style="text-align: center">

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a51840020ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>VF
      Reports First Quarter Fiscal 2019 Results; Raises Full Year Fiscal 2019
      Outlook</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Revenue
        from continuing operations increased 23 percent (up 21 percent in
        constant dollars) to $2.8 billion; revenue from continuing operations
        increased 12 percent (up 10 percent in constant dollars) excluding the
        revenue contribution from acquisitions;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Active
        segment revenue increased 25 percent (up 22 percent in constant
        dollars) including a 35 percent (32 percent in constant dollars)
        increase in </b></font><b><i><font style="font-size: 12pt; font-family: Times New Roman">Vans</font><sup><font style="font-size: 12pt; font-family: Times New Roman">&#174;</font></sup></i><font style="font-size: 12pt; font-family: Times New Roman">
        brand revenue; Outdoor segment revenue increased 6 percent (up 3
        percent in constant dollars) including an 8 percent (5 percent in
        constant dollars) increase in </font><i><font style="font-size: 12pt; font-family: Times New Roman">The
        North Face</font><sup><font style="font-size: 12pt; font-family: Times New Roman">&#174;</font></sup></i><font style="font-size: 12pt; font-family: Times New Roman">
        brand revenue and a 6-percentage point revenue growth contribution
        from acquisitions;</font></b>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>International
        revenue increased 27 percent (up 22 percent in constant dollars),
        including a 13-percentage point revenue growth contribution from
        acquisitions;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Direct-to-consumer
        revenue increased 22 percent (up 20 percent in constant dollars),
        including a 6-percentage point revenue growth contribution from
        acquisitions; Digital revenue increased 54 percent (up 50 percent in
        constant dollars), including a 21-percentage point revenue growth
        contribution from acquisitions;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Gross
        margin from continuing operations increased 70 basis points to 50.3
        percent; on an adjusted basis, gross margin increased 90 basis points
        to 50.5 percent; excluding the impact of acquisitions, on an adjusted
        basis, gross margin increased 170 basis points to 51.3 percent;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Earnings
        per share from continuing operations was $0.40. Adjusted earnings per
        share from continuing operations increased 62 percent (up 56 percent
        in constant dollars) to $0.43, including a $0.04 contribution from
        acquisitions;</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Full
        year fiscal 2019 revenue is now expected to be in the range of $13.6
        billion to $13.7 billion, reflecting an increase of 10 percent to 11
        percent; and,</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Full
        year fiscal 2019 adjusted earnings per share is now expected to be in
        the range of $3.52 to $3.57, reflecting an increase of 12 percent to
        14 percent.</b></font>
      </li>
    </ul>
    <p>
      GREENSBORO, N.C.--(BUSINESS WIRE)--July 20, 2018--VF Corporation (NYSE:
      VFC) today reported financial results for its first quarter ended June
      30, 2018.&#160;All per share amounts are presented on a diluted basis. This
      release refers to &#8220;reported&#8221; and &#8220;constant dollar&#8221; amounts, terms that
      are described under the heading &#8220;Constant Currency - Excluding the
      Impact of Foreign Currency.&#8221; Unless otherwise noted, &#8220;reported&#8221; and
      &#8220;constant dollar&#8221; amounts are the same. This release also refers to
      &#8220;continuing&#8221; and &#8220;discontinued&#8221; operations amounts, which are concepts
      described under the heading &#8220;Discontinued Operations - <i>Nautica<sup>&#174;
      </sup></i>Brand Business and Licensing Business.&#8221; Unless otherwise
      noted, results presented are based on continuing operations. This
      release also refers to &#8220;adjusted&#8221; amounts, terms that are described
      under the heading &#8220;Adjusted Amounts - Excluding Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i>
      and <i>Altra<sup>&#174;</sup></i> Transaction and Deal Related Expenses
      and the Provisional Impact of U.S. Tax Legislation.&#8221; Unless otherwise
      noted, &#8220;reported&#8221; and &#8220;adjusted&#8221; amounts are the same.
    </p>
    <p>
      &#8220;VF's first quarter results were strong, driven by continued broad based
      acceleration across our core brands and platforms,&#8221; said Steve Rendle,
      Chairman, President and Chief Executive Officer. &#8220;We are executing well
      against our 2021 growth plan and continuing on our journey to reshape
      the portfolio and transform VF into a purpose-led, performance driven,
      consumer-centric organization focused on and committed to delivering
      superior returns to shareholders.&#8221;
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Reportable Segment Change</b></i>
    </p>
    <p>
      In light of recently completed acquisitions, divestitures, and
      organizational realignments, the company has changed its reporting
      structure to better support and assess the operations of the business.
      The company's new reportable segments are Outdoor, Active, Work and
      Jeans. In this release, the company has recast historical financial
      information to reflect the new reportable segments. The recast
      historical financial information is included in the attached
      supplemental financial tables.
    </p>
    <p>
      <i><b>Constant Currency - Excluding the Impact of Foreign Currency</b></i>
    </p>
    <p>
      This release refers to &#8220;reported&#8221; amounts in accordance with U.S.
      generally accepted accounting principles (&#8220;GAAP&#8221;), which include
      translation impacts from foreign currency exchange rates. This release
      also refers to &#8220;constant dollar&#8221; amounts, which exclude the impact of
      translating foreign currencies into U.S. dollars. Reconciliations of
      GAAP measures to constant currency amounts are presented in the
      supplemental financial information included with this release, which
      identifies and quantifies all excluded items, and provides management&#8217;s
      view of why this information is useful to investors.
    </p>
    <p>
      <i><b>Discontinued Operations - Nautica</b><sup>&#174; </sup><b>Brand
      Business and Licensing Business</b></i>
    </p>
    <p>
      On April 30, 2018, the company completed the sale of its <i>Nautica<sup>&#174;</sup></i>
      brand business. Accordingly, the company has classified the assets and
      liabilities of the <i>Nautica<sup>&#174;</sup></i> brand business as
      held-for-sale through the date of sale and has included the operating
      results of this business in discontinued operations for all periods
      presented.
    </p>
    <p>
      On April 28, 2017, the company completed the sale of its Licensed Sports
      Group (LSG) business, including the <i>Majestic<sup>&#174;</sup></i>
      brand. In conjunction with the LSG divestiture, VF executed its plan to
      entirely exit the licensing business and completed the sale of the
      assets of the <i>JanSport<sup>&#174;</sup></i> brand collegiate business
      in the fourth quarter of 2017. Accordingly, the company has removed the
      assets and liabilities of the licensing business as of the dates noted
      above and included the operating results of these businesses in
      discontinued operations for all periods presented.
    </p>
    <p>
      The company&#8217;s after-tax net income from discontinued operations was $0.4
      million in the first quarter of fiscal 2019, which includes the
      operating results of the <i>Nautica<sup>&#174; </sup></i>brand business
      during the period through the date of sale.
    </p>
    <p>
      <i><b>Adjusted Amounts - Excluding Williamson-Dickie, Icebreaker</b><sup>&#174;</sup><b>
      and Altra</b><sup>&#174;</sup><b> Transaction and Deal Related Expenses
      and the Provisional Impact of U.S. Tax Legislation</b></i>
    </p>
    <p>
      This release refers to adjusted amounts that exclude transaction and
      deal related expenses associated with the acquisitions of
      Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>.
      Total transaction and deal related expenses were approximately $19
      million in the first quarter of fiscal 2019.
    </p>
    <p>
      Adjusted amounts in this release also exclude the provisional amounts
      recorded due to recent U.S. tax legislation. On December 22, 2017, the
      U.S. government enacted comprehensive tax legislation commonly referred
      to as the Tax Cuts and Jobs Act. Measurement period adjustments related
      to the provisional net charge resulted in a benefit of approximately $3
      million in the first quarter of fiscal 2019.
    </p>
    <p>
      Combined, the above net charges negatively impacted earnings per share
      by $0.03 during the first quarter of fiscal 2019. All adjusted amounts
      referenced herein exclude the effects of these amounts.
    </p>
    <p>
      Reconciliations of measures calculated in accordance with GAAP to
      adjusted amounts are presented in the supplemental financial information
      included with this release, which identifies and quantifies all excluded
      items, and provides management&#8217;s view of why this information is useful
      to investors.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>First Quarter Fiscal 2019 Income Statement Review</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Revenue</b> increased 23 percent (up 21 percent in constant
        dollars) to $2.8 billion, including a $249 million revenue
        contribution from the Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i>
        and <i>Altra<sup>&#174;</sup> </i>acquisitions. Excluding
        acquisitions, revenue increased 12 percent (up 10 percent in constant
        dollars), driven by broad-based strength across VF&#8217;s international and
        direct-to-consumer platforms and Active and Work segments.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Gross margin</b> improved 70 basis points to 50.3 percent, as
        benefits from a mix-shift toward higher margin businesses and
        continued focus on fundamentals were partially offset by the impact of
        acquisitions. On an adjusted basis, gross margin increased 90 basis
        points to 50.5 percent. Adjusted gross margin, excluding acquisitions,
        increased 170 basis points to 51.3 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Operating income</b> on a reported basis was $231 million. On an
        adjusted basis, operating income increased 57 percent to $250 million,
        including an $20 million contribution from acquisitions. <b>Operating
        margin</b> on a reported basis increased 130 basis points to 8.3
        percent. Adjusted operating margin increased 200 basis points to 9.0
        percent. Adjusted operating margin, excluding acquisitions, increased
        210 basis points to 9.1 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Earnings per share</b> was $0.40 on a reported basis. On an
        adjusted basis, earnings per share increased 62 percent (56 percent in
        constant dollars) to $0.43, including a $0.04 contribution from
        acquisitions.
      </li>
    </ul>
    <p>
      <i><b>Balance Sheet Highlights</b></i>
    </p>
    <p>
      Inventories were up 20 percent compared with the same period last year.
      Excluding the impact of acquisitions, inventories increased 2 percent.
      The company has $4 billion remaining under its current share repurchase
      authorization.
    </p>
    <p>
      <i><b>Adjusted Full Year Fiscal 2019 Outlook</b></i>
    </p>
    <p>
      The following outlook for fiscal year 2019 is on an adjusted basis and
      has been updated to include the following:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Revenue</b> is now expected to be in the range of $13.6 billion to
        $13.7 billion, reflecting an increase of 10 percent to 11 percent, and
        includes more than a $150 million negative impact from unfavorable
        foreign currency exchange rates relative to the prior outlook. This
        compares to the previous expectation of revenue between $13.45 billion
        and $13.55 billion, which reflected a 9 percent to 10 percent
        increase. By segment, revenue for <b>Outdoor </b>is expected to
        increase 6 percent to 8 percent; revenue for<b> Active</b> is expected
        to increase 13 percent to 14 percent; revenue for <b>Work</b> is
        expected to increase more than 35 percent; and, revenue for <b>Jeans </b>is
        expected to be about flat compared to the prior year.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>International </b>revenue is now expected to increase between 12
        percent and 13 percent versus the previous expectation of a 13 percent
        to 15 percent increase. By geographic region, Europe revenue is
        expected to increase 12 percent to 13 percent (previously 13 percent
        to 15 percent); Asia Pacific revenue is expected to increase 14
        percent to 15 percent (previously 15 percent to 17 percent); and,
        Americas (non-U.S.) revenue is expected to increase 9 percent to 10
        percent (previously 10 percent to 12 percent).
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Direct-to-consumer</b> revenue is now expected to increase between
        11 percent and 13 percent versus the previous expectation of an 8
        percent to 10 percent increase. Digital revenue is now expected to
        increase more than 30 percent versus the previous expectation of a
        more than 25 percent increase.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Gross margin</b> is still expected to approximate 51 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Operating margin</b> is now expected to increase 70 basis points to
        about 13.4 percent, versus the previous expectation of about 13.2
        percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Earnings per share</b> is now expected to be in the range of $3.52
        to $3.57, reflecting an increase of 12 percent to 14 percent, and
        includes about a $0.06 negative impact from unfavorable foreign
        currency exchange rates relative to the prior outlook. This compares
        to the previous expectation of $3.48 to $3.53, which reflected an
        increase of between 11 percent and 13 percent.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Cash flow from operations</b> is now expected to exceed $1.7
        billion (up from $1.6 billion previously).
      </li>
      <li style="margin-bottom: 10.0px">
        Other full year assumptions include an <b>effective tax rate </b>of
        approximately 16.5 percent (down from 17 percent previously)<b> </b>and
        <b>capital expenditures</b> of approximately $275 million.
      </li>
    </ul>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Dividend Declared</b></i>
    </p>
    <p>
      VF&#8217;s Board of Directors declared a quarterly dividend of $0.46 per
      share, payable on September 20, 2018 to shareholders of record on
      September 10, 2018.
    </p>
    <p>
      <i><b>Webcast Information</b></i>
    </p>
    <p>
      VF will host its first quarter fiscal 2019 conference call beginning at
      8:30 a.m. Eastern Time today. The conference call will be broadcast live
      via the internet, accessible at ir.vfc.com. For those unable to listen
      to the live broadcast, an archived version will be available at the same
      location.
    </p>
    <p>
      <i><b>Presentation</b></i>
    </p>
    <p>
      A presentation on first quarter fiscal 2019 results will be available at
      ir.vfc.com beginning at approximately 7:30 a.m. Eastern Time today and
      will be archived at the same location.
    </p>
    <p>
      <i><b>About VF</b></i>
    </p>
    <p>
      VF Corporation (NYSE: VFC) outfits consumers around the world with its
      diverse portfolio of iconic lifestyle brands, including <i>Vans<sup>&#174;</sup>,
      The North Face<sup>&#174;</sup></i>,&#160;<i>Timberland<sup>&#174;</sup>,
      Wrangler<sup>&#174;</sup> </i>and<i> Lee<sup>&#174;</sup></i>. Founded
      in 1899, VF is one of the world&#8217;s largest apparel, footwear and
      accessories companies with socially and environmentally responsible
      operations spanning numerous geographies, product categories and
      distribution channels. VF is committed to delivering innovative products
      to consumers and creating long-term value for its customers and
      shareholders. For more information, visit&#160;<u>www.vfc.com</u>.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Forward-looking Statements</b></i>
    </p>
    <p>
      Certain statements included in this release and attachments are
      &#8220;forward-looking statements&#8221; within the meaning of the federal
      securities laws. Forward-looking statements are made based on our
      expectations and beliefs concerning future events impacting VF and
      therefore involve several risks and uncertainties. You can identify
      these statements by the fact that they use words such as &#8220;will,&#8221;
      &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; and &#8220;may&#8221; and other words
      and terms of similar meaning or use of future dates. We caution that
      forward-looking statements are not guarantees and that actual results
      could differ materially from those expressed or implied in the
      forward-looking statements. Potential risks and uncertainties that could
      cause the actual results of operations or financial condition of VF to
      differ materially from those expressed or implied by forward-looking
      statements in this release include, but are not limited to: foreign
      currency fluctuations; the level of consumer demand for apparel,
      footwear and accessories; disruption to VF&#8217;s distribution system; VF's
      reliance on a small number of large customers; the financial strength of
      VF's customers; fluctuations in the price, availability and quality of
      raw materials and contracted products; disruption and volatility in the
      global capital and credit markets; VF's response to changing fashion
      trends, evolving consumer preferences and changing patterns of consumer
      behavior, intense competition from online retailers, manufacturing and
      product innovation; increasing pressure on margins; VF's ability to
      implement its business strategy; VF's ability to grow its international
      and direct-to-consumer businesses; VF&#8217;s and its customers&#8217; and vendors&#8217;
      ability to maintain the strength and security of information technology
      systems; stability of VF's manufacturing facilities and foreign
      suppliers; continued use by VF's suppliers of ethical business
      practices; VF&#8217;s ability to accurately forecast demand for products;
      continuity of members of VF&#8217;s management; VF's ability to protect
      trademarks and other intellectual property rights; possible goodwill and
      other asset impairment; maintenance by VF&#8217;s licensees and distributors
      of the value of VF&#8217;s brands; VF's ability to execute and integrate
      acquisitions; changes in tax laws and liabilities; legal, regulatory,
      political and economic risks; and adverse or unexpected weather
      conditions. More information on potential factors that could affect VF's
      financial results is included from time to time in VF's public reports
      filed with the Securities and Exchange Commission, including VF's Annual
      Report on Form 10-K and Quarterly Reports on Form 10-Q.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="12" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="12" valign="top">
          <b>Condensed Consolidated Statements of Income</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="12" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="12" valign="top">
          <b>(In thousands, except per share amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="7" valign="top">
          <b>Three Months Ended June</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="top">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net sales</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,765,695
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,252,590
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          23
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Royalty income</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          22,451
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          16,030
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          40
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Total revenues</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          2,788,146
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          2,268,620
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          23
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Costs and operating expenses</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cost of goods sold
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,384,977
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,142,476
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          21
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Selling, general and administrative expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,172,287
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          966,468
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          21
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 30.0px" valign="bottom">
          Total costs and operating expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          2,557,264
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          2,108,944
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          21
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          230,882
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          159,676
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          45
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (23,884
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (20,607
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          16
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Other income (expense), net</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (20,666
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (3,217
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          *
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          186,332
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          135,852
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          37
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Income taxes</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          26,379
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          28,760
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          (8
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Income from continuing operations</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          159,953
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          107,092
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          49
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Income from discontinued operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          405
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          2,797
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          *
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Net income</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          160,358
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          109,889
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          46
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Earnings per common share - basic <sup>(b)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Continuing operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          50
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Discontinued operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          0.01
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          *
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Total earnings per common share - basic</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          0.28
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          47
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Earnings per common share - diluted <sup>(b)</sup></b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Continuing operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.40
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          50
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Discontinued operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          0.01
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          *
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Total earnings per common share - diluted</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          0.40
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          0.27
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          46
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Weighted average shares outstanding</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Basic
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          394,165
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          397,065
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Diluted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          399,548
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          400,512
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Cash dividends per common share</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.46
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          * Calculation not meaningful
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="12" valign="bottom">
          <b>Basis of presentation of condensed consolidated financial
          statements:</b> VF operates and reports using a 52/53 week fiscal
          year. In connection with the change in fiscal year end to the
          Saturday closest to March 31 from the Saturday closest to December
          31, VF's current fiscal year will run from April 1, 2018 through
          March 30, 2019 (&#8220;Fiscal 2019&#8221;). For presentation purposes herein,
          all references to periods ended June 2018 and June 2017 relate to
          the 13-week fiscal period ended June 30, 2018 and the 13-week fiscal
          period ended July 1, 2017, respectively, and references to March
          2018 relate to the balance sheet as of March 31, 2018.
        </td>
      </tr>
      <tr>
        <td colspan="12">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="12" valign="bottom">
          <sup>(a)</sup> In the first quarter of fiscal 2019, the Company
          adopted ASU 2017-07, <i>&quot;Compensation - Retirement Benefits (Topic
          715): Improving the Presentation of Net Periodic Pension Cost and
          Net Periodic Postretirement Benefit Cost&quot;</i> and restated the
          prior period to conform to current year presentation. For the three
          months ended June 2017, operating income increased and other income
          (expense), net decreased by $1.6 million.
        </td>
      </tr>
      <tr>
        <td colspan="12">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="12" valign="bottom">
          <sup>(b)</sup> Amounts have been calculated using unrounded numbers.
        </td>
      </tr>
      <tr>
        <td colspan="11">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="15" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="15" valign="top">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="15" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="15" valign="top">
          <b>(In thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>June</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>March</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>June</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2017</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Current assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash and equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          467,917
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          680,762
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          672,045
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,428,535
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,408,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,143,573
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,993,825
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,861,441
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,663,052
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          439,870
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          732,533
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          418,980
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          4,330,147
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          4,683,323
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3,897,650
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Property, plant and equipment</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,018,164
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,011,617
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          903,024
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Goodwill and intangible assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          4,000,438
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3,813,329
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3,213,690
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Other assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          843,005
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          803,041
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,159,364
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          10,191,754
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          10,311,310
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          9,173,728
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>LIABILITIES AND STOCKHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Current liabilities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Short-term borrowings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,316,923
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,525,106
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          921,109
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Current portion of long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          6,189
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          6,265
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          253,783
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Accounts payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          675,581
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          583,004
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          492,480
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Accrued liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,001,602
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,024,454
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          763,771
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3,000,295
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3,138,829
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2,431,143
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Long-term debt</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2,156,627
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2,212,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2,111,623
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Other liabilities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,308,455
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          1,271,830
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          986,623
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Total liabilities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          6,465,377
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          6,623,214
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          5,529,389
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Stockholders' equity</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          3,726,377
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          3,688,096
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          3,644,339
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Total liabilities and stockholders' equity</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          10,191,754
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          10,311,310
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          9,173,728
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="8">

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>Condensed Consolidated Statements of Cash Flows</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>(In thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="8" valign="bottom">
          <b>Three Months Ended June</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2018 <sup>(a)</sup></b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Operating activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          160,358
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          109,889
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          71,130
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          65,470
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="top">
          Other adjustments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          45,656
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          30,257
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cash provided by operating activities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          277,144
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          205,616
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Investing activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Business acquisitions, net of cash received
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (321,395
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Proceeds from sale of businesses, net of cash sold
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          288,273
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          208,215
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Capital expenditures
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (68,919
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (37,355
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Software purchases
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (21,546
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (13,074
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (5,643
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (324
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash (used) provided by investing activities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (129,230
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          157,462
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Financing activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Net (decrease) increase from short-term borrowings, long-term debt
          and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (215,940
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          631,635
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Purchases of treasury stock
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (762,007
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Cash dividends paid
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (181,517
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (164,893
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Proceeds from issuance of Common Stock, net of shares withheld for
          taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          53,500
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          11,430
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash used by financing activities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (343,957
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (283,835
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Effect of foreign currency rate changes on cash, cash equivalents
          and restricted cash</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (19,998
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          (10,583
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: left; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net change in cash, cash equivalents and restricted cash</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (216,041
        </td>
        <td style="padding-right: 0.0px; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; text-align: right; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          68,660
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Cash, cash equivalents and restricted cash - beginning of year</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          689,190
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="2" valign="bottom">
          608,280
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Cash, cash equivalents and restricted cash - end of period</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          473,149
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 2.25pt; border-bottom-color: black; text-align: right; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          676,940
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="11" valign="bottom">
          <sup>(a)</sup> The cash flows related to discontinued operations
          have not been segregated, and are included in the Condensed
          Consolidated Statements of Cash Flows.
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; margin-bottom: 10pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; margin-bottom: 10.0px; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="18" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="18" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="18" valign="top">
          <b>Reportable Segment Information</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="18" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" colspan="18" valign="top">
          <b>(In thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" colspan="7" valign="bottom">
          <b>Three Months Ended June</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-width: 1.0pt; border-bottom-color: black; text-align: center; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" rowspan="2" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>% Change Constant</b><br><b> Currency <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td rowspan="2">

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom" rowspan="2">
          <b>% Change Organic <sup>(b)</sup></b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>2017 <sup>(a)</sup></b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          568,600
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          536,250
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          3%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,136,937
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          909,290
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          25
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          22%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          25
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          442,602
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          206,857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          114
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          114%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          8
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          603,767
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          587,903
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          36,240
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          28,320
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          28
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          28%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          28
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          2,788,146
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          2,268,620
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          23
        </td>
        <td style="text-align: left; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          21%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          12
        </td>
        <td style="text-align: left; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment profit (loss)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (83,495
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (62,018
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (35
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (31)%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          269,197
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          184,628
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          46
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          42%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          55,244
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          34,159
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          62
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          62%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          87,049
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          81,258
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          2,160
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (322
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="bottom">
          *
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          330,155
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          237,705
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          39
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          36%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (119,939
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (81,246
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          48
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          47%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (23,884
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (20,607
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          16
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          16%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          186,332
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          135,852
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          37
        </td>
        <td style="text-align: left; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-bottom: 4.0px; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          32%
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            VF's reportable segments reflect how the chief operating decision
            maker allocates resources and assesses performance and are
            comprised of the following primary brands:
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          Outdoor - Outdoor apparel, footwear and equipment
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Primary brands: <i>The North Face<sup>&#174;</sup></i>, <i>Timberland<sup>&#174;</sup></i>
            (excluding <i>Timberland PRO<sup>&#174;</sup></i>), <i>Smartwool<sup>&#174;</sup></i>,
            <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          Active - Active apparel, footwear and accessories
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Primary brands: <i>Vans<sup>&#174;</sup></i>, <i>Kipling<sup>&#174;</sup></i>,
            <i>Napapijri<sup>&#174;</sup></i>, <i>JanSport<sup>&#174;</sup></i>,
            <i>Reef<sup>&#174;</sup></i>, <i>Eastpak<sup>&#174;</sup></i> and <i>Eagle
            Creek<sup>&#174;</sup></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          Work - Work and work-inspired lifestyle apparel and footwear and
          occupational apparel
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Primary brands: <i>Dickies<sup>&#174;</sup></i>, <i>Bulwark<sup>&#174;</sup></i>,
            <i>Red Kap<sup>&#174;</sup></i>, <i>Timberland PRO<sup>&#174;</sup></i>,
            <i>Wrangler<sup>&#174;</sup> RIGGS</i>, <i>Walls<sup>&#174;</sup></i>,
            <i>Terra<sup>&#174;</sup></i>, <i>Kodiak<sup>&#174;</sup></i> and <i>Horace
            Small<sup>&#174;</sup></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          Jeans - Denim and casual apparel
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Primary brands: <i>Wrangler<sup>&#174;</sup></i> (excluding <i>Wrangler<sup>&#174;</sup>
            RIGGS</i>), <i>Lee<sup>&#174;</sup></i> and <i>Rock &amp; Republic<sup>&#174;</sup></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          Other - not considered a reportable segment
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Sales of non-VF products at <i>VF Outlet<sup>&#174;</sup></i>
            stores and results from transition services related to the sale of <i>Nautica<sup>&#174;</sup></i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            The business segment information provided above reflects the
            changes in the Company's operating structure for all periods
            presented. These changes had no impact on VF's consolidated
            results of operations.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          <sup>(a)</sup> Refer to constant currency definition on the
          following pages.
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <sup>(b)</sup> Excludes the operating results of
            Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup>.</i>
            Refer to Non-GAAP financial information on &quot;Reconciliation of
            Select GAAP to Non-GAAP Measures&quot; page for additional information.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="18" valign="bottom">
          * Calculation not meaningful
        </td>
      </tr>
      <tr>
        <td colspan="18">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="13">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="16" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="16" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="16" valign="top">
          <b>Reportable Segment Information &#8211; Constant Currency Basis</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="16" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="16" valign="top">
          <b>(In thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="13" valign="bottom">
          <b>Three Months Ended June 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>As Reported</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>Adjust for Foreign</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="top">
          <b>under GAAP</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="top">
          <b>Currency Exchange</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="top">
          <b>Constant Currency</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          568,600
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (15,843
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          552,757
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,136,937
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (26,862
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,110,075
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          442,602
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (509
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          442,093
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          603,767
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (2,436
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          601,331
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          36,240
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          36,240
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          2,788,146
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          (45,650
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          2,742,496
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment profit (loss)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (83,495
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,993
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (81,502
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          269,197
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (7,338
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          261,859
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          55,244
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          55,250
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          87,049
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (1,943
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          85,106
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          2,160
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          2,160
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          330,155
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (7,282
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          322,873
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Corporate and other expenses</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (119,939
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          383
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (119,556
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Interest, net</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (23,884
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (23,884
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Income from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          186,332
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          (6,899
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          179,433
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Diluted earnings per share growth</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          50
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          45
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="16" valign="bottom">
          <b>Constant Currency Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="16" valign="top">
          VF is a global company that reports financial information in U.S.
          dollars in accordance with GAAP. Foreign currency exchange rate
          fluctuations affect the amounts reported by VF from translating its
          foreign revenues and expenses into U.S. dollars. These rate
          fluctuations can have a significant effect on reported operating
          results. As a supplement to our reported operating results, we
          present constant currency financial information, which is a non-GAAP
          financial measure that excludes the impact of translating foreign
          currencies into U.S. dollars. We use constant currency information
          to provide a framework to assess how our business performed
          excluding the effects of changes in the rates used to calculate
          foreign currency translation. Management believes this information
          is useful to investors to facilitate comparison of operating results
          and better identify trends in our businesses.
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="16" valign="top">
          To calculate foreign currency translation on a constant currency
          basis, operating results for the current year period for entities
          reporting in currencies other than the U.S. dollar are translated
          into U.S. dollars at the average exchange rates in effect during the
          comparable period of the prior year (rather than the actual exchange
          rates in effect during the current year period).
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="16" valign="top">
          These constant currency performance measures should be viewed in
          addition to, and not in lieu of or superior to, our operating
          performance measures calculated in accordance with GAAP. The
          constant currency information presented may not be comparable to
          similarly titled measures reported by other companies.
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>Reconciliation of Select GAAP Measures to Non-GAAP Measures</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>(In thousands, except per share amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>Three Months Ended June 2018</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>As Reported</b><br><b>under GAAP</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Transaction and</b><br><b> Deal Related</b><br><b> Costs <sup>(a)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Impact of Tax</b><br><b> Act<sup> (b)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Adjusted</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Contribution</b><br><b> from</b><br><b> Acquisitions <sup>(c)</sup></b>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Adjusted</b><br><b> Organic</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Revenues</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,788,146
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,788,146
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (248,822
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,539,324
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Gross profit</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,403,169
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          4,323
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,407,492
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (105,423
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,302,069
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>50.3</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>50.5</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>42.4</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>51.3</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Operating income</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          230,882
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          19,155
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          250,037
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (20,164
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          229,873
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          <i><b>Percent</b></i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>8.3</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>9.0</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>8.1</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <i>9.1</i>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <i>%</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Diluted earnings per share from continuing operations <sup>(d)</sup></b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          0.40
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          0.04
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          0.43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          (0.04
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          0.39
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          <sup>(a) </sup>Transaction and deal related costs for the three
          months ended June 2018 include acquisition and integration costs
          related to the acquisitions of Williamson-Dickie and the <i>Icebreaker<sup>&#174;</sup></i>
          and <i>Altra<sup>&#174;</sup></i> brands. The transaction and deal
          related costs resulted in a net tax benefit of $3.5 million. The
          diluted earnings per share impact was calculated using 399,548,000
          shares.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          <sup>(b)</sup> On December 22, 2017, the U.S. government enacted
          comprehensive tax legislation commonly referred to as the Tax Cuts
          and Jobs Act (&#8220;Tax Act&#8221;). Measurement period adjustments related to
          the provisional net charge were recorded during the three months
          ended June 30, 2018, resulting in a tax benefit of $2.9 million. The
          diluted earnings per share impact was calculated using 399,548,000
          shares.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          <sup>(c)</sup> The contribution from acquisitions represents the
          operating results of Williamson-Dickie for the three months ended
          June 2018, the operating results of <i>Icebreaker<sup>&#174;</sup></i>
          beginning on the acquisition date of April 3, 2018 and the operating
          results of <i>Altra<sup>&#174; </sup></i>beginning on the
          acquisition date of June 1, 2018. The operating results of all
          acquisitions exclude transaction and deal related costs. The
          contribution from acquisitions resulted in tax expense of $3.2
          million and the diluted earnings per share impact was calculated
          using 399,548,000 shares.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          <sup>(d)</sup> Amounts shown in the table have been calculated using
          unrounded numbers.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="bottom">
          <b>Non-GAAP Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          The financial information above has been presented on a GAAP basis,
          on an adjusted basis, which excludes the impact of transaction and
          deal related costs and the provisional impact of tax reform, and on
          an adjusted organic basis, which excludes the operating results of
          Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i> and <i>Altra<sup>&#174;</sup></i>.
          Contributions from acquisitions also exclude transaction and deal
          related costs. These adjusted presentations are non-GAAP measures.
          Management believes these measures provide investors with useful
          supplemental information regarding VF's underlying business trends
          and the performance of VF's ongoing operations and are useful for
          period-over-period comparisons of such operations.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="top">
          Management uses the above financial measures internally in its
          budgeting and review process and, in some cases, as a factor in
          determining compensation. While management believes that these
          non-GAAP financial measures are useful in evaluating the business,
          this information should be considered as supplemental in nature and
          should be viewed in addition to, and not in lieu of or superior to,
          VF's operating performance measures calculated in accordance with
          GAAP. In addition, these non-GAAP financial measures may not be the
          same as similarly titled measures presented by other companies.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="19">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>Top 5 Brand Revenue Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="25" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="19">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="19" valign="bottom">
          <b>Three Months Ended June 2018</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>Top 5 Brand Revenue Growth</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>Americas</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>EMEA</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>APAC</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>Global</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <i><b>Vans<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          36%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          33%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          34%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          35%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          36%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          32%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <i><b>The North Face<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          21%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          32%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          8%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          12%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          26%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <i><b>Timberland<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (11)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (14)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1)%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <i><b>Wrangler<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (5)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <i><b>Lee<sup>&#174;</sup></b></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (4)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;&#160;&#160;% change constant currency*
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3)%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1)%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="25" valign="bottom">
          *Refer to constant currency definition on previous pages.
        </td>
      </tr>
      <tr>
        <td colspan="25">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="5">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Geographic and Channel Revenue Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="5" valign="bottom">
          <b>Three Months Ended June 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>% Change</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>% Change Constant</b><br><b> Currency*</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>% Change Organic <sup>(a)</sup></b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Geographic Revenue Growth</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>U.S.</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>20%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>20%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>11%</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          EMEA
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          32%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          24%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          18%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          APAC
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          24%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          China
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          45%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          35%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          31%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Americas (non-U.S.)
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          21%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          23%
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>International</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>27%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>22%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>14%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="5" valign="bottom">
          <b>Three Months Ended June 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>% Change</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>% Change Constant</b><br><b> Currency*</b>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>% Change Organic <sup>(a)</sup></b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Channel Revenue Growth</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Wholesale</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>23%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>21%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>10%</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Direct-to-consumer</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>22%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>20%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>16%</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          <b>Digital</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>54%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>50%</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>33%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>As of June</b>
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>2018 <sup>(b)</sup></b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>DTC Store Count</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Total</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1,513</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1,432</b>
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="7" valign="bottom">
          *Refer to constant currency definition on previous pages.
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="7" valign="bottom">
          <sup>(a)</sup> Excludes the operating results of Williamson-Dickie, <i>Icebreaker<sup>&#174;</sup></i>
          and <i>Altra<sup>&#174;</sup>.</i> Refer to Non-GAAP financial
          information on &quot;Reconciliation of Select GAAP to Non-GAAP Measures&quot;
          page for additional information.
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="7" valign="bottom">
          <sup>(b)</sup> The June 2018 DTC store count includes 97
          Williamson-Dickie, <i>Icebreaker<sup><b>&#174; </b></sup></i>and <i>Altra<sup><b>&#174;</b></sup></i>
          stores.
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="top">
          <b>VF CORPORATION</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="top">
          <b>Supplemental Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="top">
          <b>Revised Reportable Segment Information - Trailing Twelve Months
          Ended March 31, 2018</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="top">
          <b>(In thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Three Months Ended</b><br><b>July 1, 2017</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Three Months Ended</b><br><b>September 30, 2017</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Three Months Ended</b><br><b>December 30, 2017</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Three Months Ended</b><br><b>March 31, 2018</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="3" valign="bottom">
          <b>Trailing Twelve</b><br><b>Months Ended </b><br><b>March 31, 2018</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment revenues</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          536,250
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,381,002
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,456,654
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          888,039
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,261,945
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          909,290
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,089,616
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          983,983
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,071,598
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          4,054,487
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          206,857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          210,062
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          482,827
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          442,258
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          1,342,004
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          587,903
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          682,884
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          692,506
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          623,266
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          2,586,559
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          28,320
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          29,370
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          33,313
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          20,285
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          111,288
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          Total segment revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          2,268,620
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          3,392,934
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          3,649,283
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          3,045,446
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          12,356,283
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Segment profit (loss)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Outdoor
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (62,018
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          250,596
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          275,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          44,673
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          508,760
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Active
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          184,628
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          273,092
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          198,872
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          237,620
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          894,212
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Work
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          34,159
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          34,260
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          57,509
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          40,024
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          165,952
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="bottom">
          Jeans
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          81,258
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          117,563
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          93,196
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          103,805
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          395,822
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 15.0px" valign="bottom">
          Other
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (322
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (782
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          209
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (3,074
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" colspan="2" valign="bottom">
          (3,969
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          Total segment profit
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          237,705
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          674,729
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          625,295
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          423,048
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; border-bottom-style: double; border-bottom-width: 2.25pt; padding-left: 0.0px; border-bottom-color: black" valign="bottom">
          1,960,777
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="21" valign="bottom">
          The information provided above reflects changes in VF's reportable
          segment information for all periods presented - see segment
          discussion at &quot;Supplemental Financial Information - Reportable
          Segment Information&quot; for additional detail.
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="21" valign="bottom">
          <b>Non-GAAP Financial Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="21" valign="top">
          In connection with the change in fiscal year end to the Saturday
          closest to March 31 from the Saturday closest to December 31, VF's
          current fiscal year will run from April 1, 2018 through March 30,
          2019 (&#8220;Fiscal 2019&#8221;).
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="21" valign="top">
          The financial metrics provided for the trailing twelve months ended
          March 31, 2018 are a non-GAAP measure and have been presented in
          order to provide a comparison that aligns with VF's new fiscal year
          end. Management believes these measures provide investors with
          useful supplemental information regarding VF's underlying business
          trends and the performance of VF's ongoing operations and are useful
          for period-over-period comparisons of such operations.
        </td>
      </tr>
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px" colspan="21" valign="top">
          Management uses the above financial measures internally in its
          budgeting and review process. While management believes that these
          non-GAAP financial measures are useful in evaluating the business,
          this information should be considered as supplemental in nature and
          should be viewed in addition to, and not in lieu of or superior to,
          VF's operating performance measures calculated in accordance with
          GAAP. In addition, these non-GAAP financial measures may not be the
          same as similarly titled measures presented by other companies.
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br><u><b>VF Corporation</b></u><br>Joe Alkire, 336-424-7711<br>Vice
      President, Corporate Development, Investor Relations and<br>Financial
      Planning &amp; Analysis<br>or<br>Craig Hodges, 336-424-5636<br>Senior
      Director, Corporate Communications
    </p>
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</DOCUMENT>
</SEC-DOCUMENT>
