Item 2.06 Material Impairments.

V.F. Corporation ("VF" or the "Company") has continued to monitor macroeconomic events after its most recent annual goodwill and indefinite-lived intangible asset impairment testing, which was completed during the fourth quarter of the fiscal year ended April 2, 2022. During the second quarter of the fiscal year ending April 1, 2023, due to continued increases in the federal funds rate and strengthening of the U.S. dollar relative to other currencies, the Company determined that a triggering event had occurred requiring impairment testing of the Supreme® reporting unit goodwill and indefinite-lived trademark intangible asset. The initial results of this impairment testing indicate pre-tax, non-cash impairment charges related to the Supreme® reporting unit goodwill and indefinite-lived trademark intangible asset that are estimated to be in the range of $300 million to $450 million. The Company does not anticipate that these charges will result in future cash expenditures. The impairment is related to an increase in the market-based discount rates used in the valuations and the negative impact of foreign currency exchange rate changes on financial projections. The impairment testing is expected to be finalized and reflected in VF's financial statements to be included in its Quarterly Report on Form 10-Q for the fiscal second quarter ending October 1, 2022.

Item 7.01 Regulation FD Disclosure.

On September 28, 2022, in connection with its Investor Day to be held in Denver, Colorado, VF issued a press release introducing its fiscal year 2027 long-term strategic plan and financial targets and revising its outlook for fiscal year 2023. A copy of the press release is furnished as Exhibit 99.1. A live webcast of the presentation will be accessible at ir.vfc.com from approximately 10:30 a.m. to 2:30 p.m. ET. Following the event, a replay of the webcast will be available at the same location.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits

Exhibit No.       Description

99.1                V.F. Corporation press release dated September 28, 2022.

104               Cover Page Interactive Data File (embedded within the Inline XBRL
                  document)

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