SUBSEQUENT EVENTS |
6 Months Ended |
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Sep. 28, 2024 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On October 1, 2024, VF completed the sale of Supreme to EssilorLuxottica S.A. for $1.5 billion, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as set forth in the Purchase Agreement. Refer to Note 4 for additional information. On October 4, 2024, VF made an aggregate $1.0 billion prepayment of the DDTL using the net cash proceeds from the sale of Supreme, pursuant to the terms of the DDTL Agreement, as amended. On October 22, 2024, VF’s Board of Directors declared a quarterly cash dividend of $0.09 per share, payable on December 18, 2024 to stockholders of record on December 10, 2024.
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