VF Corp has reported its first annual sales growth in three years, supported by the continued strength of The North Face and Timberland and sequential improvement at Vans.

The company’s revenue for the year ended March 28 rose 1 per cent. Excluding Dickes, which was sold in the third quarter, sales grew 4 per cent. Gross margin expanded by 130 bps to 54.8 per cent.

“For the first time in three years, we returned to a full year of growth and expect to keep growing in FY27,” said Bracken Darrell, VF’s president and CEO.

“Both The North Face and Timberland continued to deliver global growth. Vans is starting to show momentum with a return to growth in Americas DTC for the first time in over four years,” he added.

In the fourth quarter, revenue increased 1 per cent overall and 8 per cent when excluding Dickes.

The North Face sales soared 12 per cent, with the Americas up 17 per cent. Timberland sales increased 8 per cent.

Vans sales were down 1 per cent, a considerable improvement from the 8 per cent drop in the third quarter.

“This has been a strong year for VF and I’m excited about the momentum we are building,” Darrell continued.

“We remain on track to achieve our medium-term targets, an exit run rate of 10 per cent operating margin in FY28 and a leverage ratio of 2.5x or lower by FY28.”

For FY27, the company expects revenue to increase 1-2 per cent.