Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · VF (VFC)

VF Corp completes $1.5 billion sale of Supreme brand to EssilorLuxottica

Neutral Impact 4 of 5 m&a Written later

VF Corporation completed the sale of its Supreme brand business to EssilorLuxottica on October 1, 2024, for a base price of $1.5 billion. This filing provides unaudited pro forma financial statements showing how the sale might have affected VF's results, and the company estimates an after-tax loss of $134.2 million on the sale, which may differ from the actual loss at closing.

Key points

  • Sale of Supreme to EssilorLuxottica completed October 1, 2024; base purchase price $1.5 billion
  • Estimated net cash proceeds of $1.475 billion, which VF will use mainly to repay debt, including a $1.0 billion delayed draw term loan
  • Estimated after-tax loss on sale of $134.2 million, based on the June 29, 2024 carrying value
  • Supreme will be reported as a discontinued operation starting with the quarter ended September 28, 2024

The filing

CompanyVF (VFC)
Form8-K, current report
Filed with the SECOct 3, 2024, 4:30 PM ET
Accession number0000103379-24-000024

Items reported: 2.01 Acquisition or Disposition Completed

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 03, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.