VF Corp. says Q4 gross margin improved 560 bps vs. last year

Says nothing at Vans that the company can’t fix. Says making progress every week to turn around the Vans business. Says “confident as ever” about Vans outlook. Says turnaround in APAC has been slower. Says approaching tariffs in the same way they are approaching the rest of the business. Says asset light model and diversified supply chain positions the company well to deal with tariffs. Says not distracted by macro economic uncertainty. Says China less than 2% of total costs into U.S. Expects to fully offset impact of tariffs. Comments taken from Q4 earnings conference call.