VF Corporation Announces Change to Virtual Annual Meeting of Shareholders
June 30 2020 - 6:45AM
Business Wire
VF Corporation (NYSE: VFC), a global leader in branded lifestyle
apparel, footwear and accessories, today announced that it will
hold its 2020 Annual Meeting of Shareholders in a virtual-only
format due to the public health impact of the coronavirus
(COVID-19) pandemic and to support the health and well-being of
VF’s shareholders, management and employees. As previously
announced, the Annual Meeting will be held on Tuesday, July 28,
2020, at 10:30 a.m. Mountain Daylight Time.
As described in the proxy materials for the Annual Meeting
previously distributed, shareholders are entitled to attend and
vote at the Annual Meeting if they were a shareholder at the close
of business on May 29, 2020, the record date, or hold a legal proxy
for the meeting provided by the shareholder’s bank, brokerage firm
or other nominee as of such record date. In order to attend the
Annual Meeting virtually via the Internet, shareholders must
register in advance at www.proxydocs.com/VFC by no later than
Friday, July 24, 2020, at 5:00 p.m. Eastern Daylight Time.
Shareholders must enter the control number found on the proxy card,
voting instruction form or notice they previously received.
Shareholders will also be able to submit questions at the time of
registration. Upon completion, shareholders will receive an email
with links that will allow them to access the virtual meeting site
and vote online during the meeting. Beginning 15 minutes prior to,
and during the meeting, technical support will be available to
assist shareholders with any difficulties accessing the virtual
meeting.
For additional information regarding how shareholders may
attend, participate in and/or vote at the virtual Annual Meeting,
please refer to VF’s additional proxy materials filed with the U.S.
Securities and Exchange Commission today, which can also be
accessed on VF’s Investor Relations website at
www.vfc.com/investors.
Please note that the proxy card included with the proxy
materials previously distributed will not be updated to reflect the
change in location and may continue to be used to vote shares in
connection with the Annual Meeting.
About VF Corporation
Founded in 1899, VF Corporation is one of the world’s largest
apparel, footwear and accessories companies connecting people to
the lifestyles, activities and experiences they cherish most
through a family of iconic outdoor, active and workwear brands
including Vans®, The North Face®, Timberland® and Dickies®. Our
purpose is to power movements of sustainable and active lifestyles
for the betterment of people and our planet. We connect this
purpose with a relentless drive to succeed to create value for all
stakeholders and use our company as a force for good. For more
information, please visit vfc.com.
Forward-looking Statements
Certain statements included in this release are "forward-looking
statements" within the meaning of the federal securities laws.
Forward-looking statements are made based on our expectations and
beliefs concerning future events impacting VF and therefore involve
several risks and uncertainties. You can identify these statements
by the fact that they use words such as “will,” “anticipate,”
“estimate,” “expect,” “should,” and “may” and other words and terms
of similar meaning or use of future dates, however, the absence of
these words or similar expressions does not mean that a statement
is not forward-looking. All statements regarding VF’s plans,
objectives, projections and expectations relating to VF’s
operations or financial performance, and assumptions related
thereto are forward-looking statements. We caution that
forward-looking statements are not guarantees and that actual
results could differ materially from those expressed or implied in
the forward-looking statements. VF undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by law. Potential risks and uncertainties that could
cause the actual results of operations or financial condition of VF
to differ materially from those expressed or implied by
forward-looking statements include, but are not limited to: risks
arising from the widespread outbreak of an illness or any other
communicable disease, or any other public health crisis, including
the coronavirus (COVID-19) global pandemic; the level of consumer
demand for apparel, footwear and accessories; disruption to VF’s
distribution system; the financial strength of VF’s customers;
fluctuations in the price, availability and quality of raw
materials and contracted products; disruption and volatility in the
global capital and credit markets; VF’s response to changing
fashion trends, evolving consumer preferences and changing patterns
of consumer behavior; intense competition from online retailers;
manufacturing and product innovation; increasing pressure on
margins; VF’s ability to implement its business strategy; VF’s
ability to grow its international and direct-to-consumer
businesses; retail industry changes and challenges; VF’s and its
vendors’ ability to maintain the strength and security of
information technology systems; the risk that VF’s facilities and
systems and those of our third-party service providers may be
vulnerable to and unable to anticipate or detect data security
breaches and data or financial loss; VF’s ability to properly
collect, use, manage and secure consumer and employee data; foreign
currency fluctuations; stability of VF’s manufacturing facilities
and foreign suppliers; continued use by VF’s suppliers of ethical
business practices; VF’s ability to accurately forecast demand for
products; continuity of members of VF’s management; VF’s ability to
protect trademarks and other intellectual property rights; possible
goodwill and other asset impairment; maintenance by VF’s licensees
and distributors of the value of VF’s brands; VF’s ability to
execute and integrate acquisitions; changes in tax laws and
liabilities; legal, regulatory, political and economic risks; the
risk of economic uncertainty associated with the exit of the United
Kingdom from the European Union (“Brexit”) or any other similar
referendums that may be held; adverse or unexpected weather
conditions; VF’s indebtedness and its ability to obtain financing
on favorable terms, if needed, could prevent VF from fulfilling its
financial obligations; climate change and increased focus on
sustainability issues; and risks associated with the spin-off of
our Jeanswear business completed on May 22, 2019, including the
risk that VF will not realize all of the expected benefits of the
spin-off; the risk that the spin-off will not be tax-free for U.S.
federal income tax purposes; and the risk that there will be a loss
of synergies from separating the businesses that could negatively
impact the balance sheet, profit margins or earnings of VF. More
information on potential factors that could affect VF’s financial
results is included from time to time in VF’s public reports filed
with the SEC, including VF’s Annual Report on Form 10-K, and
Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished
with the SEC.
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VF Corporation Contacts: Joe Alkire Vice President,
Corporate Development, Investor Relations and Treasury (720)
778-4051 Craig Hodges Vice President, Corporate Affairs &
Communications (720) 778-4116
VF (NYSE:VFC)
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