Kontoor Brands Inc. (KTB) Tops Q2 EPS by 14c

Kontoor Brands Inc. (NYSE: KTB) reported Q2 EPS of $0.77, $0.14 better than the analyst estimate of $0.63. Revenue for the quarter came in at $616 million versus the consensus estimate of $610.94 million.

GUIDANCE:

Kontoor Brands Inc. sees FY2023 EPS of $4.55-$4.75, versus the consensus of $4.46.

FY’23 revenue is expected to increase at a low-single digit percentage compared to FY’22, consistent with prior outlook

For earnings history and earnings-related data on Kontoor Brands Inc. (KTB) click here.

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