Kontoor Brands Reports Second Quarter 2022 Results; Updates Outlook for Full Year 2022
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Kontoor Brands (KTB) PT Raised to $48 at Wells Fargo
August 4, 2022 1:32 PM EDTWells Fargo analyst Will Gaertner raised the price target on Kontoor Brands (NYSE: KTB) to $48.00 (from $40.00) while maintaining an Overweight rating following earnings.
The analyst commented, "With the overhang from WMT/TGT's inventory rightsizing, China lockdowns, and inflationary pressures, sentiment heading into... More
Kontoor Brands Inc. (KTB) Misses Q2 EPS by 30c
August 4, 2022 6:55 AM EDTKontoor Brands Inc. (NYSE: KTB) reported Q2 EPS of $0.70, $0.30 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $614 million versus the consensus estimate of $628.61 million.
For earnings history and earnings-related data on Kontoor Brands Inc. (KTB) click here.
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