Kontoor Brands Inc. (KTB) Tops Q3 EPS by 6c, Revenues Miss

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Go back to Kontoor Brands Inc. (KTB) Tops Q3 EPS by 6c, Revenues Miss

Kontoor Brands Announces Third Quarter 2019 Results

November 7, 2019 6:50 AM EST

Third Quarter 2019 GAAP EPS of $0.25, Adjusted EPS of $0.95

Restructuring and cost-savings initiatives on track, fueling gross margin gains

GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the worlds most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its third quarter ended September 28, 2019.

Third quarter 2019 results were in line with our expectations, as we continued to execute on our strategy of setting the foundation for long-term... More