Kontoor Brands Inc. (KTB) Tops Q2 EPS by 35c

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Go back to Kontoor Brands Inc. (KTB) Tops Q2 EPS by 35c

Kontoor Brands Reports Second Quarter 2021 Results; Raises Outlook for Fiscal 2021

August 5, 2021 6:50 AM EDT

Q2 Reported EPS of $0.40; Adjusted EPS of $0.70 Q2 Reported Revenue of $491 million increased 41 percent compared to the prior year Q2 Reported Gross Margin of 46.1 percent increased 760 basis points compared to the prior year The Companys Board of Directors has authorized a $200 million share repurchase program Fiscal 2021 guidance raised; Adjusted EPS is now expected to be $3.90 to $4.00, up from the prior range of $3.70 to $3.80

GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc. (NYSE: KTB), a... More