Kontoor Brands Inc. (KTB) Tops Q3 EPS by 26c

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Go back to Kontoor Brands Inc. (KTB) Tops Q3 EPS by 26c

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

November 4, 2021 6:50 AM EDT

Q3 Reported EPS of $1.07; Adjusted EPS of $1.28 Q3 Reported Revenue of $652 million increased 12 percent compared to the prior year Q3 Reported Gross Margin of 44.4 percent increased 20 basis points compared to the prior year; Q3 Adjusted Gross Margin of 44.1 percent increased 80 basis points compared to the prior year Fiscal 2021 guidance raised; Adjusted EPS is now expected to be $4.15 to $4.20, up from the prior range of $3.90 to $4.00

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