Kontoor Brands Reports Third Quarter 2022 Results; Updates Outlook for Full Year 2022

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Go back to Kontoor Brands Reports Third Quarter 2022 Results; Updates Outlook for Full Year 2022

Kontoor Brands (KTB) PT Raised to $48 at Wells Fargo

November 3, 2022 12:45 PM EDT

Wells Fargo analyst Will Gaertner raised the price target on Kontoor Brands (NYSE: KTB) to $48.00 (from $44.00) while maintaining an Overweight rating following earnings.

The analyst commented, "Post LEVI's downbeat quarter and Street expectations 8% below FY22 guidance, sentiment heading into the print was decidedly... More

Kontoor Brands Inc. (KTB) Tops Q3 EPS by 18c; Offers FY22 EPS Guidance

November 3, 2022 7:23 AM EDT

Kontoor Brands Inc. (NYSE: KTB) reported Q3 EPS of $1.11, $0.18 better than the analyst estimate of $0.93. Revenue for the quarter came in at $607 million versus the consensus estimate of $616.92 million.

GUIDANCE:

Kontoor Brands Inc. sees FY2022 EPS of $4.35-$4.40, versus the... More