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

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

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

November 3, 2022 6:50 AM EDT

Q3'22 revenue of $607 million decreased 7 percent (5 percent in constant currency) compared to Q3'21 Q3'22 reported EPS of $0.90, adjusted EPS of $1.11 compared to Q3'21 reported EPS of $1.07, adjusted EPS of $1.28 2022 revenue is now expected to increase approximately 4 percent (6 percent in constant currency) compared to 2021 and prior guidance of increasing approximately 6 percent 2022 adjusted EPS is now expected to be in the range of $4.35 to $4.40, compared to prior guidance of $4.40 to $4.50

GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc.... More