Kontoor Brands Q4 Adj. EPS $1.29 Misses $1.65 Estimate, Sales $1.018B Beat $979.051M Estimate

Kontoor Brands, Inc. +0.37%

Kontoor Brands, Inc.

KTB

72.23

+0.37%

Kontoor Brands (NYSE: KTB) reported quarterly earnings of $1.29 per share which missed the analyst consensus estimate of $1.65 by 21.96 percent. This is a 6.52 percent decrease over earnings of $1.38 per share from the same period last year. The company reported quarterly sales of $1.018 billion which beat the analyst consensus estimate of $979.051 million by 3.98 percent. This is a 45.58 percent increase over sales of $699.284 million the same period last year.