Kontoor Brands Fiscal Q2 Adjusted Earnings, Revenue Rise; 2025 Guidance Updated

MT Newswires Live
08/07

Kontoor Brands (KTB) reported fiscal Q2 adjusted earnings Thursday of $1.21 per diluted share, up from $0.98 a year earlier.

Analysts polled by FactSet expected $0.83.

Net revenue for the quarter ended June 28 was $658.3 million, up from $606.9 million a year earlier.

Analysts surveyed by FactSet expected $633.7 million.

For Q3, Kontoor said it expects adjusted EPS of about $1.35 on revenue of roughly $855 million. Analysts surveyed by FactSet expect $1.62 and $862.5 million, respectively.

The company updated its full-year 2025 adjusted EPS guidance to approximately $5.45, compared with its previous outlook of $5.40 to $5.50. Analysts polled by FactSet expect $5.24. Revenue for the full year is now expected to range from $3.09 billion to $3.12 billion, up from $3.06 billion to $3.09 billion previously. Analysts polled by FactSet are looking for $3.05 billion.

The company's shares were up 7.5% in recent Thursday premarket activity.

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