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Kontoor Brands, the owner of prominent apparel brands Wrangler and Lee, is scheduled to report earnings before the market opens on November 2. The Street consensus for the company is earnings of $1.18 per share on revenue of $638.68 million, compared to $0.90 per share on revenue of $606.52 million a year earlier.
GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its third quarter 2023 financial results on Thursday, November 2, 2023, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in stocks from the Textile - Apparel sector have probably already heard of Kontoor Brands (KTB) and Lululemon (LULU). But which of these two companies is the best option for those looking for undervalued stocks?
Kontoor Brands (KTB) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.09 per share a year ago.
Kontoor Brands' (KTB) second-quarter 2023 earnings results are likely to reflect the impacts of a challenging operating backdrop and inflationary pressures.
GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its second quarter 2023 financial results on Thursday, August 3, 2023, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live.
Kontoor Brands, Inc. is a lifestyle apparel company that specializes in designing, producing denim, apparel, footwear, and accessories. Revenue has declined at a 2% annual rate, as the company has been unable to drive a material increase in interest. Margins are attractive but are slipping due to inflation and increased discounting.
At the current share price, VF Corporation's dividend yields a well-above-market 6.8%. The company cut its dividend at the start of 2023.
GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2023 financial results on Thursday, May 4, 2023, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results.