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Kontoor Brands has experienced a bit of pain recently, especially when it comes to bottom line results. This may discourage some investors, but shares of the business look incredibly cheap at this point in time.
Kontoor Brands, Inc. (NYSE:KTB ) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Eric Tracy - Vice President, Corporate Finance and Investor Relations Scott Baxter - Chair and Chief Executive Officer Rustin Welton - Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Securities Mauricio Serna - UBS Will Gardner - Wells Fargo Brooke Roach - Goldman Sachs Paul Kearney - Barclays Operator Greeting and welcome to the Kontoor Brands' Third Quarter 2022 Earnings Call. At this time all participants are in a listen-only mode.
Kontoor (KTB) delivered earnings and revenue surprises of 12.12% and 3.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
GREENSBORO, N.C.
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Kontoor Brands has performed well fundamentally so far this year, but management has decided to reduce guidance for 2022. Despite that pain, shares have held up well in the current market environment and the future for the business looks promising.
Kontoor Brands, Inc. (NYSE:KTB ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Eric Tracy - Vice President, Corporate Finance and Investor Relations Scott Baxter - Chair and Chief Executive Officer Rustin Welton - Chief Financial Officer Conference Call Participants Mauricio Serna - UBS Bob Drbul - Guggenheim Securities Paul Kearney - Barclays Brooke Roach - Goldman Sachs Will Gardner - Wells Fargo Operator Good day, ladies and gentlemen and welcome to the Kontoor Brands' Q2 2022 Earnings Call. [Operator Instructions] At this time, it is my pleasure to turn the floor over to your host, Eric Tracy, Vice President of Corporate Finance and Investor Relations.
Kontoor (KTB) delivered earnings and revenue surprises of 4.81% and 1.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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 2022 financial results on Thursday, August 4, 2022, 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
While Kontoor Brands does not offer the glitter that accompanies high-growth companies, or sexy SaaS business models, it offers a very solid dividend. Extremely cheap valuation and high yield are some of the positives offering long-term upside.