Kontoor Brands raises FY26 EPS view to $6.60-$6.70 from $6.40-$6.50

Consensus $6.49. Raises Fy26 revenue view to $3.41B-$3.46B from $3.40B-$3.45B,, consensus $3.44B. The Company expects the divestiture of Lee to be immaterial to earnings per share over a 12-to-18-month period. The earnings contribution of the Lee business will be offset through strong capital deployment and mitigation of overhead and other expenses, through restructuring and other mitigating cost actions to offset the costs that were previously allocated to the Lee business.