Reports Q1 revenue $622.90M, consensus $626.32M. “Our strong first quarter results reflect the operational agility that is a cornerstone of our business,” said Scott Baxter, President, CEO and Chairman of the Board of Directors. “We continued to strengthen our brands, drive market share gains, and grow our presence across categories and channels of distribution. And, the strength of our gross margin drove strong underlying earnings growth, cash generation and further improvement in our returns on capital.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KTB:
- KTB Upcoming Earnings Report: What to Expect?
- Kontoor Brands price target lowered to $85 from $90 at Wells Fargo
- Kontoor Brands price target lowered to $69 from $93 at Barclays
- Kontoor Brands price target lowered to $72 from $83 at Stifel
- Kontoor Brands price target lowered to $90 from $100 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue