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Kontoor Brands reports Q1 adjusted EPS $1.20, consensus $1.16

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.”

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