---
schema_version: "secwatch.filing_event.v1"
accession: "0001760965-23-000034"
form_type: "8-K"
ticker: "KTB"
cik: "0001760965"
company_name: "Kontoor Brands, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:43:11.355243+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kontoor Q3 rev $655M (+8% YoY); adj. EPS $1.22 ex-duty; FY adj. EPS outlook cut to $4.35

## Summary
- Q3 revenue $655M (+8% YoY); reported EPS $1.05 includes $0.17 prior-period duty charge; ex-duty EPS $1.22.
- Gross margin 41.5% (-200 bps) includes 200 bps duty charge; inventory $605M down 11% YoY.
- Board declared quarterly dividend $0.50/share, a 4% increase from prior quarter.
- FY2023 outlook cut: adj. gross margin ~42.5% (prior 43.5-44.0%), adj. EPS ~$4.35 (prior $4.55-4.75), includes $0.15 duty charge.
- FY cash from ops ~$335M; year-end inventory expected ~$500M, >15% decline vs FY22.

## SEC filing metadata
- accession: 0001760965-23-000034
- form_type: 8-K
- ticker: KTB
- cik: 0001760965
- company_name: Kontoor Brands, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000034/0001760965-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000034/ktb-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760965-23-000034
- JSON: https://secwatch.observer/filing/0001760965-23-000034.json
- Plain text: https://secwatch.observer/filing/0001760965-23-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
