earnings
confidence high
sentiment positive
materiality 0.85
Kontoor Brands Q4 revenue up 4%, adjusted EPS +23% ex-items; announces Helly Hansen acquisition
Kontoor Brands, Inc.
2024-FY EPS reported
$4.36
revenue$2,607,578,000
- Q4 revenue ~$699M, +4% YoY (+5% constant currency).
- Adjusted gross margin 44.7%, +160bps YoY; adjusted EPS $1.38, +2% reported, +23% ex-items.
- Full-year cash flow from ops ~$368M; inventory down 22% to ~$390M.
- Also announced acquisition of Helly Hansen (details not in this release).