earnings
confidence high
sentiment positive
materiality 0.75
Kontoor Q4 revenue $699M (+4%); adj EPS $1.38; FY25 guidance $5.20-$5.30
Kontoor Brands, Inc.
2024-FY EPS reported
$4.36
revenue$2,607,578,000
- Q4 revenue $699M (+4% YoY); adj gross margin 44.7% (+160bps); adj operating income $101M (+17%).
- Full year 2024: revenue $2.61B (flat); adj EPS $4.89 (+10%); inventory -22%.
- FY25 outlook: revenue $2.63-$2.69B (+1-3%); adj EPS $5.20-$5.30 (+6-8%); adj operating income $400-$408M.
- Project Jeanius run-rate benefit raised to >$100M; Helly Hansen acquisition not included in FY25 outlook.
- Quarterly dividend $0.52/share declared; $198M returned to shareholders in 2024 including buybacks.