earnings
confidence high
sentiment neutral
materiality 0.75
Kontoor Q1 adj. EPS $1.20 (+3%); revenue $623M (-1%); Helly Hansen close at end of May; $50M tariff impact
Kontoor Brands, Inc.
2025-Q1 EPS reported
$0.76
revenue$622,901,000
- Q1 adjusted EPS $1.20 (+3% YoY); reported EPS $0.76. Adjusted operating income $96M (+4%); operating margin 15.4% (+70bps).
- Revenue $623M (-1% as reported, flat constant currency). U.S. flat; international -7% (-3% constant currency). Wrangler +3%, Lee -9%.
- Adjusted gross margin 47.7% (+200bps YoY). Inventory down 12% YoY to $443M.
- Updated FY2025 outlook: revenue $3.06-3.09B (+17-19% incl. Helly Hansen ~$425M); adj. EPS $5.40-$5.50 (+10-12%).
- Tariff policy changes expected $50M unmitigated impact on FY operating income; expects to substantially offset over 12-18 months.