Kontoor (KTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kontoor (KTB) possesses solid growth attributes, which could help it handily outperform the market.
The mean of analysts' price targets for Kontoor (KTB) points to a 26.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Kontoor (KTB) could produce exceptional returns because of its solid growth attributes.
Kontoor Brands, Inc. (NYSE:KTB ) Q1 2025 Earnings Conference Call May 6, 2025 8:30 AM ET Company Participants Michael Karapetian - VP, Corporate Development, Enterprise Strategy, and IR Scott Baxter - President, CEO, and Chairman Joe Alkire - EVP and CFO Conference Call Participants Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Paul Kearney - Barclays Peter McGoldrick - Stifel Laurent Vasilescu - BNP Paribas Operator Good morning, ladies and gentlemen, and welcome to the Kontoor Brands First Quarter 2025 Earnings Conference Call. At this time, all lines are in a listen-only-mode.
Kontoor Brands (KTB) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.16 per share a year ago.
Kontoor Brands, Inc. (KTB) Q4 2024 Earnings Call Transcript
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter explained why the apparel company purchased outdoor and workwear outfit Helly Hansen, citing growth potential and an expansion of the company's offerings. "This is, far and away, the largest outdoor market in the world, right," Baxter said.
KTB's strong fourth-quarter preliminary results highlight a robust year-end performance, fueled by better-than-expected revenues, earnings and cash flow generation.
Kontoor Brands is acquiring Helly Hansen for $900 million to diversify into the outdoor and workwear market, aiming for long-term growth and value creation. Despite the strategic acquisition, Kontoor Brands remains a 'hold' due to valuation concerns and high interest expenses impacting cash flow. Investors should watch upcoming Q4 2024 results for potential valuation changes and any new guidance from management for 2025.
Here is how Kontoor Brands (KTB) and Planet Fitness (PLNT) have performed compared to their sector so far this year.