Brief: Kontoor Brands Reports Q3 Results Updates Outlook For 2022

Kontoor Brands

03/11/2022 11:05

Nov 3 (Reuters) - Kontoor Brands Inc  KTB.N :
    * KONTOOR BRANDS REPORTS THIRD QUARTER 2022 RESULTS; UPDATES
OUTLOOK FOR FULL YEAR 2022
    * Q3 EARNINGS PER SHARE $0.90
    * Q3 REVENUE FELL 7 PERCENT TO $607.0 MILLION
    * Q3'22 REVENUE OF $607 MILLION DECREASED 7 PERCENT (5
PERCENT IN
CONSTANT CURRENCY) COMPARED TO Q3'21
    * 2022 ADJUSTED EPS IS NOW EXPECTED TO BE IN RANGE OF $4.35
TO
$4.40
    * 2022 REVENUE IS NOW EXPECTED TO INCREASE APPROXIMATELY 4
PERCENT
(6 PERCENT IN CONSTANT CURRENCY) COMPARED TO 2021
    * Q3 EARNINGS PER SHARE VIEW $0.88, REVENUE VIEW $609.8
MILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $4.20, REVENUE VIEW $2.56
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9MynLa 
Further company coverage:  KTB.N 
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