GREENSBORO, N.C. (AP) — GREENSBORO, N.C. (AP) — Kontoor Brands Inc. (KTB) on Tuesday reported profit of $42.9 million in its first quarter.
The Greensboro, North Carolina-based company said it had profit of 76 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, were $1.20 per share.
The maker of Wrangler and Lee apparel posted revenue of $622.9 million in the period.
For the current quarter ending in June, Kontoor expects its per-share earnings to be 80 cents.
The company expects full-year earnings in the range of $5.40 to $5.50 per share, with revenue ranging from $3.06 billion to $3.09 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KTB at https://www.zacks.com/ap/KTB
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
