GREENSBORO, N.C. (AP) — GREENSBORO, N.C. (AP) — Kontoor Brands Inc. (KTB) on Tuesday reported earnings of $73.8 million in its fourth quarter.
On a per-share basis, the Greensboro, North Carolina-based company said it had profit of $1.31. Earnings, adjusted for costs related to mergers and acquisitions and restructuring costs, came to $1.73 per share.
The maker of Wrangler and Lee apparel posted revenue of $1.02 billion in the period.
For the year, the company reported profit of $227.5 million, or $4.05 per share. Revenue was reported as $3.15 billion.
Kontoor expects full-year earnings in the range of $6.40 to $6.50 per share, with revenue in the range of $3.4 billion to $3.45 billion.
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