CORRECTION: Kontoor Brands Q1 Adj. EPS $1.06 Misses $1.12 Estimate, Sales $613.322M Miss $782.031M Estimate
Kontoor Brands (NYSE:KTB) reported quarterly earnings of $1.06 per share which missed the analyst consensus estimate of $1.12 by 5.36 percent. This is a 11.67 percent decrease over earnings of $1.20 per share from the same period last year. The company reported quarterly sales of $613.322 million which missed the analyst consensus estimate of $782.031 million by 21.57 percent. This is a 1.54 percent decrease over sales of $622.901 million the same period last year.
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