Kontoor Brands, Inc.KTBEarnings & Financial Report
Kontoor Brands is an American clothing company. It was a spin off from the VF Corporation in May 2019, and markets clothing under the Lee, Wrangler and Helly Hansen brand names.
Revenue
$670.2M
Gross Profit
$299.5M
Operating Profit
$98.3M
Net Profit
$70.5M
Gross Margin
44.7%
Operating Margin
14.7%
Net Margin
10.5%
YoY Growth
2.4%
EPS
$1.26
Kontoor Brands, Inc. Q3 FY2024 Financial Summary
Kontoor Brands, Inc. reported revenue of $670.2M (up 2.4% YoY) for Q3 FY2024, with a net profit of $70.5M (up 18.5% YoY) (10.5% margin). Cost of goods sold was $370.7M, operating expenses totaled $201.2M.
Key Financial Metrics
| Total Revenue | $670.2M |
|---|---|
| Net Profit | $70.5M |
| Gross Margin | 44.7% |
| Operating Margin | 14.7% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Kontoor Brands, Inc. Q3 FY2024 revenue of $670.2M breaks down across 3 segments, led by Wrangler Segment at $464.1M (69.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Wrangler Segment | $464.1M | 69.2% |
| Other | $167.2M | 25.0% |
| Sales Channel Directly To Consumer | $38.9M | 5.8% |
Kontoor Brands, Inc. Annual Revenue by Year
Kontoor Brands, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.6B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.6B |
Kontoor Brands, Inc. Quarterly Revenue & Net Profit History
Kontoor Brands, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $853.2M | +27.3% | $36.9M | 4.3% |
| Q2 FY2025 | $658.3M | +8.5% | $73.9M | 11.2% |
| Q1 FY2025 | $622.9M | -1.3% | $42.9M | 6.9% |
| Q4 FY2024 | $699.3M | — | $64.0M | 9.1% |
| Q3 FY2024 | $670.2M | +2.4% | $70.5M | 10.5% |
| Q2 FY2024 | $606.9M | -9.0% | $51.8M | 8.5% |
| Q1 FY2024 | $631.2M | — | $59.5M | 9.4% |
| Q3 FY2023 | $654.5M | +6.7% | $59.5M | 9.1% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $654.5M | $631.2M | $606.9M | $670.2M | $699.3M | $622.9M | $658.3M | $853.2M |
| YoY Growth | 6.7% | N/A | -9.0% | 2.4% | N/A | -1.3% | 8.5% | 27.3% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.63B | $1.66B | $1.61B | $1.65B | $1.65B | $1.68B | $2.72B | $2.86B |
| Liabilities | $1.28B | $1.27B | $1.25B | $1.30B | $1.25B | $1.25B | $2.22B | $2.33B |
| Equity | $347.6M | $387.2M | $367.2M | $356.9M | $400.1M | $426.7M | $498.3M | $529.6M |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $160.1M | $56.5M | $96.2M | $133.6M | $82.0M | $77.6M | $25.7M | $64.1M |