Kontoor Brands, Inc. (KTB) Financials

NYSE:KTB

Market Cap

2.44B

Total Revenue

2.63B

Gross Profit

1.13B

Operating Income

356.67M

Net Income

245.49M

Metric	2016	2017	2018	2019	2020	2021	2022
revenue	2,926,464,000	2,830,106,000	2,763,998,000	2,548,839,000	2,097,839,000	2,475,916,000	2,631,444,000
costOfRevenue	1,711,319,000	1,658,144,000	1,649,435,000	1,544,465,000	1,234,150,000	1,368,190,000	1,497,076,000
grossProfit	1,215,145,000	1,171,962,000	1,114,563,000	1,004,374,000	863,689,000	1,107,726,000	1,134,368,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	806,447,000	814,544,000	781,521,000	803,448,000	739,855,000	824,747,000	777,703,000
operatingExpenses	806,447,000	814,544,000	781,521,000	803,448,000	739,855,000	824,747,000	777,703,000
operatingIncome	408,698,000	357,418,000	333,042,000	168,290,000	123,834,000	282,979,000	356,665,000
totalOtherIncomeExpensesNet	-1,590,000	-3,358,000	-5,269,000	-33,096,000	-50,898,000	-38,379,000	-37,529,000
ebitda	442,849,000	394,044,000	364,077,000	234,377,000	157,419,000	320,099,000	391,181,000
depreciationAndAmortization	34,151,000	33,628,000	31,035,000	66,087,000	33,585,000	37,120,000	34,516,000
interestIncome	3,379,000	6,356,000	12,305,000	7,693,000	1,608,000	1,480,000	1,352,000
interestExpense	-1,789,000	1,263,000	-7,036,000	35,787,000	49,992,000	38,900,000	34,919,000
incomeBeforeTax	410,487,000	359,153,000	340,078,000	135,194,000	72,936,000	244,600,000	319,136,000
incomeTaxExpense	95,457,000	242,962,000	77,005,000	38,540,000	5,013,000	49,177,000	73,643,000
netIncome	315,030,000	116,191,000	263,073,000	96,654,000	67,923,000	195,423,000	245,493,000
eps	5.56	2.05	4.64	1.71	1.19	3.4	4.4
epsdiluted	5.56	2.05	4.64	1.69	1.17	3.31	4.31
weightedAverageShsOut	56,639,978	56,639,978	56,639,978	56,688,000	56,994,000	57,394,000	55,744,000
weightedAverageShsOutDil	56,639,978	56,639,978	56,639,978	57,209,000	57,858,000	59,086,000	56,962,000
costAndExpenses	2,517,766,000	2,472,688,000	2,430,956,000	2,347,913,000	1,974,005,000	2,192,937,000	2,274,779,000
otherExpenses	-1,590,000	-3,358,000	-5,269,000	-5,002,000	-2,514,000	-959,000	-3,962,000

Key Facts

Industry

Apparel Manufacturing

Sector

Consumer Cyclical

Headquarters

Greensboro, NC, US

Website

kontoorbrands.com

CEO

Mr. Scott H. Baxter

Employees

14400

About the Company

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.