Kontoor Brands (KTB) Tops Q1 Earnings and Revenue Estimates

Kontoor Brands (KTB) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.89%. A quarter ago, it was expected that this maker of Wrangler and Lee apparel would post earnings of $1.37 per share when it actually produced earnings of $1.35, delivering a surprise of -1.46%. Over the last f ...