KTB Q1 2022 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q1 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$680M+4.3% YoY

Gross Profit

$305M44.8% margin

Operating Income

$108M15.9% margin

Net Income

$81M11.9% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$75M

Free Cash Flow

$70M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.4B

Stockholders' Equity

$184M

Cash & Equivalents

$194M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$680M	$652M	+4.3%
Gross Profit	$305M	$301M	+1.3%
Operating Income	$108M	$93M	+16.1%
Net Income	$81M	$64M	+25.4%

Revenue Segments

Wrangler

$412M61%

Lee

$264M39%

Geographic Segments

UNITED STATES

$507M75%

Non-US

$173M25%