KTB Q2 2023 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q2 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$616M+0.4% YoY

Gross Profit

$250M40.6% margin

Operating Income

$63M10.3% margin

Net Income

$36M5.9% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$124M

Free Cash Flow

$117M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$323M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$616M	$614M	+0.4%
Gross Profit	$250M	$267M	-6.3%
Operating Income	$63M	$89M	-28.6%
Net Income	$36M	$62M	-41.3%

Geographic Segments

UNITED STATES

$499M81%

Non-US

$117M19%