KTB Q2 2024 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q2 2024 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$607M-1.5% YoY

Gross Profit

$271M44.7% margin

Operating Income

$75M12.4% margin

Net Income

$52M8.5% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$96M

Free Cash Flow

$93M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.2B

Stockholders' Equity

$367M

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$607M	$616M	-1.5%
Gross Profit	$271M	$250M	+8.4%
Operating Income	$75M	$63M	+18.7%
Net Income	$52M	$36M	+42.2%

Geographic Segments

UNITED STATES

$496M82%

Non-US

$111M18%