KTB Q3 2023 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q3 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$655M+7.9% YoY

Gross Profit

$271M41.5% margin

Operating Income

$85M13.1% margin

Net Income

$60M9.1% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$28M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$348M

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$655M	$607M	+7.9%
Gross Profit	$271M	$264M	+2.8%
Operating Income	$85M	$75M	+13.9%
Net Income	$60M	$51M	+16.5%

Geographic Segments

UNITED STATES

$506M77%

Non-US

$149M23%