KTB Q4 2023 Earnings — Kontoor Brands, Inc. Revenue & Financial Results | Market Cap Arena

KTBKontoor Brands, Inc.

$4B

Q4 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$670M-8.4% YoY

Gross Profit

$279M41.7% margin

Operating Income

$75M11.3% margin

Net Income

$69M10.3% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$209M

Free Cash Flow

$203M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.3B

Stockholders' Equity

$372M

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$670M	$732M	-8.4%
Gross Profit	$279M	$299M	-6.5%
Operating Income	$75M	$85M	-10.9%
Net Income	$69M	$52M	+33.3%

Geographic Segments

UNITED STATES

$538M80%

Non-US

$132M20%