Kontoor Brands Reports 2025 Fourth Quarter and Full Year Results; Provides Initial 2026 Outlook

About this update from Kontoor Brands, Inc.

[{"type":"text","content":"Fourth Quarter 2025 Highlights","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $1.02 billion increased 46 percent compared to prior year","length":68,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported gross margin was 46.2 percent. Adjusted gross margin of 46.8 percent increased 210 basis points compared to prior year","length":127,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported operating income was $121 million. Adjusted operating income of $150 million increased 48 percent compared to prior year. Adjusted operating income includes $8 million of incremental demand creation and brand investments relative to the Company’s prior outlook","length":269,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported EPS was $1.31. Adjusted EPS of $1.73 increased 26 percent compared to prior year. Adjusted EPS includes $0.10 of incremental demand creation and brand investments relative to the Company’s prior outlook","length":211,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Inventory of $567 million decreased $198 million from the third quarter, representing a 26 percent decrease from the third quarter","length":130,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Company made a $200 million voluntary term loan payment","length":59,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Company repurchased $25 million of shares","length":45,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"As previously announced, the Company’s Board of Directors declared a regular quarterly cash dividend of $0.53 per share","length":119,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":1028,"olType":false},{"type":"text","content":"Full Year 2026 Outlook","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue expected to be in the range of $3.40 to $3.45 billion, representing an increase of approximately 9 percent compared to prior year","length":137,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted gross margin expected to be in the range of 47.2 percent to 47.4 percent, representing an increase of 60 to 80 basis points compared to prior year","length":155,"tagName":"p","attribs":{}}]},{"val":[{"typ...

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