Kontoor Brands : Conference Call Transcript Q1 2024 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
First Quarter 2024 Highlights
Revenue of $631 million decreased 5 percent compared to prior year
Reported gross margin was 45.2 percent. Adjusted gross margin was 45.7 percent and increased 270.
Fourth Quarter 2023 Highlights
Revenue of $670 million decreased 8 percent
Reported gross margin was 41.7 percent. Adjusted gross margin was 42.2 percent, including an unanticipated 90 basis.
Third Quarter 2023 Highlights
Q3’23 revenue of $655 million increased 8 percent compared to Q3 22
Q3’23 gross margin of 41.5 percent decreased 200 basis points compared to Q3’22,.
First Quarter 2023 Highlights
Q1’23 revenue of $667 million decreased 2 percent compared to Q1 22, consistent with prior outlook of flat to down low-single digits
Q1’23 gross. | May 4, 2023