Kontoor Brands raised its FY26 adjusted EPS outlook to $5.40 after Q3 revenue rose 3 per cent to $685 million and adjusted EPS increased 40 per cent to $1.50.
Adjusted gross margin expanded 230 basis points to 48.1 per cent, supported by Project Jeanius, pricing and favourable business mix.
Following the Lee divestiture, the US apparel group expects adjusted EPS of at least $6.60 in 2027.Kontoor Brands raised its FY26 adjusted EPS outlook to $5.40 after Q3 revenue rose 3 per cent to $685 million and adjusted EPS increased 40 per cent to $1.50.
Adjusted gross margin expanded 230 basis points to 48.1 per cent, supported by Project Jeanius, pricing and favourable business mix.
Following the Lee divestiture, the US apparel group expects adjusted EPS of at least $6.60 in 2027.
