Benzinga | May 6, 2021 07:03AM EDT

Kontoor Brands Q1 Adj. EPS $1.43 Beats $0.87 Estimate, Sales $651.76M Beat $605.88M Estimate

Kontoor Brands (NYSE:KTB) reported quarterly earnings of $1.43 per share which beat the analyst consensus estimate of $0.87 by 64.37 percent. This is a 429.63 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $651.76 million which beat the analyst consensus estimate of $605.88 million by 7.57 percent. This is a 29.19 percent increase over sales of $504.50 million the same period last year.