Benzinga | Aug 5, 2021 07:05AM EDT

Kontoor Brands Q2 EPS $0.70 Beats $0.35 Estimate, Sales $491.00M Beat $475.54M Estimate

Kontoor Brands (NYSE:KTB) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.35 by 100 percent. This is a 418.18 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $491.00 million which beat the analyst consensus estimate of $475.54 million by 3.25 percent. This is a 40.59 percent increase over sales of $349.25 million the same period last year.