Kontoor Brands Q3 revenue rises 3%; raises 2026 adjusted EPS outlook to $5.40
Kontoor Brands reported third-quarter 2026 revenue of $685 million, up 3%, and adjusted diluted EPS of $1.50, up 40%, and raised its full-year 2026 adjusted EPS outlook to $5.40 from $5.25 to $5.35. Reported diluted EPS was $(0.62) because of a $1.73 non-cash tax charge tied to the migration of Helly Hansen intellectual property. The company also plans $450 million of share repurchases in the fourth quarter after completing the divestiture of Lee.
Key points
- Q3 revenue of $685 million rose 3%; adjusted EPS of $1.50 rose 40% from prior year.
- Reported diluted EPS was $(0.62), including a $1.73 non-cash tax charge related to Helly Hansen intellectual property migration.
- 2026 adjusted EPS outlook raised to $5.40 from $5.25 to $5.35; revenue outlook is about $2.68 billion.
- Plans $450 million of Q4 share repurchases, including a $400 million accelerated share repurchase, funded partly by $698 million of net proceeds from the Lee sale.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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