Kontoor brands sees steady revenue of $2.61 bn in FY24
Kontoor Brands has reported a revenue of $2.61 billion in FY24, with a 44.5 per cent gross margin. Adjusted operating income rose 9 per cent to $381 million, and adjusted EPS increased 10 per cent to $4.89. US revenue grew 1 per cent, while international declined 5 per cent. FY25 revenue is expected at $2.63-$2.69 billion, with 1-3 per cent growth, driven by market share gains and expansion.
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