Earnings Releases·Nov 5, 2026, 6:51 AM ET

Kontoor Brands — Third Quarter 2026 Earnings Summary

**Financial Performance:** Third-quarter revenue from continuing operations rose 3% year-over-year to $685 million; adjusted diluted EPS reached $1.50, a 40% increase year-over-year, while adjusted gross margin expanded 230 basis points to 48.1%.
**Guidance and Outlook:** Full-year adjusted EPS guidance was raised to $5.40 (approx. 31% growth), with 2027 adjusted EPS outlook set at least $6.60 (20%+ growth) and full-year 2026 revenue expected to approximate $2.68 billion.
**Strategic Execution:** The company successfully completed the divestiture of the Lee business, generating $698 million in net proceeds, and is operating as a focused entity anchored by Wrangler and Helly Hansen brands.
**Capital Return:** Management plans to return approximately $1 billion of capital in 2026 through share repurchases, dividends, and voluntary debt payments, including a $450 million fourth-quarter buyback program.