NYSE$KTB

Kontoor Brands Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Kontoor Brands Inc. delivered strong Q1 2026 results driven by the Helly Hansen acquisition and organic growth in Wrangler.

Net revenues rose 45% to $613.3 million, including $176.0 million from Helly Hansen. Operating income increased 187% to $90.1 million and diluted EPS from continuing operations reached $1.09. The company advanced Project Jeanius while reporting the Lee business as discontinued operations.

  • Net revenues increased 45% year-over-year to $613.3 million, fueled by the Helly Hansen acquisition and Wrangler growth.
  • Gross margin expanded 810 basis points to 53.7%, benefiting from tariff refunds, Project Jeanius initiatives, and favorable mix.
  • Operating income surged 187% to $90.1 million, with Helly Hansen contributing $20.0 million of operating profit.
  • Income from continuing operations rose to $61.0 million and diluted EPS from continuing operations was $1.09.

Headline financials

Total Revenue

$613M

Previous: $623M-1.5%
EPS (adj)

$1.65

Previous: $1.20+37.5%
Gross Margin

53.7%

Previous: 47.5%+13.1%
Capital Expenditures

-$5.96M

Previous: -$2.73M-118.3%
Free Cash Flow

$40.3M

No prior period
Net Income

$92.4M

Previous: $42.9M+115.6%
Operating Income

$90.1M

Previous: $73.3M+22.9%
Gross Profit

$329M

Previous: $296M+11.4%
Cash & Equivalents

$56.4M

No prior period
Total Assets

$2.65B

No prior period

Revenue & EPS history

Kontoor Brands · Revenue · Quarterly

$613M

Q1 2026-1.5%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Kontoor Brands · $613M total across 3 segments · Q1 2026

  • Wrangler
    $436M
  • Helly Hansen
    $165M
  • Other
    $12M

Forward guidance

The company continues to execute Project Jeanius and integrate the Helly Hansen acquisition while monitoring macroeconomic conditions and tariff developments.

Tailwinds

  • Strong growth in Wrangler international and direct-to-consumer channels
  • Significant gross margin expansion from operational initiatives

Headwinds

  • Ongoing integration and transformation costs
  • Macroeconomic uncertainty and tariff volatility

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.3%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+4.1%

Avg return

30 days after

58%

19 / 33 earnings

Positive

+18.6%

Q4 2025

Best reaction

-17.3%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.4%-1.9%
Q4 2025+18.6%+17.7%+6.5%
Q3 2025-9.4%-10.8%-3.3%
Q2 2025+12.4%+24.0%+41.5%
Q1 2025+1.5%+8.0%+7.3%
Q4 2024-13.5%+0.5%-25.7%
Q3 2024+6.6%+10.7%+19.9%
Q2 2024-1.5%-2.2%+6.7%
Q1 2024+5.6%+9.0%+18.0%
Q4 2023-6.8%-7.8%-5.0%
Q3 2023+6.3%+9.7%+19.2%
Q2 2023+16.6%+16.3%+13.7%
Q1 2023-7.9%-9.8%-9.4%
Q4 2022+18.5%+21.7%+9.1%
Q3 2022+10.8%+9.6%+30.7%
Q2 2022+2.1%-1.0%-3.0%
Q1 2022+2.9%+0.0%-2.2%
Q4 2021-3.0%-12.7%-16.5%
Q3 2021+1.5%+5.4%-5.2%
Q2 2021-0.7%-2.0%-6.4%
Q1 2021+0.9%-0.7%-1.3%
Q3 2020+5.3%+14.4%+38.2%
Q2 2020-2.1%+4.0%+13.7%
Q1 2020-8.1%-20.8%+16.2%
Q4 2017-17.3%-18.0%-37.1%
Q4 2019-3.3%-6.6%-60.1%
Q3 2018+1.0%-0.3%+8.5%
Q3 2019-5.8%-5.7%+0.6%
Q2 2018-4.7%+0.8%+11.6%
Q2 2019+16.0%+9.1%+21.5%
Q1 2019+0.5%-4.6%+7.7%
Q4 2018+0.5%-4.6%+7.7%
Q1 2018+0.5%-4.6%+7.7%

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