11:35 AM EST, 02/25/2025 (MT Newswires) -- (Updates to add stock move in the headline and first paragraph.)
Kontoor Brands ( KTB ) shares dropped 15% in recent Tuesday trading after the company issued full year 2025 adjusted earnings-per-share guidance that fell short of market expectations.
The company reported fiscal Q4 adjusted earnings Tuesday of $1.38 per diluted share, up from $1.28 a year earlier.
Analysts polled by FactSet expected $1.34.
Net revenue for the quarter ended Dec. 28 was $699.3 million, compared with $669.8 million a year earlier.
Analysts surveyed by FactSet expected $698 million.
The company said it expects full year 2025 adjusted diluted earnings of $5.20 to $5.30 on revenue of $2.63 billion to $2.69 billion. Analysts polled by FactSet expect adjusted earnings of $5.37 on revenue of $2.68 billion.
Price: 73.24, Change: -12.93, Percent Change: -15.01