Kontoor Brands outlines earnings guidance and capital return plans following its Q1 2026 management review.
Kontoor Brands (KTB) has targeted adjusted earnings per share from continuing operations of $5.15 to $5.25 for Q1 2026. The company also announced plans to divest its Lee brand and execute a $750 million share buyback program.
The guidance reflects management’s outlook amid ongoing strategic initiatives, including portfolio optimization and capital allocation. Kontoor’s prior earnings reports and market expectations were not detailed in the review.
No immediate market reaction was specified in the source.