|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||78.18 - 78.18|
|52-week range||78.18 - 78.18|
|Beta (3Y monthly)||1.22|
|PE ratio (TTM)||27.32|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Management discussed innovation, Kontoor's supply chain, and a strategy to deal with import tariffs in the jeans maker's first earnings conference call.
Just months after completing its separation from Vans sneaker maker VF Corp, the company said its total costs and operating expenses had fallen about 5% in the second quarter as it streamlined supply chains and sourced materials for less. With revenue down 6% and profits almost 40%, executives from the maker of Lee and Wrangler jeans also said they were looking at withdrawing from unprofitable markets if need be and would look at sourcing opportunities in new markets.
The fashion giant begins its new fiscal year with a slimmed-down portfolio of brands that management believes has high growth potential.
(Reuters) - Apparel maker VF Corp exceeded Wall Street's quarterly sales expectations, boosted by higher demand for its Vans sneakers and outdoor wear brand North Face. Net income fell to $128.8 million, ...
On a per-share basis, the Greensboro, North Carolina-based company said it had net income of 32 cents. Earnings, adjusted for non-recurring costs and pretax expenses, were 60 cents per share. The results ...
On a per-share basis, the Greensboro, North Carolina-based company said it had profit of $1.16. Earnings, adjusted for one-time gains and costs, were $1.31 per share. The results beat Wall Street expectations. ...