Q1 Earnings Highs And Lows: Kontoor Brands (NYSE:KTB) Vs The Rest Of The Apparel, Accessories and Luxury Goods Stocks [Yahoo! Finance]
Kontoor Brands, Inc. (KTB)
Last kontoor brands, inc. earnings: 3/5 06:50 am
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Source: Yahoo! Finance
Within apparel and accessories, not only do styles change more frequently today than decades past as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel, accessories, and luxury goods companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 17 apparel, accessories and luxury goods stocks we track reported a mixed Q1; on average, revenues beat analyst consensus estimates by 0.5%. while next quarter's revenue guidance was 2.2% below consensus. Valuation multiples for many growth stocks have not yet reverted to their early 2021 highs, but the market was optimistic at the end of 2023 due to cooling inflation. The start of 2024 has been a different story as mixed signals have led to market volatility, and apparel, accessories and luxury goods stocks have held roughly steady amidst all this, with share prices up 3.6% on av
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KTB
Earnings
- 8/1/24 - Beat
KTB
Sec Filings
- 9/25/24 - Form 4
- 9/25/24 - Form 4
- 8/16/24 - Form 4
- KTB's page on the SEC website