Kontoor Brands, Inc.'s (KTB) CEO Scott Baxter on Q2 2021 Results - Earnings Call Transcript

Aug. 05, 2021 11:30 PM ETKontoor Brands, Inc. (KTB) StockKTB
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Q2: 2021-08-05 Earnings Summary

EPS of $0.70 beats by $0.35
 | Revenue of $490.77M (40.52% Y/Y) beats by $9.95M

Kontoor Brands, Inc.'s (NYSE:KTB) Q2 2021 Earnings Conference Call August 5, 2021 8:30 AM ET

Company Participants

Eric Tracy - Senior Director, Investor Relations
Scott Baxter - President & Chief Executive Officer
Rustin Welton - Chief Financial Officer

Conference Call Participants

Jay Sole - UBS
Erinn Murphy - Piper Sandler
Adrienne Yih - Barclays Plc
Bob Drbul - Guggenheim Securities
Sam Poser - Williams Trading
Brooke Roach - Goldman Sachs
Jim Duffy - Stifel

Operator

Greetings. Welcome to Kontoor Brands' Second Quarter Earnings Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is my pleasure to introduce Eric Tracy, Senior Director of Investor Relations. Thank you. You may now begin.

Eric Tracy

Thank you, operator, and welcome to Kontoor Brands' second quarter earnings conference call. Participants on today's call will make forward-looking statements. These statements are based on current expectations and are subject to uncertainties that could cause actual results to materially differ.

These uncertainties are detailed in documents filed with the SEC. We urge you to read our risk factors, cautionary language and other disclosures contained in those reports. Amounts referred to on today's call will often be on an adjusted dollar basis, which we clearly defined in the news release that was issued earlier this morning.

Adjusted amounts excluded the impact of restructuring and separation costs, business model changes and other adjustments. Reconciliations of GAAP measures to adjusted amounts can be found in the supplemental financial tables included in today's news release, which is available on our website at kontoorbrands.com. These tables identify and quantify excluded items and provide management's view of why this information is useful to investors.

Unless otherwise noted, amounts referred to on this call

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