Kontoor Brands, Inc. (KTB) CEO Scott Baxter on Q2 2022 Results - Earnings Call Transcript

Aug. 04, 2022 2:25 PM ETKontoor Brands, Inc. (KTB) StockKTB
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Q2: 2022-08-04 Earnings Summary

EPS of $1.09 beats by $0.13
 | Revenue of $613.57M (25.02% Y/Y) misses by $5.57M

Kontoor Brands, Inc. (NYSE:KTB) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET

Company Participants

Eric Tracy - Vice President, Corporate Finance and Investor Relations
Scott Baxter - Chair and Chief Executive Officer
Rustin Welton - Chief Financial Officer

Conference Call Participants

Mauricio Serna - UBS
Bob Drbul - Guggenheim Securities
Paul Kearney - Barclays
Brooke Roach - Goldman Sachs
Will Gardner - Wells Fargo

Operator

Good day, ladies and gentlemen and welcome to the Kontoor Brands’ Q2 2022 Earnings Call. [Operator Instructions] At this time, it is my pleasure to turn the floor over to your host, Eric Tracy, Vice President of Corporate Finance and Investor Relations. Sir, the floor is yours.

Eric Tracy

Thank you, operator and welcome to Kontoor Brands’ Second Quarter 2022 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.

Second quarter 2022 results are on a GAAP basis. Select comparisons to first quarter 2021 results will be on an adjusted dollar basis and in certain cases, we will make comparisons to 2019 results, which we clearly defined in the news release that was issued earlier this morning and is available on our website at kontoorbrands.com.

Reconciliations of GAAP measures to adjusted amounts can be found on the supplemental financial tables included in today’s news release. These tables identify and quantify excluded items and provide management’s view of why this information is useful to investors. Comparisons will be in constant currency, unless otherwise stated.

Joining me on today’s call are Kontoor Brands’ Chief Executive Officer

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