Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, saw its stock plummet 9.35% in pre-market trading on Tuesday after releasing its fourth quarter and full year 2024 results. While the company reported robust financial performance, its 2025 outlook fell short of analyst expectations, sparking a selloff.
For the quarter, Kontoor posted revenue growth of 4% year-over-year and adjusted earnings per share (EPS) beating estimates. However, the company's 2025 guidance for adjusted EPS and revenue was below analyst consensus forecasts.
The key disappointment was Kontoor's 2025 outlook, which cited conservative retailer inventory management and tempered consumer spending expectations as the main reasons for the underwhelming guidance. The company expects revenue growth of 1-3% and adjusted EPS growth of 6-8% for the year, below Wall Street's estimates.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。