Kontoor Brands reports Q3 2024 earnings with adjusted financial metrics

Kontoor Brands, Inc. reported its Q3 2024 earnings today, highlighting changes in financial performance compared to the previous year. The company noted that results are adjusted for a $13 million duty charge recorded in Q3 2023, affecting year-over-year comparisons. During the call, executives discussed various financial metrics, including gross margin and operating income, while emphasizing that amounts are presented in constant currency. The company aims to provide a clearer view of its performance without the impact of the prior duty charge. The earnings call included participation from various financial analysts, who will engage in a question-and-answer session following the formal presentation.