Revenue: As of FY2027 Q1, the actual value is USD 613.32 M, missing the estimate of USD 812.1 M.EPS: As of FY2027 Q1, the actual value is USD 1.09, missing the estimate of USD 1.3857.EBIT: As of FY2027 Q1, the actual value is USD 104.01 M.<h4>Segment Revenue</h4><ul><li>Total Revenue (including discontinued operations): Kontoor Brands, Inc. reported $808 million for Q1 2026 .</li><li>Revenue from continuing operations: The company’s revenue from continuing operations was $613 million for Q1 2026, marking a 45% increase compared to the prior year .</li><li>Revenue from Lee (discontinued operations): Revenue from the Lee business, classified as discontinued operations, was $195 million for Q1 2026, compared to $199,900 thousand for Q1 2025 .</li><li>Wrangler brand global revenue: Global revenue for the Wrangler brand reached $435,839 thousand for Q1 2026, a 4% increase (2% on a constant currency basis) compared to the prior year . Wrangler U.S. revenue increased 1% to $373,749 thousand, while Wrangler international revenue grew 20% to $62,090 thousand for Q1 2026 .</li><li>Helly Hansen global revenue: Global revenue for Helly Hansen was $165,480 thousand for Q1 2026, with U.S. revenue at $36,154 thousand and International revenue at $129,326 thousand .</li><li>Other revenues (continuing operations): Other revenues from continuing operations were $12,003 thousand for Q1 2026, representing a 336% increase compared to the prior year .</li></ul><h4>Operational Metrics</h4><ul><li>Net income: Net income for Q1 2026 was $92,439 thousand, a 116% increase from $42,882 thousand in Q1 2025 .</li><li>Income from continuing operations: Income from continuing operations was $61,038 thousand for Q1 2026, a 496% increase compared to $10,249 thousand for Q1 2025 .</li><li>Income from discontinued operations, net of tax: This figure was $31,401 thousand for Q1 2026, reflecting a -4% decrease from $32,633 thousand for Q1 2025 .</li><li>Gross margin from continuing operations: Reported gross margin increased 810 basis points to 53.7% for Q1 2026, while adjusted gross margin increased 470 basis points to 50.6% .</li><li>Selling, General &amp; Administrative (SG&amp;A) expenses from continuing operations: Reported SG&amp;A expenses were $239,269 thousand, or 39.0% of revenue, for Q1 2026, a 48% increase from $161,365 thousand for Q1 2025. Adjusted SG&amp;A expenses were $223,703 thousand, or 36.5% of revenue .</li><li>Operating income from continuing operations: Reported operating income was $90,105 thousand for Q1 2026, a 187% increase from $31,369 thousand for Q1 2025. Adjusted operating income was $86,803 thousand for Q1 2026, a 60% increase from $54,199 thousand for Q1 2025 .</li><li>Interest expense: Interest expense was - $16,084 thousand for Q1 2026, a 64% increase compared to - $9,808 thousand for Q1 2025 .</li><li>Other expense, net: Other expense, net, was - $2,602 thousand for Q1 2026, a -75% decrease compared to - $10,293 thousand for Q1 2025 .</li></ul><h4>Cash Flow</h4><ul><li>Cash provided by operating activities: Cash provided by operating activities was $46,261 thousand for Q1 2026, compared to $77,625 thousand for Q1 2025 .</li><li>Property, plant and equipment expenditures: These expenditures were - $5,963 thousand for Q1 2026, compared to - $2,732 thousand for Q1 2025 .</li><li>Capitalized computer software: Capitalized computer software amounted to - $2,383 thousand for Q1 2026, compared to - $1,530 thousand for Q1 2025 .</li><li>Cash provided (used) by investing activities: Cash provided by investing activities was $3,905 thousand for Q1 2026, compared to - $4,762 thousand for Q1 2025 .</li><li>Repurchases of Common Stock: Repurchases of common stock totaled - $25,000 thousand for Q1 2026, compared to - $0 for Q1 2025 .</li><li>Dividends paid: Dividends paid were - $29,339 thousand for Q1 2026, compared to - $28,824 thousand for Q1 2025 .</li><li>Cash used by financing activities: Cash used by financing activities was - $69,493 thousand for Q1 2026, compared to - $37,876 thousand for Q1 2025 .</li></ul><h4>Unique Metrics</h4><ul><li>Share Repurchase Authorization: Kontoor Brands, Inc.’s Board of Directors authorized a new share repurchase program of up to $750 million of the company’s common stock, replacing the previous program . During Q1 2026, the company repurchased $25 million of common stock .</li><li>Dividend: A regular quarterly cash dividend of $0.53 per share was declared, payable on June 18, 2026 .</li><li>IEEPA Tariffs: The company expects to recover previously paid IEEPA tariffs, recognizing a net receivable of $54 million as of March 2026, which resulted in a $49 million reduction in cost of goods sold for Q1 2026 .</li></ul><h4>Outlook / Guidance (Full Year 2026)</h4>Kontoor Brands, Inc. raised its full-year 2026 outlook, projecting total revenue between $3.41 billion and $3.46 billion, with continuing operations revenue expected to be $2.66 billion to $2.71 billion . Adjusted EPS from continuing operations is anticipated to be $5.15 to $5.25, and adjusted operating income is expected to be $411 million to $418 million . The company also expects cash from operations to be around $450 million and aims for a net leverage ratio below 1.5 times on a continuing operations basis by year-end .

Kontoor Brands | 8-K: FY2027 Q1 Revenue Misses Estimate at USD 613.32 M