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Stock impact report

Kontoor Brands (KTB) Stock Trades Up, Here Is Why [Yahoo! Finance]

Kontoor Brands, Inc. (KTB) 
Last kontoor brands, inc. earnings: 3/5 06:50 am Check Earnings Report
Company Research Source: Yahoo! Finance
past analysts' EPS expectations, driven by outperformance in its constant currency revenue growth and gross margin. It also reduced its inventory levels by 24% year on year. Looking ahead, Kontoor Brands raised its full-year EPS guidance, a great sign for investors (especially amongst a weaker consumer discretionary market backdrop). Overall, we think this was still a really good quarter that should please shareholders. Is now the time to buy Kontoor Brands? Access our full analysis report here, it's free What is the market telling us: Kontoor Brands's shares are not very volatile than the market average and over the last year have had only 8 moves greater than 5%. Moves this big are very rare for Kontoor Brands and that is indicating to us that this news had a significant impact on the market's perception of the business. The biggest move we wrote about over the last year was 2 months ago, when the company dropped 14.9% on the news that the company reported fourth-quarter res Show less Read more
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