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Kontoor Brands Raises EPS Outlook on Solid Q2 from Helly Hansen and Wrangler
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SGB Media Online
Selling, General & Administrative (SG&A) expenses were $238 million, or 40.7 percent of revenue on a reported basis in Q2.
On an adjusted basis, the company has excluded any impacts of the 2025-related IEEPA tariffs in its 2026 outlook.
In the fourth quarter of 2025, the 53rd week benefited Wrangler revenue growth by 8 percentage points and Helly Hansen revenue by $3 million.
The updated outlook compares to the prior outlook of 48.3 to 48.5 percent and primarily reflects stronger-than-expected year-to-date results and contribution from Helly Hansen.
The company’s updated outlook includes approximately $25 million of incremental brand-building and other growth-enabling investments as compared to the prior outlook.