KONTOOR BRANDS, INC. (KTB) reported Q3 FY25 results dominated by the May 31, 2025, acquisition of Helly Hansen (HH), which contributed \(192.7M in revenue this quarter, pushing Net Revenues up 27% to \)853.2 million (or $2.13B YTD).
However, significant integration expenses and restructuring costs severely compressed profitability. Operating Income fell 35% to \(63.9 million, and Net Income dropped 48% to \)36.9 million, resulting in Diluted EPS of \(0.66 (down from \)1.26 YoY). Gross Margin declined 340 bps to 41.3%, burdened by $38.1 million in restructuring charges related to manufacturing closu
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