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Kontoor Brands (KTB) FY2017 results: revenue $2.8 billion

Kontoor Brands, Inc. (KTB) reported revenue of $2.8 billion for fiscal 2017, the year ended 30 December 2017. Net income was $116 million, and diluted earnings per share $2.05. The figures are the company's own, from the 10-K it filed with the SEC on 11 March 2020.

Revenue
$2.8 billion
FY2017FY2017
Operating margin
12.6%
FY2017FY2017
Net income
$116 million
FY2017FY2017
Diluted EPS
$2.05
FY2017FY2017

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2017Last 8 years
Revenue2,830
Cost of revenue1,658
Gross profit1,172
Gross margin41.4%
Selling, general and administrative815
Operating income357
Operating margin12.6%
Interest expense1.3
Pre-tax income359
Income tax243
Effective tax rate67.6%
Net income116
Net margin4.1%
Diluted EPS$2.05
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2017Last 8 years
Operating cash flow169
Capital expenditure25.6
Free cash flow143
Free cash flow margin5.1%
Cash from investing-57.6
Cash from financing-120
Depreciation and amortisation33.6
Share-based compensation13.0
Dividends paid0.0
Diluted shares, weighted57m

Balance sheet

$ millionFY2017Last 8 years
Shareholders' equity1,358
Fixed assets132
Goodwill219
Cash and equivalents80.8

10-K for the year ended 30 December 2017, filed 11 March 2020: the filing.