Kontoor brands sees fy 2020 adjusted earnings per share $3.55 to $3.65

Kontoor brands reports fourth quarter and full year 2019 results; provides outlook for full year 2020.sees fy 2020 adjusted earnings per share $3.55 to $3.65.q4 adjusted earnings per share $0.97.q4 gaap earnings per share $0.50.q4 earnings per share estimate $0.92 -- refinitiv ibes data.sees fy 2019 revenue $2.55 billion.kontoor brands - outlook for 2020 excludes impact of covid-19 coronavirus.qtrly net revenues $652.6 million versus $726.2 million.during q4, u.s. revenue was $517 million, down 8% on a reported basis.kontoor brands - sees 2020 adjusted eps is expected to be in the range of $3.55 to $3.65.kontoor brands - cash flow from operations is expected to be greater than $325 million in 2020.kontoor brands - co is carefully monitoring coronavirus situation.in quarter, recorded non-cash impairment of intangible asset of $33 million charge related to rock & republic trademark."kontoor brands is carefully monitoring coronavirus situation".kontoor - anticipate potential negative global impact of about 4 points to first quarter revenue, due mostly to operations in china.kontoor - in terms of supply chain impacts, situation to be actively monitored, currently no disruptions in manufacturing or sourcing of materials.
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