Kontoor Brands reported preliminary fourth-quarter 2024 revenue of approximately $699 million, marking a 4% increase year-over-year (5% in constant currency). The company's adjusted gross margin improved to 44.7%, up 160 basis points, excluding an out-of-period duty charge from the prior year. Reported earnings per share (EPS) were approximately $1.14, while adjusted EPS was $1.38, reflecting a 2% increase on an adjusted basis. When excluding prior-year tax benefits, adjusted EPS increased by approximately 23%. Full-year cash flow from operations reached approximately $368 million, and inventory levels decreased 22% to $390 million. CEO Scott Baxter attributed the strong finish to 2024 to consistent execution, strategic investments in brands, and the global team's efforts. He highlighted the benefits of Project Jeanius and the recently announced acquisition of Helly Hansen as key drivers for continued strong performance in 2025.