Kontoor Brands, Inc. (NYSE:KTB) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET
Company Participants
Eric Tracy - Vice President, Corporate Finance and Investor Relations
Scott Baxter - Chair and Chief Executive Officer
Rustin Welton - Chief Financial Officer
Conference Call Participants
Bob Drbul - Guggenheim Securities
Mauricio Serna - UBS
Will Gardner - Wells Fargo
Brooke Roach - Goldman Sachs
Paul Kearney - Barclays
Operator
Greeting and welcome to the Kontoor Brands’ Third Quarter 2022 Earnings Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation [Operator instructions] As a reminder, this conference is being recorded.
I'd now like to turn the call over to Eric Tracy, Vice President of Corporate Finance and Investor Relations. Thank you. You may begin.
Eric Tracy
Thank you, operator and welcome to Kontoor Brands' Third Quarter 2022 Earnings Conference Call. Participants on today’s call will make forward-looking statements. These statements are based on current expectations and are subject to uncertainties that could cause actual results to materially differ. These uncertainties are detailed in documents filed with the SEC. We urge you to read our risk factors, cautionary language, and other disclosures contained in those reports.
Select comparisons to 2021 results will be on an adjusted dollar basis and in certain cases, we will make comparisons to 2019 adjusted results, which we clearly defined in the news release that was issued earlier this morning and is available on our website at kontoorbrands.com.
Reconciliations of GAAP measures to adjusted amounts can be found on the supplemental financial tables included in today’s news release. These tables identify and quantify excluded items and provide management’s view of why this information is useful to investors. Comparisons will be in constant currency, unless otherwise stated.
Joining me on today’s call are Kontoor Brands’ President, Chief Executive Officer and Chair, Scott Baxter and Chief Financial Officer, Rustin Welton. We anticipate this call will last about an hour. Scott?
Scott Baxter
Thanks, Eric and thanks everyone for joining us today. We continue to operate in unprecedented times, so it's really important for me to start my comments today by thanking our Kontoor teams around the world. I'm so grateful to partner with them each and every day and proud of how our colleagues remain agile, resilient, and execute on our strategies even in the face of ongoing macroeconomic challenges.
We have a lot to cover, so let's get to it. There are three primary topics I want to address. First, as I know it is on everyone's mind, I'd like to offer some thoughts on the macro environment from our perspective, specifically acknowledging four key factors that are having the biggest near-term impact on our business at Kontoor.