Clothing company Kontoor Brands (NYSE: KTB) will be announcing earnings results this Thursday before market open. Here’s what investors should know.

Kontoor Brands beat analysts’ revenue expectations last quarter, reporting revenues of $1.02 billion, up 45.6% year on year. It was a strong quarter for the company, with full-year EPS guidance exceeding analysts’ expectations and an impressive beat of analysts’ adjusted operating income estimates.

Is Kontoor Brands a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Kontoor Brands’s revenue to grow 25.1% year on year, a reversal from the 1.3% decrease it recorded in the same quarter last year.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kontoor Brands has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Kontoor Brands’s peers in the consumer discretionary - apparel and accessories segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Columbia Sportswear posted flat year-on-year revenue, beating analysts’ expectations by 2.6%, and Levi's reported revenues up 14.1%, topping estimates by 5.6%. Columbia Sportswear traded up 2.3% following the results while Levi's was also up 10.7%.

Read our full analysis of Columbia Sportswear’s results here and Levi’s results here.

There has been positive sentiment among investors in the consumer discretionary - apparel and accessories segment, with share prices up 6% on average over the last month. Kontoor Brands is up 2.8% during the same time and is heading into earnings with an average analyst price target of $92.67 (compared to the current share price of $71.65).

ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all.

Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.