Kontoor Brands Inc is a global apparel company that specializes in designing, marketing, and distributing a wide range of clothing and accessories
Known for its iconic denim brands, the company focuses on delivering high-quality products that cater to various consumer preferences and lifestyles. Kontoor Brands operates through a network of retail and wholesale channels, ensuring a strong presence both online and in physical stores. By prioritizing innovation and sustainability, the company aims to enhance its brand portfolio while meeting the evolving demands of the fashion industry.
Shares of clothing company Kontoor Brands (NYSEKTB)
fell 15.2% in the morning session after the company reported dissapointing fourth-quarter earnings as full-year revenue and EPS guidance were missed. International revenue dipped slightly, dragged down by weaker wholesale performance in Asia and the Americas, offsetting gains in digital sales.
Clothing company Kontoor Brands (NYSEKTB) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.4% year on year to $699.3 million. On the other hand, the company’s full-year revenue guidance of $2.66 billion at the midpoint came in 0.7% below analysts’ estimates. Its non-GAAP profit of $1.38 per share was 2.2% above analysts’ consensus estimates.
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its fourth quarter and full year ended December 28, 2024.
Iconic denim brand Wrangler® and beloved Texas-based Whataburger are serving up a sizzling new apparel collaboration just in time for the Texas rodeo season. This collaboration blends Wrangler’s classic American style and Whataburger’s timeless appeal, creating a fresh collection to capture the hearts of fashion and food enthusiasts.
Kontoor Brands plans acquisition of outdoor and workwear brand Helly Hansen for approximately $900 million. The deal is expected to boost Kontoor's revenue and profit, with projections of over $680 million in revenue and $80 million in adjusted EBITDA for 2025.
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported preliminary financial results for its fourth quarter ended December 28, 2024.
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced it has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the agreement, Kontoor Brands will acquire 100% of Helly Hansen from Canadian Tire Corporation.
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.52 per share of its common stock. The cash dividend will be payable on March 20, 2025, to shareholders of record at the close of business on March 10, 2025.
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its fourth quarter 2024 financial results on Tuesday, February 25, 2025, at approximately 6:50 a.m. ET.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Guess (NYSEGES) and its peers.
Today, Lee, the iconic American brand known for timeless style and innovative fit solutions, launches Lee X, an exciting product platform that incorporates the latest in fabric technology and modern design.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at apparel and accessories stocks, starting with Levi's (NYSELEVI).
Let’s dig into the relative performance of Columbia Sportswear (NASDAQCOLM) and its peers as we unravel the now-completed Q3 apparel and accessories earnings season.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Kontoor Brands (NYSEKTB) and its peers.
Kontoor Brands has had an impressive run over the past six months as its shares have beaten the S&P 500 by 15.4%. The stock now trades at $92.02, marking a 28.7% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Lee and Alpha Industries have launched a new global collaboration celebrating the brands’ shared history of workwear apparel and iconic American style. The eight-piece Alpha x Lee capsule reimagines military-inspired designs and heritage details with a contemporary edge, featuring layered indigo and denim hues that bring workwear and utility styles to new heights.
