Kontoor Brands Inc

Kontoor Brands, Inc. engages in the design, manufacture, sourcing, marketing, and distribution of a portfolio of brands. It operates through the Wrangler and Lee segment. The company was founded on November 18, 2018 and is headquartered in Greensboro, NC.

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Kontoor Brands reports robust Q4 earnings, eyes global expansion

Kontoor Brands showcased strong financial performance in Q4 2022, with a focus on brand equity, global growth opportunities, and strategic investments. Despite challenges in certain markets, the company is leveraging its strengths to drive future growth through targeted strategies and market expansion.

Kontoor Brands Inc meets Q1 expectations, eyes global expansion

Kontoor Brands Inc's Q1 performance met expectations, with a focus on U.S. strength and D2C growth. Challenges include gross margin pressure and inventory management, while opportunities lie in global expansion and brand resonance.
Strong brand performance in men's and women's categories, with a strategic focus on demand creation and digital reach. The company navigates through cost controls and investments to drive profitable growth.
Maintaining brand strength and resonance in China and globally is key, with a cautious approach to inventory levels. Conversations with partners and a focus on higher ROI opportunities drive future growth.
Overall, Kontoor Brands Inc is strategically positioned to leverage its strengths, address challenges, and capitalize on growth opportunities in the evolving retail landscape.

Kontoor Brands reports flat Q2 revenue but sees D2C strength

Kontoor Brands' Q2 performance was driven by strong D2C momentum, international business strength, and strategic demand creation. While facing challenges in pricing dynamics and underperformance of the Lee brand, the company sees opportunities for gross margin expansion and sustained growth in the back half of the year.

Kontoor Brands exceeds Q3 expectations, focuses on growth opportunities

Kontoor Brands delivered strong Q3 results, outperforming expectations with revenue growth and market share gains. The company is strategically investing in brand momentum and focusing on capital allocation priorities. Challenges include gross margin impact and inventory management actions, but opportunities for growth and margin recovery are evident.

Kontoor Brands Inc. reports mixed Q4 performance, eyes growth opportunities

Kontoor Brands Inc. navigated challenges in Q4 2023 with a focus on profitability improvement and innovation, anticipating modest growth and strong financial performance ahead.
Wrangler and Lee brands demonstrated resilience and growth potential through successful initiatives, partnerships, and innovation strategies, positioning them for future success.
Confidence in revenue improvement, gross margin expansion, and operating earnings growth, supported by strategic pricing actions and capital allocation strategies, underpin the company's financial strength.
Anticipated challenges in the U.S. macro environment require strategic adjustments, while opportunities in international markets and direct-to-consumer expansion offer avenues for future growth and market expansion.

Kontoor Brands Inc surpasses Q1 expectations, eyes strategic growth

Kontoor Brands Inc delivered a robust performance in Q1 2024, surpassing expectations and demonstrating strength in cash generation and strategic planning.
While facing challenges in certain segments, the company's focus on operational improvements and market expansion presents opportunities for future growth.
With a solid foundation in place and a proactive approach to addressing market dynamics, Kontoor Brands Inc is well-positioned for continued success and profitability.

Kontoor Brands Inc (KTB) beats Q2 expectations, raises full-year guidance

Kontoor Brands Inc (KTB) delivered strong Q2 results, exceeding expectations with growth in key areas. Project Genius is on track to deliver significant savings, supporting raised full-year guidance. Despite challenges, the company is optimistic about revenue growth acceleration and operational improvements.

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The start of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated.

Dividend Income Update March 2022

GREENSBORO, N.C.--(BUSINESS WIRE)--Global denim icon Wrangler® today announced the release of Wrangler Reborn™, a curated collection of vintage and preloved denim featuring items from as early as the 1950s to the 2000s. Including both styles that are in mint condition, as well as those that boast the highly sought after, broken-in threads, the collection's launch is well-timed with the brand's 75th anniversary and prolongs the life of its durable, distinctive denim. Wrangler Reborn™ celebrates

Wrangler® Releases Curated Collection of Vintage and Preloved Denim

The simplicity of the Kontoor Brands business model may be appealing as we enter an uncertain period with a war in the background.

Kontoor Brands Delivers Dividends And Peace Of Mind

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced the following executive leadership appointments: Chris Waldeck, currently EVP, Global Brand President of Lee®, will become EVP, Co-Chief Operating Officer, Global Brand President, Lee®. In addition to his continued responsibilities as EVP and Global Brand President of Lee, Chris will a

Chris Waldeck and Tom Waldron Appointed Co-Chief Operating Officers of Kontoor Brands

GREENSBORO, N.C.--(BUSINESS WIRE)--Wrangler® announced today the expansion of its Rooted CollectionTM, a line of jeans and shirts grown, cut and sewn in the USA. New for Spring ‘22, the brand has introduced a men's and women's jean made completely from U.S.-grown sustainable cotton, along with additional state-specific jeans for Alabama, California, North Carolina and Texas. The purpose of the collection is three-fold: to celebrate local farmers, promote sustainable farming practices and highli

Wrangler® Expands Made in USA Collection with 100% Traceable Cotton Grown by American Farmers

GREENSBORO, N.C.--(BUSINESS WIRE)-- #LeeJeans--To celebrate the 50th anniversary of Smiley®, iconic denim brand, Lee®, has joined hands with the globally renowned brand on a new lifestyle collection. Bringing to life the original Smiley® campaign, “Take the Time to Smile,” the curated capsule blends iconic Lee silhouettes and Smiley cheer for a feel-good vibe that is perfectly positioned for Spring 2022. Smiley® has been shaping the way the world expresses positivity through music, art and pop culture sinc

Lee® Celebrates Smiley® 50th Anniversary With New Global Collaboration

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, ahead of its participation at the UBS Consumer Conference, tomorrow, March 9th, 2022, has reaffirmed its 2022 outlook, as well as provided greater detail on its first half 2022 quarterly outlook. Additionally, in light of recent events in Europe, the Company has provided context to its business in the

Ahead of Management Participation at the UBS Consumer Conference, Kontoor Brands Reaffirms 2022 Outlook, Provides Detail on H1'22 Quarterly Outlook and European Business

Kontoor Brands is a way for investors to play two key lifestyle fashion brands. Although the company struggled because of the pandemic and has a volatile operating history on its bottom line, recent developments are encouraging.

Kontoor Brands: A Favorable Prospect In Current Conditions

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Kontoor Brands' (KTB) CEO Scott Baxter on Q4 2021 Results - Earnings Call Transcript

Kontoor (KTB) delivered earnings and revenue surprises of 12.82% and 0.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Kontoor Brands (KTB) Beats Q4 Earnings Estimates

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), 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 year ended January 1, 2022. “Kontoor's solid fourth quarter and full year 2021 performance demonstrates how our strategies are working. In the quarter, we amplified strategic investments and delivered near-term results while continuing to set

Kontoor Brands Reports 2021 Fourth Quarter and Full Year Results; Provides 2022 Outlook

Kontoor Brands Inc (NYSE: KTB) reported fourth-quarter FY21 sales growth of 3.1% year-on-year, to $681 million, missing the consensus of $688.23 million. The company attributed the revenue growth to strength in digital own.com, positive trends in the U.S. wholesale business, and.

Wrangler, Lee Parent Kontoor Brands' Q4 Top-Line Misses Street View

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), 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 2021 financial results on Tuesday, March 1, 2022, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live an

Kontoor Brands Announces Fourth Quarter 2021 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)--The Board of Directors of Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, has named Ashley Goldsmith, Executive Vice President and Chief People Officer of Workday, Inc., as a director, effective immediately. “We're pleased to welcome Ashley to Kontoor's Board of Directors,” said Scott Baxter, President, Chief Executive Officer & Chair of the Bo

Ashley Goldsmith, EVP & Chief People Officer of Workday, Inc., Elected to Kontoor Brands Board of Directors

Kontoor Brands Inc's (NYSE: KTB) Wrangler has partnered with clothing brand Roark to release the Wrangler x Roark' Out of Range' collection. The collaboration aims to capture the courageous and adventurous spirit of the west.

Wrangler Partners With Roark For Adventure-Ready Collection

LAGUNA BEACH, Calif.--(BUSINESS WIRE)--Adventure-ready brand Roark and global denim icon Wrangler® have partnered to release the Wrangler x Roark ‘Out of Range' collection, a collaboration that captures the courageous and adventurous spirit of the west. The Wrangler x Roark ‘Out of Range' collection offers adventure ready, premium men's apparel that blends the ruggedness of western wear with the durability and legacy of Wrangler construction. The limited-edition drop, spans from high quality de

Wrangler® and Roark Drop Adventure-Ready ‘Out of Range' Collection

KTB has been punished in recent weeks. While I don't see a rally in the short-term, there's a lot to like here.

Kontoor Brands: Now Is Your Time To Accumulate

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Building on its previous commitments and stated goals, Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today released its 2020 Sustainability Report, the second report in the company's two years as a publicly traded organization. In accordance with the standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB)

Kontoor Brands Releases 2020 Sustainability Report Showing Strong Progress in Achieving Company Goals

Kontoor (KTB) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Bears are Losing Control Over Kontoor (KTB), Here's Why It's a 'Buy' Now

The mean of analysts' price targets for Kontoor (KTB) points to a 32.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Kontoor (KTB) Could Surge 33%: Read This Before Placing a Bet

GREENSBORO, N.C.--(BUSINESS WIRE)--The Board of Directors of Kontoor Brands, Inc. (NYSE: KTB), 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 now that Kontoor has successfully delivered against its Horizon 1 growth strategy, Juliana Chugg will depart the Kontoor Brands Board of Directors, effective November 30, in order to focus on other business obligations. Chugg, previously Global Core Brands

Kontoor Brands Announces Departure of Juliana Chugg From Board of Directors

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (“Kontoor”) today announced that it has successfully completed its offering of $400.0 million aggregate principal amount of 4.125% Senior Notes due 2029 (the “Notes”). Kontoor intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of the following outstanding debt in connection with the amendment and extension of Kontoor's Credit Agreement, dated as of May 17, 2019, including the senior secured cre

Kontoor Brands Announces Closing of Senior Notes Offering

GREENSBORO, N.C.--(BUSINESS WIRE)--Global denim icon Wrangler®, and ViacomCBS Consumer Products, today announced its latest pop culture collaboration with Yellowstone, cable's #1 hit from Paramount Network and 101 Studios. The official licensed Wrangler x Yellowstone Collection came to fruition after much of the denim apparel was seen organically on the show's beloved characters through the first three seasons and continues to be worn in Season Four which premiered on Sunday, November 7 to reco

Wrangler® and Yellowstone, Cable's #1 Hit, Band Together to Deliver An Authentic Western Look for Fans

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (“Kontoor”) today announced that it has finalized the terms of its offering of $400.0 million aggregate principal amount of 4.125% Senior Unsecured Notes due 2029 (the “Notes”). Kontoor anticipates that consummation of the offering will occur on November 18, 2021, subject to customary closing conditions and intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of the following outstanding debt in

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