Kontoor Brands, Inc. (KTB)

NYSE: KTB · IEX Real-Time Price · USD
69.23
+0.59 (0.86%)
May 14, 2024, 4:00 PM EDT - Market closed
0.86%
Market Cap 3.87B
Revenue (ttm) 2.57B
Net Income (ttm) 224.21M
Shares Out 55.83M
EPS (ttm) 3.95
PE Ratio 17.53
Forward PE 14.19
Dividend $2.00 (2.89%)
Ex-Dividend Date Jun 10, 2024
Volume 240,687
Open 69.27
Previous Close 68.64
Day's Range 68.81 - 69.63
52-Week Range 37.10 - 69.98
Beta 1.14
Analysts Strong Buy
Price Target 73.50 (+6.17%)
Earnings Date May 2, 2024

About KTB

Kontoor Brands, Inc., a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. It operates in the Americas, Europe, the Middle East, ... [Read more]

CEO Scott H. Baxter
Employees 13,700
Stock Exchange NYSE
Ticker Symbol KTB
Full Company Profile

Financial Performance

In 2023, Kontoor Brands's revenue was $2.61 billion, a decrease of -0.91% compared to the previous year's $2.63 billion. Earnings were $230.99 million, a decrease of -5.91%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for KTB stock is "Strong Buy." The 12-month stock price forecast is $73.5, which is an increase of 6.17% from the latest price.

Price Target
$73.5
(6.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kontoor CEO on Q1 beat

Scott Baxter, Kontoor Brands CEO, joins CNBC's 'The Exchange' to break down growth drivers for Kontoor, DTC strategy, and more.

12 days ago - CNBC Television

Lee® Launches Golf Collection for Men

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® launches golf collection for men.

12 days ago - Business Wire

Wrangler parent Kontoor's stock jumps toward a three-year high after earnings beat, raised outlook

Shares of Kontoor Brands Inc. KTB, +0.13% jumped 4.7% toward a three-year high in premarket trading Thursday, after the parent of the Wrangler and Lee jeans brands beat first-quarter profit and sales ...

12 days ago - Market Watch

Kontoor Brands Reports 2024 First Quarter Results; Raises Full Year Outlook

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

12 days ago - Business Wire

Wrangler® Broadens Commitment to Upcycling of Denim Through Partnerships with Beyond Retro and Accelerating Circularity

GREENSBORO, N.C.--(BUSINESS WIRE)--Global denim icon Wrangler® today announced a number of new partnerships in a continued strategic effort to keep denim waste out of landfills through systemic circul...

22 days ago - Business Wire

Kontoor Brands Declares Quarterly Dividend

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

25 days ago - Business Wire

Kontoor Brands Announces First Quarter 2024 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

4 weeks ago - Business Wire

Kontoor Brands Announces Tom Waldron as Chief Operating Officer

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

2 months ago - Business Wire

Kontoor Brands Board of Directors Elects Mary Campbell as New Director

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) (the “Company” or “Kontoor”), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic co...

2 months ago - Business Wire

Kontoor Brands Reports 2023 Fourth Quarter and Full Year Results; Provides 2024 Outlook and Announces Project Jeanius Global Transformation

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

2 months ago - Business Wire

Kontoor Brands Announces Fourth Quarter 2023 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

3 months ago - Business Wire

Kontoor Brands Appoints Michael Karapetian as Vice President of Corporate Development, Strategy, and Investor Relations

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

3 months ago - Business Wire

Yellow Rose by Kendra Scott Collaborates with Wrangler® on Limited-Edition Jewelry and Apparel Collection

Two iconic brands team up for exclusive collaboration benefiting the National FFA Organization (formerly Future Farmers of America) AUSTIN, Texas , Jan. 17, 2024 /PRNewswire/ -- Yellow Rose by Kendra ...

4 months ago - PRNewsWire

Kontoor Brands Announces $300 Million Share Repurchase Program

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

5 months ago - Business Wire

Kontoor Brands Foundation Awards its 2023 Grants to Seven Leading Non-Profits Advancing Food and Housing Security in Greensboro, North Carolina

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands Foundation, the private grantmaking organization funded by Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company led by two of...

6 months ago - Business Wire

Kontoor Brands Reports 2023 Third Quarter Results; Updates 2023 Outlook

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

6 months ago - Business Wire

Wrangler, Lee jeans parent Kontoor raises dividend, to lift yield above 4.2%

Wrangler and Lee jeans parent Kontoor Brands Inc. KTB, -0.67% raised its quarterly dividend by 4.2%, to 50 cents a share from 48 cents a share. Shareholders of record on Dec. 8 will be paid the new di...

7 months ago - Market Watch

Kontoor Brands Declares Quarterly Dividend of $0.50 Per Share, a 4 Percent Increase

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

7 months ago - Business Wire

Kontoor Brands Announces Third Quarter 2023 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

7 months ago - Business Wire

Kontoor Brands Surpasses 10 Billion Liter Water Savings Goal Two Years Ahead of Schedule, Thanks to Indigood® Program

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 Le...

7 months ago - Business Wire

Kontoor Brands Announces Retirement of Chief Financial Officer Rustin Welton and Appoints Joe Alkire as Successor

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

9 months ago - Business Wire

Kontoor Brands Reports 2023 Second Quarter Results; Reaffirms 2023 Outlook Excluding Restructuring Charges Associated With Strategic Actions

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

10 months ago - Business Wire

Kontoor Brands Appoints Pete Kidd as Executive Vice President and Chief Human Resources Officer

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 L...

10 months ago - Business Wire

Kontoor Brands Announces Second Quarter 2023 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

10 months ago - Business Wire

Kontoor Brands Reports 2023 First Quarter Results; Reaffirms 2023 Outlook

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 ...

1 year ago - Business Wire