Kontoor Brands, Inc. (KTB)

NYSE: KTB · Real-Time Price · USD
87.93
-1.60 (-1.79%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.79%
Market Cap 4.85B
Revenue (ttm) 2.58B
Net Income (ttm) 250.60M
Shares Out 55.14M
EPS (ttm) 4.43
PE Ratio 19.85
Forward PE 16.87
Dividend $2.08 (2.37%)
Ex-Dividend Date Mar 10, 2025
Volume 806,295
Open 90.21
Previous Close 89.53
Day's Range 87.86 - 91.11
52-Week Range 52.95 - 96.80
Beta 1.22
Analysts Strong Buy
Price Target 90.43 (+2.84%)
Earnings Date Feb 25, 2025

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]

Founded 2018
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 $90.43, which is an increase of 2.84% from the latest price.

Price Target
$90.43
(2.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Kontoor BrandsKontoor Brands CEO Scott Baxter sits down with Jim Cramer

Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.

1 day ago - CNBC Television

We wanted outdoor and workwear company, Helly Hansen is both, says Kontoor Brands CEO

Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen, international business, and more.

1 day ago - CNBC Television

Kontoor Brands CEO describes growth plans for new acquisition

In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter explained why the apparel company purchased outdoor and workwear outfit Helly Hansen, citing growth potential and an exp...

1 day ago - CNBC

Kontoor Brands: Helly Hansen, A Massive Purchase

Kontoor Brands is acquiring Helly Hansen for $900 million to diversify into the outdoor and workwear market, aiming for long-term growth and value creation. Despite the strategic acquisition, Kontoor ...

2 days ago - Seeking Alpha

Canadian Tire to sell Helly Hansen business to Kontoor Brands for $901 million

Canadian Tire said on Wednesday it would sell its premium workwear business Helly Hansen to Kontoor Brands for C$1.28 billion ($901.2 million), as part of efforts to focus on its core business.

2 days ago - Reuters

Kontoor Brands Announces Definitive Agreement to Acquire Iconic Global Outdoor and Workwear Brand Helly Hansen®

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 days ago - Business Wire

Kontoor Brands Reports Preliminary 2024 Fourth Quarter Results

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®, tod...

2 days ago - Business Wire

Kontoor Brands Declares Quarterly Dividend

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®, tod...

7 days ago - Business Wire

Kontoor Brands Announces Fourth Quarter 2024 Earnings and Conference Call Date

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®, tod...

10 days ago - Business Wire

17 Upcoming Dividend Increases, Including A King

With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buyin...

Other symbols: ADPAIZALAVNTBDXHPQMSI
2 months ago - Seeking Alpha

Lee® Launches New Handbags Line on Social and Ecommerce Platforms for Holiday Shopping

GREENSBORO, N.C.--(BUSINESS WIRE)--Just in time for early holiday shopping, Lee® announces a curated line of handbags and totes that pay homage to the brand's denim heritage. Made under license by the...

4 months ago - Business Wire

Kontoor Brands CEO Scott Baxter on Q3 earnings beat

Scott Baxter, Kontoor Brands CEO, joins CNBC's 'The Exchange' to discuss Kontoor's third-quarter earnings beat, the growth of the company through marketing, and more.

4 months ago - CNBC Television

Kontoor Brands, Inc. (KTB) Q3 2024 Earnings Call Transcript

Kontoor Brands, Inc. (KTB) Q3 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

Kontoor Brands Reports 2024 Third 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 ...

4 months ago - Business Wire

Kontoor Brands Declares Quarterly Dividend of $0.52 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 ...

4 months ago - Business Wire

Kontoor Brands: No Longer A Good Fit

Kontoor Brands, the owner of Wrangler and Lee jeans, has seen significant stock gains but now appears fairly valued, prompting a downgrade to 'hold'. Despite mixed financial results, recent improvemen...

4 months ago - Seeking Alpha

Kontoor Brands Announces Third 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 months ago - Business Wire

Western-Inspired Beer Meets Western Wear As Coors® Original and Wrangler® Team Up to Make Beer Wash Jeans

New collaboration brings a Coors twist to the look and feel of classic Wrangler Cowboy Cut jeans New collaboration brings a Coors twist to the look and feel of classic Wrangler Cowboy Cut jeans

4 months ago - GlobeNewsWire

Coors® Banquet and Wrangler® Partner to Make Beer Wash Jeans

New collaboration brings a Coors Banquet twist to the look and feel of classic Wrangler  C owboy Cut jeans GOLDEN, Colo. , Oct. 8, 2024 /PRNewswire/ -- From concert stages and rodeos, to tailgates and...

4 months ago - PRNewsWire

Hello, Rainy Day Blues: Lee® and STUTTERHEIM Launch New Collaboration

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and STUTTERHEIM have partnered together on a collaboration that transforms classic workwear into modern rainwear. The Lee® x STUTTERHEIM collection integrates L...

5 months ago - Business Wire

Grit and Glamour Meet Fierce and Fabulous: Wrangler® X Lainey Wilson Unites Two Western Icons

GREENSBORO, N.C.--(BUSINESS WIRE)--As part of a multi-year partnership, today Wrangler® launched its highly anticipated apparel collaboration with country superstar Lainey Wilson, the first ever for t...

5 months ago - Business Wire

Kontoor Brands Q2: Challenged In Wholesale, Valuation Fair But Not Opportunistic

Kontoor Brands, Inc. reported mixed 2Q24 results with flat revenues and improved margins, leading to a 27% increase in EPS. Positive developments include market share gains and potential upturn in who...

7 months ago - Seeking Alpha

Kontoor Brands, Inc. (KTB) Q2 2024 Earnings Call Transcript

Kontoor Brands, Inc. (NYSE:KTB) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Michael Karapetian – Vice President, Corporate Development, Strategy, and Investor Rela...

7 months ago - Seeking Alpha

Kontoor Brands Reports 2024 Second 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 ...

7 months ago - Business Wire

Kontoor Brands Announces Second 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 ...

8 months ago - Business Wire