Kontoor Brands, Inc. (KTB)

NYSE: KTB · Real-Time Price · USD
87.56
-3.35 (-3.69%)
Nov 20, 2024, 4:00 PM EST - Market closed
-3.69%
Market Cap 4.83B
Revenue (ttm) 2.58B
Net Income (ttm) 250.60M
Shares Out 55.14M
EPS (ttm) 4.43
PE Ratio 19.76
Forward PE 16.82
Dividend $2.08 (2.38%)
Ex-Dividend Date Dec 9, 2024
Volume 333,425
Open 89.97
Previous Close 90.91
Day's Range 86.94 - 90.31
52-Week Range 52.82 - 92.48
Beta 1.22
Analysts Buy
Price Target 90.71 (+3.6%)
Earnings Date Oct 31, 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]

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 8 analysts, the average rating for KTB stock is "Buy." The 12-month stock price forecast is $90.71, which is an increase of 3.60% from the latest price.

Price Target
$90.71
(3.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

19 days 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.

20 days ago - CNBC Television

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

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

20 days 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 ...

21 days 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 ...

27 days 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 weeks 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 ...

6 weeks 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

6 weeks 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...

6 weeks 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...

2 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...

2 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...

3 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...

3 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 ...

4 months 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 ...

4 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 ...

4 months ago - Business Wire

Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: ADTSBUX
4 months ago - Benzinga

Denim and Dudes: Lee and HEYDUDE Launch New Collaboration for Summer

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and HEYDUDE™ launch new collaboration for summer.

Other symbols: CROX
5 months ago - Business Wire

Consumer is going buy what they need, Kontoor Brands CEO says

Consumers have been dealing with mounting pressure as prices rise due to persistent high inflation. In this challenging environment, Kontoor Brands (KTB) CEO Scott Baxter joins Catalysts to discuss ho...

6 months ago - Yahoo Finance

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.

7 months ago - CNBC Television

Kontoor Brands, Inc. (KTB) Q1 2024 Earnings Call Transcript

Kontoor Brands, Inc. (NYSE:KTB) Q1 2024 Results Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Michael Karapetian - Vice President, Corporate Development, Strategy, and Investor...

7 months ago - Seeking Alpha

Lee® Launches Golf Collection for Men

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

7 months 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 ...

7 months 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 ...

7 months 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...

7 months ago - Business Wire