Kontoor Brands, Inc. (KTB)
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]
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 StatementsAnalyst 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.
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...
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.
Kontoor Brands, Inc. (KTB) Q3 2024 Earnings Call Transcript
Kontoor Brands, Inc. (KTB) Q3 2024 Earnings Call Transcript
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 ...
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 ...
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...
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 ...
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
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...
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...
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...
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...
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...
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 ...
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 ...
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 ...
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 ...
Denim and Dudes: Lee and HEYDUDE Launch New Collaboration for Summer
GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and HEYDUDE™ launch new collaboration for summer.
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...
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.
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...
Lee® Launches Golf Collection for Men
GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® launches golf collection for men.
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 ...
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 ...
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...