Kontoor Brands, Inc. (KTB)
| Market Cap | 3.62B |
| Revenue (ttm) | 2.57B |
| Net Income (ttm) | 224.21M |
| Shares Out | 55.83M |
| EPS (ttm) | 3.95 |
| PE Ratio | 16.41 |
| Forward PE | 12.99 |
| Dividend | $2.00 (3.09%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 244,711 |
| Open | 65.10 |
| Previous Close | 64.87 |
| Day's Range | 64.49 - 65.11 |
| 52-Week Range | 37.10 - 74.90 |
| Beta | 1.16 |
| Analysts | Strong Buy |
| Price Target | 75.17 (+15.95%) |
| Earnings Date | Aug 1, 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 7 analysts, the average rating for KTB stock is "Strong Buy." The 12-month stock price forecast is $75.17, which is an increase of 15.95% from the latest price.
News
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.
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...
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 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 ...
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 ...
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...
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 ...
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 ...
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 ...
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 ...
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 ...
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...
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 ...
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...
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 ...
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 ...
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...
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 ...
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 ...
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...