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Kontoor Brands, Inc. (KTB)

NYSE: KTB · Delayed Price · USD
53.73
-0.21 (-0.39%)
At close: Dec 8, 2021 4:00 PM
54.19
0.46 (0.86%)
After-hours:Dec 8, 2021 7:00 PM EST
Market Cap3.08B
Revenue (ttm)2.46B
Net Income (ttm)194.63M
Shares Out57.32M
EPS (ttm)3.30
PE Ratio16.31
Forward PE10.57
Dividend$1.66 (3.09%)
Ex-Dividend DateDec 9, 2021
Volume240,678
Open54.53
Previous Close53.94
Day's Range53.73 - 55.05
52-Week Range35.48 - 69.16
Beta1.30
AnalystsBuy
Price Target75.00 (+39.6%)
Earnings DateNov 4, 2021

About KTB

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally. The company sells its products primarily through mass and mid-tier retailers, specialty stores, department stores, and retailer-owned and third-party e-commerce sites, as well as through direct-to-consumer channels, including full-price and outlet stores, and its websites. As of January 2, 2021, it operated 86 retail stores across the Americas, Europe, th...

IndustryTextiles, Apparel & Luxury Goods
CEOScott Baxter
Employees14,000
Stock ExchangeNYSE
Ticker SymbolKTB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for Kontoor Brands stock is "Buy." The 12-month stock price forecast is 75.00, which is an increase of 39.59% from the latest price.

Price Target
$75.00
(39.59% upside)
Analyst Consensus: Buy

News

Retail stages a big rebound

CNBC's Courtney Reagan reports on the rebound in retail stocks today. With CNBC's Brian Sullivan and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Bonawyn Eison.

6 days ago - CNBC Television

Bears are Losing Control Over Kontoor (KTB), Here's Why It's a 'Buy' Now

Kontoor (KTB) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Stre...

1 week ago - Zacks Investment Research

Wall Street Analysts Think Kontoor (KTB) Could Surge 33%: Read This Before Placing a Bet

The mean of analysts' price targets for Kontoor (KTB) points to a 32.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in...

1 week ago - Zacks Investment Research

Kontoor Brands Announces Departure of Juliana Chugg From Board of Directors

GREENSBORO, N.C.--(BUSINESS WIRE)--The Board of Directors of Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company with a portfolio led by two of the world's most iconic consumer brands, ...

2 weeks ago - Business Wire

Kontoor Brands Announces Closing of Senior Notes Offering

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (“Kontoor”) today announced that it has successfully completed its offering of $400.0 million aggregate principal amount of 4.125% Senior Notes du...

2 weeks ago - Business Wire

Wrangler® and Yellowstone, Cable's #1 Hit, Band Together to Deliver An Authentic Western Look for Fans

GREENSBORO, N.C.--(BUSINESS WIRE)--Global denim icon Wrangler®, and ViacomCBS Consumer Products, today announced its latest pop culture collaboration with Yellowstone, cable's #1 hit from Paramount Netw...

3 weeks ago - Business Wire

Kontoor Brands Announces Pricing of Senior Notes Offering

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (“Kontoor”) today announced that it has finalized the terms of its offering of $400.0 million aggregate principal amount of 4.125% Senior Unsecure...

4 weeks ago - Business Wire

Kontoor Brands Announces Launch of Senior Notes Offering

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. today announced that it intends to offer $400.0 million aggregate principal amount of Senior Notes due 2029 (the “Notes”). Kontoor intends to use ...

4 weeks ago - Business Wire

Kontoor Brands beats expectations and shares soar

Courtney Reagan joins 'The Exchange' with Kontoor Brands CEO Scott Baxter to discuss the company's earnings report and possible supply chain challenges in the next year.

1 month ago - CNBC Television

Wrangler, Lee Parent Kontoor Brands' Q3 Earnings Surpass Street View, Lifts FY21 Outlook

Kontoor Brands Inc (NYSE: KTB) reported third-quarter FY21 sales growth of 11.8% year-on-year, to $652.3 million, beating the analyst consensus of $615.38 million. The revenue increase was driven by str...

1 month ago - Benzinga

Kontoor Brands (KTB) Q3 Earnings and Revenues Surpass Estimates

Kontoor (KTB) delivered earnings and revenue surprises of 21.90% and 5.69%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Kontoor Brands Reports Third Quarter 2021 Results; Raises Outlook for Fiscal 2021

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB #earnings--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangl...

1 month ago - Business Wire

Kontoor Brands' Lee Enters Collaboration With Pendleton For New Collection

Kontoor Brands Inc's (NYSE: KTB) apparel brand, Lee, has partnered with Pendleton Woolen Mills, the family-owned lifestyle brand rooted in the Pacific Northwest. Original Lee styles such as the Lee 101 ...

1 month ago - Benzinga

Lee® and Pendleton® Announce First Collaboration

GREENSBORO, N.C.--(BUSINESS WIRE)--Two heritage American brands announce the launch of their first collaboration. Lee®, the iconic apparel brand known for its timeless style, and Pendleton Woolen Mills,...

1 month ago - Business Wire

Kontoor Brands Launches Indigood™ Facility Certification Program Aimed at Expanding the Adoption of Water Saving Tech...

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®, today a...

1 month ago - Business Wire

Kontoor Brands Hikes Dividend By 15%

Kontoor Brands Inc (NYSE: KTB) Board of Directors has increased the quarterly dividend by 15% to $0.46 per share of its common stock. The company's previous quarterly cash dividend was $0.40.

1 month ago - Benzinga

Kontoor Brands Declares Quarterly Dividend of $0.46 Per Share, a 15 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 Le...

1 month ago - Business Wire

Kontoor Brands Announces Third Quarter 2021 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®, today...

1 month ago - Business Wire

The Lee® Brand Announces New Fall Campaign: LeeOriginals

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee®, the iconic American denim and apparel brand, today announced a new advertising campaign – LeeOriginals (#leeoriginals).

2 months ago - Business Wire

Kontoor Brands Appoints Tammy Heller as Chief Human Resources Officer

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®, today ...

2 months ago - Business Wire

Wrangler® Launches Its Most Sustainable Denim Yet, Featuring Planet-Friendly Fiber Made from Textile Waste

GREENSBORO, N. C.--(BUSINESS WIRE)--Wrangler®, a global icon in jeanswear and casual apparel, today announced that it has teamed up with Infinited Fiber Company to incorporate Infinna™ – regenerated, re...

2 months ago - Business Wire

Denim Icon Wrangler® Launches Global "For the Ride of Life" Campaign Inspired by the Resilience and Optimism of the C...

GREENSBORO, N.C.--(BUSINESS WIRE)--Wrangler®, a global icon in jeanswear and casual apparel, today announced its fall/winter 2021 advertising campaign, “For the Ride of Life,” which celebrates everyday ...

2 months ago - Business Wire

5 Manufacturing and Auto Part Companies to Consider in September

According to the Guru and Insider Double Buys Screen, a Premium feature of GuruFocus, five manufacturing and auto part companies that gurus and insiders have bought shares in over the past three months ...

Other symbols:CPSCVGIMPAARL
3 months ago - GuruFocus

Kontoor Brands Announces Election of CEO Scott Baxter as Chair of the Board of Directors

GREENSBORO, N.C.--(BUSINESS WIRE)--The Board of Directors of Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company with a portfolio led by two of the world's most iconic consumer brands, ...

3 months ago - Business Wire

CEO of Wrangler parent says 'global casualization' will continue to dominate apparel market

Scott Baxter, CEO of Wrangler parent Kontoor Brands, told CNBC the pandemic-inspired casual clothing boom will continue to lead apparel sales.

4 months ago - CNBC