Kontoor Brands, Inc. (KTB)
| Market Cap | 3.08B |
| Revenue (ttm) | 2.46B |
| Net Income (ttm) | 194.63M |
| Shares Out | 57.32M |
| EPS (ttm) | 3.30 |
| PE Ratio | 16.31 |
| Forward PE | 10.57 |
| Dividend | $1.66 (3.09%) |
| Ex-Dividend Date | Dec 9, 2021 |
| Volume | 240,678 |
| Open | 54.53 |
| Previous Close | 53.94 |
| Day's Range | 53.73 - 55.05 |
| 52-Week Range | 35.48 - 69.16 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 75.00 (+39.6%) |
| Earnings Date | Nov 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...
Financial Performance
Financial StatementsAnalyst 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.
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.
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...
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...
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, ...
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...
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...
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...
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 ...
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.
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...
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?
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...
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 ...
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,...
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...
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.
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...
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...
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).
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 ...
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...
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 ...
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 ...
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, ...
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.