Kontoor Brands, Inc. (KTB)

NYSE: KTB · IEX Real-Time Price · USD
44.79
+0.05 (0.11%)
Dec 2, 2022 4:00 PM EST - Market closed
0.11%
Market Cap 2.41B
Revenue (ttm) 2.58B
Net Income (ttm) 237.80M
Shares Out 55.43M
EPS (ttm) 4.15
PE Ratio 10.79
Forward PE 10.15
Dividend $1.86 (4.15%)
Ex-Dividend Date Dec 8, 2022
Volume 231,409
Open 44.18
Previous Close 44.74
Day's Range 43.23 - 44.92
52-Week Range 30.98 - 56.24
Beta 1.12
Analysts Buy
Price Target 43.29 (-3.3%)
Earnings Date Nov 3, 2022

About KTB

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, A... [Read more]

Industry Textiles, Apparel & Luxury Goods
CEO Scott Baxter
Employees 14,000
Stock Exchange NYSE
Ticker Symbol KTB
Full Company Profile

Financial Performance

In 2021, Kontoor Brands's revenue was $2.48 billion, an increase of 18.02% compared to the previous year's $2.10 billion. Earnings were $195.42 million, an increase of 187.71%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for KTB stock is "Buy." The 12-month stock price forecast is 43.29, which is a decrease of -3.35% from the latest price.

Price Target
$43.29
(-3.35% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Wrangler® and Pendleton Woolen Mills Weave the Spirit of the West Into New Heritage-Inspired Collaboration

GREENSBORO, N.C.--( BUSINESS WIRE )--One of America's most recognized denim labels, Wrangler® , and the world-class leader in wool, Pendleton Woolen Mills, today announced the Wrangler x Pendleton Colle...

3 days ago - Business Wire

Wrangler® Brings Back the Classics in New Reissue Collection

GREENSBORO, N.C.--( BUSINESS WIRE )--Global denim icon Wrangler® today announced a limited collection of reissued archival designs that nod to defining moments in the brand's rich history. Since 1947, W...

2 weeks ago - Business Wire

75 Diamonds For 75 Years: Wrangler® to Auction Custom Belt Buckle in Support of Next Generation Cowboy & Cowgirl

GREENSBORO, N.C.--( BUSINESS WIRE )--Global denim icon Wrangler® announced today the digital auction of a one-of-one belt buckle hand-crafted by legendary buckle and jewelry company Montana Silversmiths...

2 weeks ago - Business Wire

Kontoor Brands (KTB) Q3 Earnings Beat Estimates

Kontoor (KTB) delivered earnings and revenue surprises of 12.12% and 3.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Lee® Announces Global Collaboration With The Brooklyn Circus

GREENSBORO, N.C.

1 month ago - Business Wire

Kontoor Brands Appoints Ezio Garciamendez as Senior Vice President, Chief Supply Chain 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 Lee...

2 months ago - Business Wire

Wrangler® Introduces Denim Collection Designed by Grammy Award-Winning Musician Leon Bridges

GREENSBORO, N.C.--(BUSINESS WIRE)--Wrangler®, one of America's most recognized denim labels, has announced the continuation of the brand's collaboration with “Mr. Wrangler,” Grammy award-winning recordi...

2 months ago - Business Wire

KTB vs. LULU: Which Stock Is the Better Value Option?

KTB vs. LULU: Which Stock Is the Better Value Option?

Other symbols: LULU
2 months ago - Zacks Investment Research

Kontoor Brands (KTB) Beats Q2 Earnings Estimates

Kontoor (KTB) delivered earnings and revenue surprises of 4.81% and 1.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Kontoor Brands Reports Second Quarter 2022 Results; Updates Outlook for Full Year 2022

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...

3 months ago - Business Wire

Kontoor Brands (KTB) Reports Next Week: Wall Street Expects Earnings Growth

Kontoor (KTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Wrangler® Honors 75 Years of Western Heritage on National Day of the Cowboy

GREENSBORO, N.C.--(BUSINESS WIRE)--With 75 years of western heritage at its core, Wrangler®, one of America's most recognized denim labels, is celebrating cowboy culture during National Day of the Cowbo...

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 Le...

4 months ago - Business Wire

Kontoor Brands Announces Second Quarter 2022 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 Le...

4 months ago - Business Wire

Celebrating American Culture and the Spirit of Originality, Lee® Sponsors 2022 Bonnaroo® Music & Arts Festival

GREENSBORO, N.C.--(BUSINESS WIRE)--CELEBRATING AMERICAN CULTURE AND THE SPIRIT OF ORIGINALITY, LEE® SPONSORS 2022 BONNAROO® MUSIC & ARTS FESTIVAL

5 months ago - Business Wire

Andrew E. Page, EVP and Chief Financial Officer of Foot Locker, Inc., Elected to Kontoor Brands 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,...

5 months ago - Business Wire

KTB or LULU: Which Is the Better Value Stock Right Now?

KTB vs. LULU: Which Stock Is the Better Value Option?

Other symbols: LULU
6 months ago - Zacks Investment Research

Kontoor Brands Appoints Mame Annan-Brown as Global Head of ESG

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 ...

6 months ago - Business Wire

Wall Street Analysts Predict a 91% Upside in Kontoor (KTB): Here's What You Should Know

The mean of analysts' price targets for Kontoor (KTB) points to a 91.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in...

6 months ago - Zacks Investment Research

Wrangler, Lee Parent's Q1 Earnings Exceed Street View; Cuts Q2 EPS Outlook

Kontoor Brands Inc (NYSE: KTB) reported first-quarter FY22 sales growth of 4% year-on-year to $679.74 million, beating the consensus of $655.33 million. The company attributed the revenue growth to stre...

6 months ago - Benzinga

Kontoor Brands (KTB) Beats Q1 Earnings and Revenue Estimates

Kontoor (KTB) delivered earnings and revenue surprises of 16.67% and 3.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research