Kontoor Brands, Inc. (KTB)

NYSE: KTB · IEX Real-Time Price · USD
56.45
+1.06 (1.91%)
Apr 19, 2024, 4:00 PM EDT - Market closed
1.91%
Market Cap 3.17B
Revenue (ttm) 2.61B
Net Income (ttm) 230.99M
Shares Out 56.18M
EPS (ttm) 4.06
PE Ratio 13.90
Forward PE 11.84
Dividend $2.00 (3.54%)
Ex-Dividend Date Mar 7, 2024
Volume 465,505
Open 55.16
Previous Close 55.39
Day's Range 55.16 - 56.56
52-Week Range 37.10 - 64.49
Beta 1.16
Analysts Buy
Price Target 66.50 (+17.8%)
Earnings Date May 2, 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]

CEO Scott H. Baxter
Employees 13,700
Stock Exchange NYSE
Ticker Symbol KTB
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for KTB stock is "Buy." The 12-month stock price forecast is $66.5, which is an increase of 17.80% from the latest price.

Price Target
$66.5
(17.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

1 day ago - Business Wire

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 ...

9 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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 ...

3 months ago - PRNewsWire

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 ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

6 months ago - Market Watch

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 ...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

9 months ago - Business Wire

Kontoor Brands Announces Second 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 ...

10 months ago - Business Wire

Kontoor Brands Reports 2023 First Quarter Results; Reaffirms 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 ...

1 year ago - Business Wire

Kontoor Brands Announces First 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 ...

1 year ago - Business Wire

Kontoor Brands, Designing for a Better Tomorrow

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...

1 year ago - Business Wire

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1 year ago - CNBC

Wrangler, Lee jeans parent Kontoor stock surges after profit, revenue and full-year outlook were above expectations

Shares of Kontoor Brands Inc. KTB, -1.89% jumped 7.6% in premarket trading Tuesday, after the Wrangler and Lee jeans parent fourth-quarter profit and revenue that beat expectations and provided an upb...

1 year ago - Market Watch

Kontoor Brands Reports 2022 Fourth Quarter and Full Year Results; Provides 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 ...

1 year ago - Business Wire