Kontoor Brands Inc

Kontoor Brands, Inc. engages in the design, manufacture, sourcing, marketing, and distribution of a portfolio of brands. It operates through the Wrangler and Lee segment. The company was founded on November 18, 2018 and is headquartered in Greensboro, NC.

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Kontoor Brands reports robust Q4 earnings, eyes global expansion

Kontoor Brands showcased strong financial performance in Q4 2022, with a focus on brand equity, global growth opportunities, and strategic investments. Despite challenges in certain markets, the company is leveraging its strengths to drive future growth through targeted strategies and market expansion.

Kontoor Brands Inc meets Q1 expectations, eyes global expansion

Kontoor Brands Inc's Q1 performance met expectations, with a focus on U.S. strength and D2C growth. Challenges include gross margin pressure and inventory management, while opportunities lie in global expansion and brand resonance.
Strong brand performance in men's and women's categories, with a strategic focus on demand creation and digital reach. The company navigates through cost controls and investments to drive profitable growth.
Maintaining brand strength and resonance in China and globally is key, with a cautious approach to inventory levels. Conversations with partners and a focus on higher ROI opportunities drive future growth.
Overall, Kontoor Brands Inc is strategically positioned to leverage its strengths, address challenges, and capitalize on growth opportunities in the evolving retail landscape.

Kontoor Brands reports flat Q2 revenue but sees D2C strength

Kontoor Brands' Q2 performance was driven by strong D2C momentum, international business strength, and strategic demand creation. While facing challenges in pricing dynamics and underperformance of the Lee brand, the company sees opportunities for gross margin expansion and sustained growth in the back half of the year.

Kontoor Brands exceeds Q3 expectations, focuses on growth opportunities

Kontoor Brands delivered strong Q3 results, outperforming expectations with revenue growth and market share gains. The company is strategically investing in brand momentum and focusing on capital allocation priorities. Challenges include gross margin impact and inventory management actions, but opportunities for growth and margin recovery are evident.

Kontoor Brands Inc. reports mixed Q4 performance, eyes growth opportunities

Kontoor Brands Inc. navigated challenges in Q4 2023 with a focus on profitability improvement and innovation, anticipating modest growth and strong financial performance ahead.
Wrangler and Lee brands demonstrated resilience and growth potential through successful initiatives, partnerships, and innovation strategies, positioning them for future success.
Confidence in revenue improvement, gross margin expansion, and operating earnings growth, supported by strategic pricing actions and capital allocation strategies, underpin the company's financial strength.
Anticipated challenges in the U.S. macro environment require strategic adjustments, while opportunities in international markets and direct-to-consumer expansion offer avenues for future growth and market expansion.

Kontoor Brands Inc surpasses Q1 expectations, eyes strategic growth

Kontoor Brands Inc delivered a robust performance in Q1 2024, surpassing expectations and demonstrating strength in cash generation and strategic planning.
While facing challenges in certain segments, the company's focus on operational improvements and market expansion presents opportunities for future growth.
With a solid foundation in place and a proactive approach to addressing market dynamics, Kontoor Brands Inc is well-positioned for continued success and profitability.

Kontoor Brands Inc (KTB) beats Q2 expectations, raises full-year guidance

Kontoor Brands Inc (KTB) delivered strong Q2 results, exceeding expectations with growth in key areas. Project Genius is on track to deliver significant savings, supporting raised full-year guidance. Despite challenges, the company is optimistic about revenue growth acceleration and operational improvements.

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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®, today announced plans to release its fourth quarter 2023 financial results on Wednesday, February 28, 2024, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast l.

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 Lee®, today announced the promotion of Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations. Most recently, Karapetian was Vice President of Corporate Development. “We are pleased to announce the expansion of Mike's role at Kontoor,” said Executive Vice President a.

Kontoor Brands Appoints Michael Karapetian as Vice President of Corporate Development, Strategy, and Investor Relations

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 Scott announces the launch of its first-ever collaboration, a joint collection with global denim brand Wrangler® . The limited-edition Wrangler  x Yellow Rose by Kendra Scott collection features signature Kendra Scott silhouettes and inlaid gemstones, woven together with modern, elevated fits and finishes from the most authentic denim brand of the West.

Yellow Rose by Kendra Scott Collaborates with Wrangler® on Limited-Edition Jewelry and Apparel Collection

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®, today reported that the Company's Board of Directors has authorized a share repurchase program of up to $300 million of the Company's common stock. The new repurchase authorization replaces the existing share repurchase program announced on August 5, 2021. “Today's announcement of a $300 million share.

Kontoor Brands Announces $300 Million Share Repurchase Program

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 the world's most iconic consumer brands, Wrangler® and Lee®, proudly announces grants to seven leading nonprofit organizations based in Greensboro, NC. The 2023 recipients were chosen for their innovative efforts addressing food and housing security for high-need community members. "Successfully addressing.

Kontoor Brands Foundation Awards its 2023 Grants to Seven Leading Non-Profits Advancing Food and Housing Security in Greensboro, North Carolina

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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®, today reported financial results for its third quarter ended September 30, 2023. “In the third quarter, we delivered strong revenue growth and profitability that was ahead of our expectations, excluding the duty charge, reflecting the broad-based strength of our business. Supported by strategic invest.

Kontoor Brands Reports 2023 Third Quarter Results; Updates 2023 Outlook

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AbbVie Inc. (ABBV), Exxon Mobil Corporation (XOM), Kontoor Brands, Inc. (KTB), Select Water Solutions, Inc. (WTTR) and Macatawa Bank Corporation (MCBC) recently hiked dividends.

5 Solid Stocks to Watch That Recently Hiked Dividends

Kontoor Brands, the owner of prominent apparel brands Wrangler and Lee, is scheduled to report earnings before the market opens on November 2.  The Street consensus for the company is earnings of $1.18 per share on revenue of $638.68 million, compared to $0.90 per share on revenue of $606.52 million a year earlier.

Wrangler, Lee parent poised to post 3Q sales growth next week

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 dividend on Dec. 18.

Wrangler, Lee jeans parent Kontoor raises dividend, to lift yield above 4.2%

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®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock, an increase of $0.02 or 4 percent. The cash dividend will be payable on December 18, 2023, to shareholders of record at the close of business on December 8, 2023. "Given t.

Kontoor Brands Declares Quarterly Dividend of $0.50 Per Share, a 4 Percent Increase

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With the start of the final quarter of 2023, it's time to take a look back at my previous month of dividend income. Getting close to that $2,000 milestone in a month sure looks amazing. I know, those end of quarter months are always the big payers but it's still nice to see.

Dividend Income Update September 2023

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®, today announced plans to release its third quarter 2023 financial results on Thursday, November 2, 2023, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live.

Kontoor Brands Announces Third Quarter 2023 Earnings and Conference Call Date

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The board controls a company's dividend policy, so there's no way to explicitly know what to expect. A company's dividend history can provide a signal to investors about a business.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Kontoor Brands (KTB) Stock Undervalued Right Now?

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,® today announced that it has surpassed its 2025 water savings goal of saving over 10 billion liters of freshwater since 2008. The goal was reached under an accelerated timeline due to Kontoor's focus on the implementation of the organization's Indigood Program, a global initiative that initially focused.

Kontoor Brands Surpasses 10 Billion Liter Water Savings Goal Two Years Ahead of Schedule, Thanks to Indigood® Program

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Investors interested in stocks from the Textile - Apparel sector have probably already heard of Kontoor Brands (KTB) and Lululemon (LULU). But which of these two companies is the best option for those looking for undervalued stocks?

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

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®, today announced that Rustin Welton, Executive Vice President and Chief Financial Officer, has decided to retire from Kontoor after four years of service with the Company. "I want to congratulate Rustin on his retirement and express my gratitude for his partnership and expert counsel that have been inv.

Kontoor Brands Announces Retirement of Chief Financial Officer Rustin Welton and Appoints Joe Alkire as Successor

Kontoor Brands, Inc. (NYSE:KTB ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Eric Tracy - VP, Corporate Finance and IR Scott Baxter - President, CEO and Chair Rustin Welton - CFO Conference Call Participants Bob Drbul - Guggenheim Will Gaertner - Wells Fargo Jim Duffy - Stifel Mauricio Serna - UBS Brooke Roach - Goldman Sachs Paul Kearney - Barclays Operator Greetings, and welcome to the Kontoor Brands' Q2 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Kontoor Brands, Inc. (KTB) Q2 2023 Earnings Call Transcript

Kontoor Brands (KTB) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.09 per share a year ago.

Kontoor Brands (KTB) Surpasses Q2 Earnings Estimates

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®, today reported financial results for its second quarter ended July 1, 2023. “We delivered second quarter results largely consistent with our expectations, with U.S. POS continuing to outpace shipments. Investments in our brands helped drive continued share gains in the core U.S. wholesale business. So.

Kontoor Brands Reports 2023 Second Quarter Results; Reaffirms 2023 Outlook Excluding Restructuring Charges Associated With Strategic Actions

Kontoor Brands' (KTB) second-quarter 2023 earnings results are likely to reflect the impacts of a challenging operating backdrop and inflationary pressures.

Here's What to Expect From Kontoor Brands (KTB) in Q2 Earnings

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®, today announced the appointment of Pete Kidd as Executive Vice President and Chief Human Resources Officer, effective July 20, 2023. Kidd will be responsible for the company's global human resources strategy and operations including total rewards, talent acquisition and retention, talent and organizati.

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 Lee®, today announced plans to release its second quarter 2023 financial results on Thursday, August 3, 2023, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live.

Kontoor Brands Announces Second Quarter 2023 Earnings and Conference Call Date

Kontoor Brands, Inc. is a lifestyle apparel company that specializes in designing, producing denim, apparel, footwear, and accessories. Revenue has declined at a 2% annual rate, as the company has been unable to drive a material increase in interest. Margins are attractive but are slipping due to inflation and increased discounting.

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