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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Kontoor (KTB) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Kontoor (KTB)

Here is Why Growth Investors Should Buy Kontoor (KTB) Now

Kontoor Brands, Inc. reported mixed 2Q24 results with flat revenues and improved margins, leading to a 27% increase in EPS. Positive developments include market share gains and potential upturn in wholesale demand, but negatives include weakness in Lee and Asia segments. Valuation remains fair with the stock price unchanged, leading to a Hold rating and uncertainty about sales growth despite the positive denim cycle.

Kontoor Brands Q2: Challenged In Wholesale, Valuation Fair But Not Opportunistic

Kontoor Brands, Inc. (NYSE:KTB ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Michael Karapetian – Vice President, Corporate Development, Strategy, and Investor Relations Scott Baxter – President, Chief Executive Officer and Chair Joe Alkire – Chief Financial Officer Conference Call Participants Ike Boruchow – Wells Fargo Brooke Roach – Goldman Sachs Bob Drbul – Guggenheim Peter McGoldrick – Stifel Mauricio Serna – UBS Paul Kearney – Barclays Laurent Vasilescu – BNP Paribas Operator Greetings, and welcome to the Kontoor Brands Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kontoor Brands, Inc. (KTB) Q2 2024 Earnings Call Transcript

Kontoor Brands (KTB) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.77 per share a year ago.

Kontoor Brands (KTB) Beats Q2 Earnings and Revenue 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 June 29, 2024. “We delivered second quarter results that exceeded our expectations driven by higher revenue, stronger gross margin expansion and cash flow generation,” said Scott Baxter, President, Chief Executive Officer and Chair of Konto.

Kontoor Brands Reports 2024 Second Quarter Results; Raises Full Year 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 Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on September 20, 2024, to shareholders of record at the close of business on September 10, 2024. About Kontoor Brands Kontoor Brands, Inc.

Kontoor Brands Declares Quarterly Dividend

Investors looking for stocks in the Textile - Apparel sector might want to consider either PVH (PVH) or Kontoor Brands (KTB). But which of these two stocks presents investors with the better value opportunity right now?

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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 second quarter 2024 financial results on Thursday, August 1, 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 live.

Kontoor Brands Announces Second Quarter 2024 Earnings and Conference Call Date

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GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and HEYDUDE™ launch new collaboration for summer.

Denim and Dudes: Lee and HEYDUDE Launch New Collaboration for Summer

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Kontoor Brands (KTB) Q1 results benefit from a gain in market share, expansion of new product and notable growth in its direct-to-consumer (DTC) business.

Kontoor Brands (KTB) Q1 Earnings Beat, FY2024 Guidance Up

Kontoor Brands, Inc. (NYSE:KTB ) Q1 2024 Results Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Michael Karapetian - Vice President, Corporate Development, Strategy, and Investor Relations Scott Baxter - President, Chief Executive Officer and Chair of the Board Joe Alkire - Executive Vice President and Chief Financial Officer Conference Call Participants James Duffy - Stifel Financial Corp. Robert Drbul - Guggenheim Securities Brooke Roach - Goldman Sachs Mauricio Serna - UBS Group AG Laurent Vasilescu - BNP Paribas Will Gaertner - Wells Fargo & Company Paul Kearney - Barclays Capital Operator Greetings. And welcome to the Kontoor Brands First Quarter 2024 Earnings Call.

Kontoor Brands, Inc. (KTB) Q1 2024 Earnings Call Transcript

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® launches golf collection for men.

Lee® Launches Golf Collection for Men

Kontoor Brands (KTB) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.16 per share a year ago.

Kontoor Brands (KTB) Tops Q1 Earnings and Revenue Estimates

Shares of Kontoor Brands Inc. KTB, +0.13% jumped 4.7% toward a three-year high in premarket trading Thursday, after the parent of the Wrangler and Lee jeans brands beat first-quarter profit and sales expectation and boosted its full-year outlook despite continued inventory cuts by retailers. Net income fell to $59.5 million, or $1.05 a share, from $66.3 million, or $1.16 a share, in the year-ago period.

Wrangler parent Kontoor's stock jumps toward a three-year high after earnings beat, raised 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 Lee®, today reported financial results for its first quarter ended March 30, 2024. “Our first quarter results were stronger than expected, driven by higher revenue, gross margin, and cash flow,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands. “We are pleased with another q.

Kontoor Brands Reports 2024 First Quarter Results; Raises Full Year Outlook

GREENSBORO, N.C.--(BUSINESS WIRE)--Global denim icon Wrangler® today announced a number of new partnerships in a continued strategic effort to keep denim waste out of landfills through systemic circularity practices. The variety of new initiatives all allow Wrangler to do more with less raw material. The brand is proud to further its commitment to sustainability through circularity by partnering with organizations dedicated to helping the fashion industry take a step forward when it comes to wa.

Wrangler® Broadens Commitment to Upcycling of Denim Through Partnerships with Beyond Retro and Accelerating Circularity

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 first quarter 2024 financial results on Thursday, May 2, 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 live and.

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 Lee®, today announced the appointment of Tom Waldron as Chief Operating Officer, effective March 19, 2024. “We are further advancing our operating model in conjunction with Project Jeanius to simplify our organization and increase speed and efficiency,” said Scott Baxter, President, Chief Executive Officer.

Kontoor Brands Announces Tom Waldron as Chief Operating Officer

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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 consumer brands, Wrangler® and Lee®, today announced that Mary Campbell has been elected to the Company's board of directors effective immediately. Additionally, the Company announced an increase in the size of the Board from seven to eight directors. Ms. Campbell is a senior executive with extensive knowledg.

Kontoor Brands Board of Directors Elects Mary Campbell as New Director

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 fourth quarter and full year ended December 30, 2023. “Our POS performance in the U.S. outpaced shipments in the fourth quarter and resulted in continued market share gains. However, the U.S. wholesale environment was challenging as retailers managed inventory.

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