Kontoor BrandsNYSE: KTB

Kontoor Brands Q3 results reflect market share gains, revenue growth, gross margin expansion, improved operating earnings, and reduced inventory levels.

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 28, 2024. “Our third quarter results exceeded expectations driven by strong execution and business fundamentals,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands. “The investments in our brands con.

The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International are included in this Analyst Blog.

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 $0.52 per share of its common stock, an increase of $0.02 or 4 percent. The cash dividend will be payable on December 19, 2024, to shareholders of record at the close of business on December 9, 2024. “As we m.

New collaboration brings a Coors Banquet twist to the look and feel of classic Wrangler  C owboy Cut jeans GOLDEN, Colo. , Oct. 8, 2024 /PRNewswire/ -- From concert stages and rodeos, to tailgates and honky-tonks, Coors Banquet and Wrangler ®  have crossed paths for years.

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and STUTTERHEIM have partnered together on a collaboration that transforms classic workwear into modern rainwear. The Lee® x STUTTERHEIM collection integrates Lee's enduring workwear designs with advanced Scandinavian waterproof technology. This collection reinterprets Lee's iconic Storm Rider™ Jacket, Chore Jacket, and Bib Overall, using STUTTERHEIM's cutting-edge waterproof fabrics to blend traditional durability with contemporary innovation. The result.

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

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

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.