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Kontoor Brands (KTB) Stock

Profile

Country:

United States

IPO:

28 May 2019

Indexes:

Not included

Description:

Kontoor Brands, Inc. is one of the leaders in the global clothing industry. The company was spun off from VF Corporation in 2019. The headquarters is located in Greensboro, North Carolina (USA). Kontoor Brands, Inc. is involved in the development, production, and distribution of a wide range of denim clothing (pants, shirts, jackets, outerwear, accessories, etc.) under well-known global brands: Lee, Wrangler, and Rock & Republic. The company owns 7 manufacturing facilities in Mexico and 3 leased facilities in Nicaragua, as well as contracts with around 280 manufacturing facilities in more than 20 countries. Kontoor Brands sells its products in more than 65 countries worldwide through major retailers, distributors, specialty stores, department stores, and retail chains, as well as through its own and third-party websites.

Key Details

Price

$86.48

TTM Dividend Yield

2.34%(-29.94% YoY)

PE Ratio

19.48(+36.13% YoY)

Beta

0.68

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 09, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

01 Nov '24 UBS
Buy
01 Nov '24 Stifel
Hold
01 Nov '24 Guggenheim
Buy
01 Nov '24 Barclays
Overweight
23 Oct '24 Wells Fargo
Overweight
18 Oct '24 UBS
Buy
07 Oct '24 Stifel
Buy
02 Aug '24 Guggenheim
Buy
02 Aug '24 Barclays
Overweight
14 June '24 Stifel
Buy

Market Data

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Institutional Ownership

Are Consumer Discretionary Stocks Lagging Kontoor Brands (KTB) This Year?
Are Consumer Discretionary Stocks Lagging Kontoor Brands (KTB) This Year?
Are Consumer Discretionary Stocks Lagging Kontoor Brands (KTB) This Year?
KTB
zacks.com10 December 2024

This is a comparison of how Kontoor Brands (KTB) and Planet Fitness (PLNT) have done in relation to their industry this year.

KTB Q3 Earnings Beat Estimates, Raised Guidance Propel Stock Higher
KTB Q3 Earnings Beat Estimates, Raised Guidance Propel Stock Higher
KTB Q3 Earnings Beat Estimates, Raised Guidance Propel Stock Higher
KTB
zacks.com01 November 2024

Kontoor Brands' Q3 results show that they have gained market share, increased revenue, expanded their gross margin, improved their operating earnings, and lowered their inventory levels.

Kontoor Brands Reports 2024 Third Quarter Results; Raises Full Year Outlook
Kontoor Brands Reports 2024 Third Quarter Results; Raises Full Year Outlook
Kontoor Brands Reports 2024 Third Quarter Results; Raises Full Year Outlook
KTB
businesswire.com31 October 2024

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), a worldwide lifestyle clothing company known for its famous brands, Wrangler® and Lee®, has announced its financial results for the third quarter ending September 28, 2024. Scott Baxter, the President and CEO of Kontoor Brands, stated, “Our results for the third quarter surpassed expectations due to effective execution and solid business fundamentals.” He also mentioned that the investments in their brands continue to pay off.

The Zacks Analyst Blog The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International
The Zacks Analyst Blog The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International
The Zacks Analyst Blog The Gorman-Rupp, Kontoor Brands, Kontoor Brands and Standex International
KTB
zacks.com29 October 2024

This Analyst Blog features Gorman-Rupp, Kontoor Brands, and Standex International.

Kontoor Brands Declares Quarterly Dividend of $0.52 Per Share, a 4 Percent Increase
Kontoor Brands Declares Quarterly Dividend of $0.52 Per Share, a 4 Percent Increase
Kontoor Brands Declares Quarterly Dividend of $0.52 Per Share, a 4 Percent Increase
KTB
businesswire.com25 October 2024

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company known for its famous brands, Wrangler® and Lee®, has announced a quarterly cash dividend of $0.52 per share, which is an increase of $0.02 or 4 percent. This dividend will be paid on December 19, 2024, to shareholders who are on record by the end of business on December 9, 2024.

Coors® Banquet and Wrangler® Partner to Make Beer Wash Jeans
Coors® Banquet and Wrangler® Partner to Make Beer Wash Jeans
Coors® Banquet and Wrangler® Partner to Make Beer Wash Jeans
KTB
prnewswire.com08 October 2024

A new partnership adds a Coors Banquet style to the classic Wrangler Cowboy Cut jeans. From concerts and rodeos to tailgates and honky-tonks, Coors Banquet and Wrangler have been connected for many years.

Hello, Rainy Day Blues: Lee® and STUTTERHEIM Launch New Collaboration
Hello, Rainy Day Blues: Lee® and STUTTERHEIM Launch New Collaboration
Hello, Rainy Day Blues: Lee® and STUTTERHEIM Launch New Collaboration
KTB
businesswire.com26 September 2024

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and STUTTERHEIM have teamed up to create a new line that updates traditional workwear into stylish rainwear. The Lee® x STUTTERHEIM collection combines Lee's classic designs with modern Scandinavian waterproof technology. This collection gives a fresh take on Lee's well-known Storm Rider™ Jacket, Chore Jacket, and Bib Overall, using STUTTERHEIM's advanced waterproof materials to merge classic strength with modern style.

3 Reasons Growth Investors Will Love Kontoor (KTB)
3 Reasons Growth Investors Will Love Kontoor (KTB)
3 Reasons Growth Investors Will Love Kontoor (KTB)
KTB
zacks.com21 August 2024

Kontoor (KTB) has strong growth characteristics that may enable it to significantly exceed market performance.

Here is Why Growth Investors Should Buy Kontoor (KTB) Now
Here is Why Growth Investors Should Buy Kontoor (KTB) Now
Here is Why Growth Investors Should Buy Kontoor (KTB) Now
KTB
zacks.com05 August 2024

Kontoor (KTB) has strong growth characteristics that may enable it to significantly exceed market performance.

Kontoor Brands Q2: Challenged In Wholesale, Valuation Fair But Not Opportunistic
Kontoor Brands Q2: Challenged In Wholesale, Valuation Fair But Not Opportunistic
Kontoor Brands Q2: Challenged In Wholesale, Valuation Fair But Not Opportunistic
KTB
seekingalpha.com01 August 2024

Kontoor Brands, Inc. shared mixed results for the second quarter of 2024, showing steady revenues and better profit margins, which resulted in a 27% rise in earnings per share. While there are encouraging signs like gaining market share and a possible increase in wholesale demand, there are also concerns about weak performance in the Lee brand and Asian markets. The stock price has not changed, leading to a Hold rating, and there is some uncertainty regarding future sales growth, even with a positive trend in denim.

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FAQ

  • What is the primary business of Kontoor Brands?
  • What is the ticker symbol for Kontoor Brands?
  • Does Kontoor Brands pay dividends?
  • What sector is Kontoor Brands in?
  • What industry is Kontoor Brands in?
  • What country is Kontoor Brands based in?
  • When did Kontoor Brands go public?
  • Is Kontoor Brands in the S&P 500?
  • Is Kontoor Brands in the NASDAQ 100?
  • Is Kontoor Brands in the Dow Jones?
  • When was Kontoor Brands's last earnings report?
  • When does Kontoor Brands report earnings?
  • Should I buy Kontoor Brands stock now?

What is the primary business of Kontoor Brands?

Kontoor Brands, Inc. is one of the leaders in the global clothing industry. The company was spun off from VF Corporation in 2019. The headquarters is located in Greensboro, North Carolina (USA). Kontoor Brands, Inc. is involved in the development, production, and distribution of a wide range of denim clothing (pants, shirts, jackets, outerwear, accessories, etc.) under well-known global brands: Lee, Wrangler, and Rock & Republic. The company owns 7 manufacturing facilities in Mexico and 3 leased facilities in Nicaragua, as well as contracts with around 280 manufacturing facilities in more than 20 countries. Kontoor Brands sells its products in more than 65 countries worldwide through major retailers, distributors, specialty stores, department stores, and retail chains, as well as through its own and third-party websites.

What is the ticker symbol for Kontoor Brands?

The ticker symbol for Kontoor Brands is NYSE:KTB

Does Kontoor Brands pay dividends?

Yes, Kontoor Brands pays dividends. The last payment was $0.52, with an ex-dividend date on 09 December 2024

What sector is Kontoor Brands in?

Kontoor Brands is in the Consumer Cyclical sector

What industry is Kontoor Brands in?

Kontoor Brands is in the Apparel Manufacturing industry

What country is Kontoor Brands based in?

Kontoor Brands is headquartered in United States

When did Kontoor Brands go public?

Kontoor Brands's initial public offering (IPO) was on 28 May 2019

Is Kontoor Brands in the S&P 500?

No, Kontoor Brands is not included in the S&P 500 index

Is Kontoor Brands in the NASDAQ 100?

No, Kontoor Brands is not included in the NASDAQ 100 index

Is Kontoor Brands in the Dow Jones?

No, Kontoor Brands is not included in the Dow Jones index

When was Kontoor Brands's last earnings report?

Kontoor Brands's most recent earnings report was on 31 October 2024

When does Kontoor Brands report earnings?

The next expected earnings date for Kontoor Brands is 28 February 2025

Should I buy Kontoor Brands stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions