Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally. The company sells its products primarily through mass and mid-tier retailers, specialty stores, department stores, and retailer-owned and third-party e-commerce sites, as well as through direct-to-consumer channels, including full-price and outlet stores, and its websites. As of January 2, 2021, it operated 86 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.
IPO Year: 2019
Exchange: NYSE
Website: kontoorbrands.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/4/2026 | $65.00 | Hold | Jefferies |
| 10/17/2025 | $105.00 | Outperform | Robert W. Baird |
| 10/15/2025 | $95.00 | Buy | BTIG Research |
| 6/10/2025 | $85.00 | Buy | Goldman |
| 11/1/2024 | $89.00 → $93.00 | Buy → Hold | Stifel |
| 1/26/2024 | Buy → Hold | Edward Jones | |
| 11/6/2023 | $47.00 → $59.00 | Equal Weight → Overweight | Barclays |
| 10/19/2023 | $51.00 → $56.00 | Neutral → Buy | Goldman |
| 3/1/2023 | $44.00 → $63.00 | Hold → Buy | Stifel |
| 7/11/2022 | $40.00 | Overweight | Wells Fargo |
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8-K - Kontoor Brands, Inc. (0001760965) (Filer)
8-K - Kontoor Brands, Inc. (0001760965) (Filer)
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Jefferies initiated coverage of Kontoor Brands with a rating of Hold and set a new price target of $65.00
Robert W. Baird initiated coverage of Kontoor Brands with a rating of Outperform and set a new price target of $105.00
BTIG Research initiated coverage of Kontoor Brands with a rating of Buy and set a new price target of $95.00
Goldman resumed coverage of Kontoor Brands with a rating of Buy and set a new price target of $85.00
Stifel downgraded Kontoor Brands from Buy to Hold and set a new price target of $93.00 from $89.00 previously
Edward Jones downgraded Kontoor Brands from Buy to Hold
Barclays upgraded Kontoor Brands from Equal Weight to Overweight and set a new price target of $59.00 from $47.00 previously
Goldman upgraded Kontoor Brands from Neutral to Buy and set a new price target of $56.00 from $51.00 previously
Stifel upgraded Kontoor Brands from Hold to Buy and set a new price target of $63.00 from $44.00 previously
Wells Fargo initiated coverage of Kontoor Brands with a rating of Overweight and set a new price target of $40.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4/A - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
4 - Kontoor Brands, Inc. (0001760965) (Issuer)
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Launching just in time for summer, this music-inspired collection celebrates two iconic brands We're plugging in the amps in preparation for the second Coors Banquet® and Wrangler® collaboration, this time celebrating a summer of music. Coming on the heels of a successful Coors Banquet x Wrangler Collection that launched last fall, this new lineup features festival favorites: shorts, shirts, vests, sets, outerwear, and caps that will turn heads on and off stage. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528785337/en/Coors Banquet x Wrangler This collaboration marks a natural evolution for two brands that have spent dec
The limited-edition denim transforms Rice's new song into a one-of-a-kind wearable using Banquet-infused ink, turning the collaboration into both a fashion release and the song's world premiere Key Summary BulletsCoors Banquet and Wrangler reunite for their third collaboration, celebrating their shared Western heritage with a limited-edition apparel collection.Longtime Coors Banquet fan and award-winning country artist Chase Rice joins the collaboration, bringing an authentic voice and personal storytelling to the collection.The collection introduces "Beer Chords," jeans featuring the chords from Rice's latest single, "Connie Lou," printed directly onto the denim using ink infused with Coors
NEW YORK, May 21, 2026 /PRNewswire/ -- Authentic Brands Group (Authentic), a global brand and entertainment platform, today announced a definitive agreement to acquire Lee, one of the most recognized and enduring names in global denim, from Kontoor Brands, Inc. (NYSE:KTB). As the owner of some of the most iconic and beloved sports, fashion, media and entertainment intellectual property in the world, Authentic sees Lee as a natural fit for its global platform. Lee is a pioneer in denim and workwear with more than a century of cultural influence, innovation and craftsmanship behin
Transaction Valued at up to $1 Billion, including $750 Million Initial Transaction Value Portfolio Transformation Enables Kontoor to Shift Focus to Higher Growth Brands within Attractive Addressable Markets Kontoor Brands, Inc. (NYSE:KTB) today announced it has signed a definitive agreement to sell the Lee® business to Authentic Brands Group (Authentic) for up to $1 billion, including an initial transaction value of $750 million and a $250 million earnout opportunity in future years based on the performance of Lee under Authentic's ownership. The transaction is subject to required regulatory approvals and customary closing conditions. "The Lee transaction is a deliberate step to sharpen
The Americana-Inspired Collection Blends Lee Denim with Musgraves' Storytelling and Style Today, Lee® announces Kacey Lee, its first celebrity collaboration designed with eight-time Grammy Award winner Kacey Musgraves exclusively for Walmart. Named after Musgraves' first and middle names, Kacey Lee brings together Lee's® heritage denim and Musgraves' classic style for an expansive collection across multiple product categories. In addition to men's and women's denim bottoms and tops, the 100-plus piece capsule spans sleepwear, swimwear, accessories and pet items. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519170327/en/Th
With the help of FGX International, one of America's most beloved workwear and denim brands is entering the eyewear space FGX International, an EssilorLuxottica company and one of the world's leading over-the-counter eyewear brands, has announced a new licensing partnership with international denim brand Wrangler. Inspired by rodeo fashion and Wrangler's bold, pioneering roots, the new Wrangler eyewear partnership includes eye-catching sunglasses and reading glasses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515318783/en/Wrangler Unisex Sunglasses The new partnership includes carefully designed styles to match existing
During the first quarter, the Company initiated a competitive process to divest the Lee business. As a result, the Company's first quarter results and updated 2026 outlook reflect the presentation of the Lee business as discontinued operations. Key Highlights First quarter revenue including the contribution from discontinued operations was $808 million. Revenue from Lee of $195 million now reported in discontinued operations. First quarter revenue from continuing operations of $613 million exceeded expectations driven by 4 percent growth in Wrangler and 16 percent growth in Helly Hansen on a pro-forma basis First quarter reported EPS including the contribution from discontinued oper
Kontoor Brands, Inc. (NYSE:KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on June 18, 2026, to shareholders of record at the close of business June 8, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information
Made for the ranch to the river, this collection features coordinating shoes and shirts that will carry you on every journey. Chaco and Wrangler® have joined forces to bring their Western roots and wild soles together. Celebrating a shared commitment to durability and authenticity, these two brands have created an eight-piece unisex collection built for adventure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423800470/en/Chaco x Wrangler The Chaco x Wrangler® collaboration perfectly aligns with the values of active outdoor enthusiasts, particularly among Gen Z and Millennials—who demand lasting construction from their fav
Kontoor Brands, Inc. (NYSE:KTB) today announced plans to release its first quarter 2026 financial results on Thursday, May 7, 2026, 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 accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be available at the same location. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpo
Live Leadership Updates
Kontoor Brands, Inc. (NYSE:KTB), today announced that Erinn Murphy will join Kontoor Brands as Vice President, Global Head of Finance and Operations, Helly Hansen and Corporate Investor Relations in early May. Murphy will take an international assignment in Oslo, Norway as a member of the Helly Hansen leadership team as well as oversee corporate investor relations. "We are thrilled to welcome Erinn Murphy to Kontoor Brands," said Executive Vice President, Chief Financial Officer & Global Head of Operations, Joe Alkire. "Having led investor relations and corporate strategy from within a high-growth consumer brand and nearly twenty years of experience covering global lifestyle brands as a r
Kontoor Brands, Inc. (NYSE:KTB) today announced the appointment of Børre Hegbom as Senior Vice President, Global Head of Helly Hansen effective immediately. Hegbom will lead the execution of the strategic plan to drive growth across the Helly Hansen business, with responsibility for Sport and Workwear globally. As a member of the Executive Leadership Team, he will report to Scott Baxter, President, Chief Executive Officer and Chairman of the Board of Directors of Kontoor Brands. "Børre's proven track record of driving profitable growth and his deep understanding of what drives consumer demand for the Helly Hansen brand make him the ideal leader for this role," said Scott Baxter, Preside
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Feb. 21, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
Additional leaders appointed to Executive Leadership Team 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 and Chair of Kontoor Brands. "As the next step, I am pleased to announce that Tom Waldron has been appointed to the position of Chief Operating Officer of Kontoor Brands. Thi
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 and Chief Financial Officer, Joe Alkire. "He has made significant contributions since joining the Company and we are confident he will continue to be a valuable partner and leader in the organization and help drive the next chapter of
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 invaluable since Kontoor's inception and integral to our success," said President, Chief Executive Officer and Chair of the Board, Scott Baxter. "The strategic actions taken under his leadership have greatly improved the Company's balanc
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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230720565527/en/Kontoor Brands appoints Pete Kidd as Executive Vice President and Chief Human Resources Officer. (Photo: Business Wire) Kidd will be responsible for the company's global human resources strategy and operations including total rewards, talent acquisition and retention, talent and
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 Ezio Garciamendez as Senior Vice President, Chief Supply Chain Officer, effective November 1, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221003005754/en/Ezio Garciamendez joins Kontoor Brands as Senior Vice President, Chief Supply Chain Officer. (Photo: Business Wire) Garciamendez will have responsibility for all aspects of Supply Chain management including global operations, planning, manufacturing, sourcing, quality, customer
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 Mame Annan-Brown to serve as Global Head of Environmental, Social and Governance (ESG), effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220509006149/en/Mame Annan-Brown - EVP, Global Communications, Public Affairs & ESG, Kontoor Brands (Photo: Kontoor Brands) In this expanded role, Annan-Brown will lead the integration of Kontoor's global ESG efforts, spearheading strategy, integration, reporting and engagement acros
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 Doerr as Executive Vice President, General Counsel & Corporate Secretary, effective June 6, 2022. Doerr will be responsible for ensuring that the highest standards of integrity, ethics and behavior consistent with the organization's values and mission continue to be upheld. In addition to overseeing fundamental legal and business functions such as compliance, legal strategy, issues identification, crisis management and global trademarks and intellectual property oversight, he also will serve as
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NEW YORK, May 21, 2026 /PRNewswire/ -- Authentic Brands Group (Authentic), a global brand and entertainment platform, today announced a definitive agreement to acquire Lee, one of the most recognized and enduring names in global denim, from Kontoor Brands, Inc. (NYSE:KTB). As the owner of some of the most iconic and beloved sports, fashion, media and entertainment intellectual property in the world, Authentic sees Lee as a natural fit for its global platform. Lee is a pioneer in denim and workwear with more than a century of cultural influence, innovation and craftsmanship behin
During the first quarter, the Company initiated a competitive process to divest the Lee business. As a result, the Company's first quarter results and updated 2026 outlook reflect the presentation of the Lee business as discontinued operations. Key Highlights First quarter revenue including the contribution from discontinued operations was $808 million. Revenue from Lee of $195 million now reported in discontinued operations. First quarter revenue from continuing operations of $613 million exceeded expectations driven by 4 percent growth in Wrangler and 16 percent growth in Helly Hansen on a pro-forma basis First quarter reported EPS including the contribution from discontinued oper
Kontoor Brands, Inc. (NYSE:KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on June 18, 2026, to shareholders of record at the close of business June 8, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information
Kontoor Brands, Inc. (NYSE:KTB) today announced plans to release its first quarter 2026 financial results on Thursday, May 7, 2026, 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 accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be available at the same location. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpo
Fourth Quarter 2025 Highlights Revenue of $1.02 billion increased 46 percent compared to prior year Reported gross margin was 46.2 percent. Adjusted gross margin of 46.8 percent increased 210 basis points compared to prior year Reported operating income was $121 million. Adjusted operating income of $150 million increased 48 percent compared to prior year. Adjusted operating income includes $8 million of incremental demand creation and brand investments relative to the Company's prior outlook Reported EPS was $1.31. Adjusted EPS of $1.73 increased 26 percent compared to prior year. Adjusted EPS includes $0.10 of incremental demand creation and brand investments relative to the C
Kontoor Brands, Inc. (NYSE:KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on March 20, 2026, to shareholders of record at the close of business March 10, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more informat
Kontoor Brands, Inc. (NYSE:KTB) today announced plans to release its fourth quarter 2025 financial results on Tuesday, March 3, 2026, 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 accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be available at the same location. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpo
Third Quarter 2025 Highlights Revenue of $853 million increased 27 percent compared to prior year, including a 2 point impact from a shift in the timing of shipments from the third quarter to the fourth quarter Reported gross margin was 41.3 percent. Adjusted gross margin of 45.8 percent increased 80 basis points compared to prior year Reported operating income was $64 million. Adjusted operating income of $122 million increased 14 percent compared to prior year Reported EPS was $0.66. Adjusted EPS of $1.44 increased 5 percent compared to prior year The Company made a $25 million voluntary term loan payment As previously announced, the Company's Board of Directors declare
Kontoor Brands, Inc. (NYSE:KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock, an increase of $0.01 or 2 percent. The cash dividend will be payable on December 18, 2025, to shareholders of record at the close of business December 8, 2025. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value
Kontoor Brands, Inc. (NYSE:KTB) today announced plans to release its third quarter 2025 financial results on Monday, November 3, 2025, 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 accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be available at the same location. About Kontoor Brands Kontoor Brands, Inc. (NYSE:KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a pu