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Kontoor Brands Inc - KTB STOCK NEWS

Welcome to our dedicated news page for Kontoor Brands (Ticker: KTB), a resource for investors and traders seeking the latest updates and insights on Kontoor Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kontoor Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kontoor Brands's position in the market.

Rhea-AI Summary
Wrangler® Broadens Commitment to Upcycling of Denim Through Partnerships with Beyond Retro and Accelerating Circularity. The 77-year-old global denim maker celebrates circular production programs by partnering with organizations like Beyond Retro, Accelerating Circularity, and the Texas Playboys to reduce waste and promote sustainability through upcycling initiatives.
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Rhea-AI Summary
Kontoor Brands, Inc. (NYSE: KTB) declares a regular quarterly cash dividend of $0.50 per share of its common stock. The dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.
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Rhea-AI Summary
Kontoor Brands, Inc. (KTB) to Release Q1 2024 Financial Results on May 2, 2024
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0.52%
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Rhea-AI Summary
Kontoor Brands, Inc. appoints new leaders to its Executive Leadership Team to drive growth and value creation. Tom Waldron becomes Chief Operating Officer, Jenni Broyles as EVP, Global Brands President, and Ezio Garciamendez as EVP, Chief Supply Chain Officer. Christopher Waldeck steps down from his role. The appointments aim to streamline operations and enhance efficiency.
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1.27%
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Lee and Diesel announce the launch of the new DIESEL❤VES LEE capsule collection, featuring jeans made from unsold stock. The collaboration aims to repurpose excess inventory, emphasizing innovation and unity in the denim industry.
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0.64%
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Kontoor Brands, Inc. (KTB) appoints Mary Campbell to its board of directors, expanding the board size. Campbell brings vast experience in consumer-driven product innovation, marketing, and brand building. Her expertise in Direct to Consumer and eCommerce aligns with Kontoor's digital growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.95%
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management
Rhea-AI Summary
Kontoor Brands, Inc. (KTB) reported financial results for Q4 2023 and full year 2023. Despite revenue decrease, adjusted gross margin and EPS showed improvement. The company repurchased shares and declared a cash dividend. The 2024 financial outlook anticipates growth with Project Jeanius set to enhance profitability and efficiency.
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End-of-Day
-8.95%
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Rhea-AI Summary
Kontoor Brands, Inc. (KTB) declares a quarterly cash dividend of $0.50 per share for its common stock, payable on March 18, 2024, to shareholders of record on March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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dividends
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Rhea-AI Summary
Kontoor Brands, Inc. (NYSE: KTB) has promoted Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations. Karapetian has a strong background in institutional asset management and equity research, making him a valuable addition to the company. His promotion is expected to drive the next chapter of Kontoor’s value creation journey.
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Rhea-AI Sentiment
End-of-Day
-0.79%
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management
Rhea-AI Summary
Kontoor Brands, Inc. (KTB) is set to release its fourth quarter 2023 financial results on February 28, 2024. The global lifestyle apparel company, known for iconic consumer brands Wrangler® and Lee®, will host a conference call to review the results. The conference call will be broadcast live and accessible at kontoorbrands.com/investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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Kontoor Brands Inc

NYSE:KTB

KTB Rankings

KTB Stock Data

3.01B
54.72M
1.83%
93.94%
8.35%
Hosiery and Sock Mills
Manufacturing
Link
US
Greensboro

About KTB

kontoor brands (nyse: ktb) is a global lifestyle apparel company, with a portfolio of some of the world's most iconic consumer brands: wrangler® and lee®. we design, manufacture and distribute superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves.