Welcome to our dedicated page for Kontoor Brands news (Ticker: KTB), a resource for investors and traders seeking the latest updates and insights on Kontoor Brands stock.
Kontoor Brands, Inc. (NYSE: KTB) is the parent company of the Wrangler®, Lee® and Helly Hansen® brands, and its news flow reflects activity across this portfolio. Company and brand announcements cover financial results, capital allocation decisions, leadership changes and brand‑level collaborations that shape how these apparel labels engage consumers in lifestyle, outdoor and workwear categories.
Investors following KTB news will see regular updates on quarterly earnings, outlook revisions and dividend declarations, as disclosed in company press releases and related Form 8‑K filings. These items provide context on revenue trends by brand and geography, margin performance, cash generation and the impact of acquisitions such as Helly Hansen on reported results.
Brand‑focused news highlights Wrangler and Lee initiatives that reinforce their identities as iconic American denim and lifestyle brands. Recent releases describe limited‑edition collaborations for Wrangler with partners such as Cherry, Filson, Coors Banquet and CAPX, as well as licensing agreements to expand categories like headwear. Lee news features global advertising and equity campaigns designed to showcase the brand’s denim heritage and connect with new generations of consumers.
Updates related to Helly Hansen, including leadership appointments and strategic plans for its Sport and Workwear businesses, illustrate how Kontoor Brands is integrating and developing this outdoor and workwear brand within its broader platform. Together, these news items offer a view into how Kontoor Brands manages its portfolio, invests in marketing and product initiatives, and reports on financial and governance developments over time.
Kontoor Brands, Inc. (NYSE: KTB) has declared a regular quarterly cash dividend of
Kontoor Brands, Inc. (NYSE: KTB) plans to announce its first quarter 2022 financial results on May 5, 2022, at 6:50 a.m. ET. Following the release, management will hold a conference call at 8:30 a.m. ET to discuss the results. The call will be accessible live and archived on the company's investor relations website. Kontoor Brands is known for its iconic brands, Wrangler and Lee, and focuses on delivering quality products while driving growth and long-term value for stakeholders.
Wrangler has launched the Wrangler Reborn™ collection, featuring vintage denim from the 1950s to 2000s, coinciding with the brand's 75th anniversary. This curated collection includes iconic styles like the 13MWZ Cowboy Cut® and Cowboy Cut® 0936, showcasing the brand's commitment to quality and sustainability. The collection supports WeCare Wrangler™, promoting circularity in fashion by reselling older denim. Wrangler aims to connect with younger audiences and celebrate their heritage through timeless, durable pieces.
Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, has announced key executive leadership changes. Chris Waldeck has been appointed as Co-Chief Operating Officer and will oversee international markets and Direct to Consumer channels for the Lee brand. Similarly, Tom Waldron has been named Co-Chief Operating Officer for the Wrangler brand, focusing on operations, product development, and innovation. CEO Scott Baxter highlighted the need for alignment and strategic focus during the company's transition towards growth.
Wrangler® has announced the expansion of its Rooted Collection® for Spring '22, featuring jeans and shirts made from U.S.-grown sustainable cotton.
New offerings include men’s and women’s jeans and state-specific jeans for Alabama, California, North Carolina, and Texas.
This initiative aims to honor local farmers, promote sustainable practices, and enhance supply chain transparency.
Wrangler targets 100% sustainable cotton usage by 2025 through its WeCare Wrangler™ platform, ensuring each cotton source is traceable.
Kontoor Brands (KTB) has reaffirmed its 2022 outlook ahead of the UBS Consumer Conference on March 9, 2022. The company expects 2022 revenue to be approximately $2.7 billion, an increase of high single digits compared to 2021. For the first half of the year, Q1 revenue is projected between $650 million to $660 million, while Q2 is expected to range from $640 million to $650 million, reflecting a significant growth of 30-32% year-over-year. Kontoor's business in Russia and Ukraine remains minimal and non-material to overall revenue.
Kontoor Brands, Inc. (NYSE: KTB) reported Q4 2021 revenue of $681 million, a 3% increase from Q4 2020, with FY revenue of $2.48 billion, up 18% year-over-year. Q4 EPS was $0.75, with adjusted EPS at $0.88. For 2022, revenue is projected at about $2.7 billion, reflecting high single-digit growth compared to 2021. The company highlights its strategic investments in digital and international markets, despite challenges from VF Outlet closures. The gross margin increased to 42.8%, although adjusted gross margin saw a slight decrease. The company returned $171 million to shareholders in 2021 through dividends and share repurchases.
Kontoor Brands, Inc. (NYSE: KTB) has declared a quarterly cash dividend of $0.46 per share, payable on March 18, 2022, to shareholders of record by the end of business on March 8, 2022. This decision reflects the company's commitment to delivering shareholder value. Kontoor Brands is a global lifestyle apparel company known for its iconic brands Wrangler® and Lee®.
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