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), the global lifestyle apparel leader behind iconic denim brands Wrangler® and Lee®, provides investors and industry professionals with timely updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the company renowned for its heritage-driven design and operational excellence in the apparel sector.
This resource consolidates essential KTB updates including quarterly earnings reports, sustainability initiatives, product innovations, and market expansion activities. Investors gain direct access to primary source materials while analysts benefit from structured data for informed assessments of the company’s performance in competitive apparel markets.
All content is curated to meet professional needs without speculative commentary. Users will find updates on supply chain developments, retail partnerships, and brand-specific strategies across Kontoor’s Wrangler and Lee segments. The archive serves as a reliable reference for understanding the company’s operational cadence and industry positioning.
Bookmark this page for streamlined access to Kontoor Brands’ latest announcements. Check back regularly for authoritative updates directly from the company and verified third-party sources covering its global operations.
Wrangler has launched its fall/winter 2021 advertising campaign, “For the Ride of Life,” designed by Emmy-nominated
The Board of Directors of Kontoor Brands (NYSE: KTB) has elected Scott Baxter as Board Chair, effective immediately, in addition to his role as CEO. Baxter succeeds Robert Shearer, who will remain on the Board as Lead Independent Director. Baxter, with over 30 years of experience in retail and operations, was appointed CEO in August 2018 following the separation of VF Corporation's Jeanswear division. The Board expresses confidence in Baxter’s leadership as the company focuses on its Horizon Two growth strategy.
Kontoor Brands (KTB) reported strong Q2 2021 results with revenue of $491 million, up 41% year-over-year. The growth was driven by digital sales, U.S. wholesale, and international markets. Adjusted EPS rose to $0.70 from a loss of $0.22, while gross margin improved by 760 basis points to 46.1%. The company raised its 2021 revenue guidance to $2.39-$2.42 billion. A $200 million share repurchase program was also announced, reflecting strong cash flow. However, revenue is still 19% below Q2 2019 levels due to past strategic actions and COVID-19 impacts.
Billabong and Wrangler have launched their first collaboration, the Billabong x Wrangler Collection. This collection merges vintage surf aesthetics with western influences, debuting in time for the back-to-school season. Featuring sustainable materials like recycled P.E.T. and organic cotton, the launch includes over 40 styles for men and women, embodying the spirit of the ’70s. Billabong's historical ties to Wrangler are highlighted, showcasing a unique blend of both cultures.
Kontoor Brands, Inc. (NYSE: KTB) has appointed Mame Annan-Brown as Executive Vice President of Global Communications and Public Affairs, effective August 11, 2021. Annan-Brown brings over two decades of experience in corporate communications, previously serving at the International Finance Corporation and JPMorgan Chase. She will lead global corporate communications, media relations, and government affairs, aiming to enhance Kontoor's industry positioning amidst complex policy changes. This strategic addition is expected to support the company's growth and stakeholder engagement.
Kontoor Brands, Inc. (NYSE: KTB) has announced a quarterly cash dividend of $0.40 per share, payable on September 20, 2021, to shareholders of record as of September 10, 2021. This dividend reflects the company's commitment to delivering value to its shareholders. Kontoor Brands operates global lifestyle apparel brands like Wrangler® and Lee®, focusing on high-quality products that resonate with consumers, enhancing brand growth and stakeholder value.
Kontoor Brands, Inc. (NYSE: KTB) will release its second quarter 2021 financial results on August 5, 2021, at approximately 6:50 a.m. ET. Following the release, management will host a conference call at 8:30 a.m. ET to review the results. The call will be broadcast live and accessible on the company's investor relations website. Kontoor Brands is known for its iconic brands, Wrangler and Lee, and aims to drive brand growth while delivering long-term value for its stakeholders.
Kontoor Brands, Inc. (NYSE: KTB) will host an investor meeting today, May 24, 2021, at 2:30 p.m. ET. The virtual event will feature President and CEO Scott Baxter, CFO Rustin Welton, and the leadership team discussing strategies for “Catalyzing Growth” aimed at long-term sustainability and value for stakeholders. The meeting is expected to last 2.5 to 3 hours and will include a Q&A session. Access to the live broadcast and an archived version will be available at kontoorbrands.com/investors.
Kontoor Brands (NYSE: KTB) has scheduled an investor meeting on May 24, 2021, at 2:30 p.m. ET. The virtual event will feature President and CEO Scott Baxter and CFO Rustin Welton, who will discuss the company's strategies for sustainable, long-term growth. A Q&A session will follow the presentations, and the meeting will last approximately two and a half hours. For those unable to attend live, an archived version will be accessible at kontoorbrands.com/investors shortly after the event.
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