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.
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.
Kontoor Brands, Inc. (NYSE: KTB) has announced the appointment of Mark Schiller to its Board of Directors, effective immediately. Schiller, who is the President and CEO of The Hain Celestial Group, brings extensive experience in leading global consumer brands, having previously held significant positions at Pinnacle Foods and PepsiCo. He will also serve on the Audit Committee. The Board expresses confidence in his strategic leadership and industry knowledge as valuable assets to Kontoor, which manages the iconic Wrangler and Lee brands.
Kontoor Brands (KTB) reported strong first-quarter results for 2021, with revenue reaching $652 million, a 29% increase year-over-year. Digital sales surged, with own.com up 70% and digital wholesale up 132%. Gross margin improved to 46.1%, an 830 basis point year-over-year increase. Adjusted EPS was $1.43, compared to $0.27 a year prior. The company raised its 2021 guidance, expecting revenue growth in the low-teens range. A quarterly dividend of $0.40 per share was declared, payable on June 18, 2021. Kontoor emphasized ongoing investments in demand creation and infrastructure.
Kontoor Brands (NYSE: KTB) has expanded its collaboration with Panda Biotech, focusing on sustainable hemp textile production in the U.S. This partnership aims to enhance traceability and scalability of cottonized hemp, promoting eco-friendly apparel. Senior Director Dhruv Agarwal highlights the synergy of hemp and cotton, while Panda Biotech's President Dixie Carter notes their shared commitment to responsible, renewable practices. Kontoor aims to incorporate U.S. hemp into its denim by 2023, leveraging its scale for sustainable fashion.
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