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® and Pottery Barn Teen have partnered to launch a new Wrangler x Pottery Barn Teen Collection, marking Wrangler's return to home design. The collection features textiles, furniture, and accessories inspired by Wrangler’s western heritage. Products include sheet sets, quilts, and various denim items, incorporating sustainable materials like recycled denim and water bottles. Wrangler aims to engage consumers while promoting sustainability and authentic western spirit.
Kontoor Brands (NYSE: KTB) has announced the expansion of its Wrangler brand into China, utilizing a digital-first approach through Tmall, a leading online retailer. This initiative aligns with Kontoor's strategic priority of entering new markets and underscores its commitment to accelerating brand growth. The brand's presence in China, one of the fastest-growing consumer markets, is seen as a pivotal step. Initial product offerings are live, and the company plans further marketing activations in spring 2021 to enhance brand awareness among Chinese consumers.
Wrangler has launched a new collaboration with Adult Swim's Rick and Morty, featuring a custom-designed laser-etched jacket and an exclusive t-shirt inspired by the show. This collection, available exclusively on Wrangler.com starting November 10, showcases unique artwork created by the Rick and Morty creative team. Prices range from $29 to $79, coinciding with the upcoming virtual Adult Swim Festival.
Wrangler, part of Kontoor Brands (NYSE: KTB), has a long history in authentic American style and continues to embrace pop culture to engage new audiences.
Kontoor Brands, Inc. (NYSE: KTB) has rescheduled its conference call to discuss third quarter 2020 results to today, October 29, 2020, at 2:00 p.m. Eastern Time, due to a network outage. The live broadcast will be available on the company’s investor page, with an archived version following for those who cannot attend.
Kontoor Brands is recognized for its iconic consumer brands, Wrangler and Lee, and focuses on delivering high-quality apparel while driving brand growth and long-term value for stakeholders.
Kontoor Brands, Inc. (KTB) reported Q3 2020 financial results, with revenue of $583 million, a 9% decline year-over-year, primarily due to COVID-19. Despite challenges, U.S. digital sales grew significantly, increasing 68% in wholesale and 43% online. The company reinstated a quarterly dividend of $0.40 per share, payable on December 18, 2020. Gross margin improved to 44.2%, driven by cost management. The outlook for Q4 anticipates sequential revenue improvement, with adjusted EPS projected between $2.25 and $2.35 for the year, supported by strong cash flow generation and aggressive debt paydown.
Lee, a renowned apparel brand, announced its collaboration with AppHarvest to become the exclusive denim provider for employees at AppHarvest's new high-tech greenhouse in Morehead, Kentucky. This 60-acre facility represents one of the largest controlled environment agriculture operations globally, fostering sustainable agricultural practices. Lee aims to provide purposefully designed workwear, with a focus on sustainability and innovation. Both companies share goals to reduce water usage and promote circular agricultural practices.
Kontoor Brands, Inc. (NYSE: KTB) will announce its third quarter 2020 financial results on October 29, 2020, at 6:50 a.m. ET. The management team will host a conference call at 8:00 a.m. ET to discuss the results, which will be accessible through a live broadcast at kontoorbrands.com/investors. An archived version will also be available for later viewing. Kontoor is known for its iconic brands, Wrangler and Lee, and focuses on delivering high-quality apparel while driving brand growth and stakeholder value.
Kontoor Brands, Inc. (NYSE: KTB) has announced its first global sustainability goals and released its inaugural sustainability report, focusing on the environmental and social impacts of its operations. The company's strategy is based on three pillars: Planet, aiming to save 10 billion liters of water by 2025; Product, targeting 100% sustainable raw materials by various dates up to 2030; and People, committing to support worker well-being initiatives by 2025. Kontoor is dedicated to enhancing transparency and sustainability in apparel production, aspiring to lead the industry in these efforts.
Lee has launched a new digital-first collection aimed at Gen Z, available on Lee.com. The collection features retro-inspired styles from the Lee archives, including jackets, graphic tees, and denim, all updated with a contemporary edge. Designed by Betty Madden, who joined in January 2019, this collection seeks to engage younger consumers by celebrating the brand's rich history in denim culture.
The collection includes items like Rider and Chore Jackets, Graphic Tees, and various Jean Silhouettes, with sizes catering to a diverse audience.
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