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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 x Barbie collaboration celebrates two brands with similar heritage, encouraging women and girls to be strong and confident.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
none
-
Rhea-AI Summary
Lee® announces its first unisex apparel collaboration with ROARINGWILD®, featuring a global unisex capsule that merges Lee®'s denim shapes with ROARINGWILD®'s energy. The collection is inspired by the nostalgia of the '80s art and electronic music scene. The products range in price from $80 to $230 and are available on Lee®'s websites and owned stores in the US and Europe, as well as ROARINGWILD® owned stores and websites in China and select markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.13%
Tags
none
-
Rhea-AI Summary
Lee® launches reimagined women's Lee Rider Jean, combining modern construction with iconic details. Available in two styles, retails between $88-$108, sizes 24-35. Available on Lee.com and select retailers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
Rhea-AI Summary
STAUD announces collaboration with Wrangler, combining modern California aesthetic with Wrangler's denim authority. Collection features classic Americana-style with contemporary design. Limited collaboration available online and in stores, prices range from $95-$350.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
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none
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Rhea-AI Summary
Kontoor Brands announces retirement of CFO and appointment of new CFO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
none
Rhea-AI Summary
Kontoor Brands reports Q2'23 revenue of $616 million, flat compared to Q2'22. Gross margin decreased to 40.6% and adjusted EPS decreased to $0.77. Inventory increased 17% over Q2'22. FY'23 revenue expected to increase at a low-single digit percentage compared to FY'22. Adjusted gross margin expected to be in the range of 43.5% to 44.0%. Adjusted EPS expected to be in the range of $4.55 to $4.75. Inventory expected to decline in Q3'23 and further reductions planned in Q4'23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.7%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
none
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.