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®, the iconic denim brand, is launching its first new global advertising campaign since 2021, titled 'Good Mornings Make for Better Days'. Directed by Emmy-winning Jake Scott, the campaign celebrates early risers who start their day with optimism and readiness. The ad will debut on September 15 during NBC Sunday Night Football and will be featured across TV, streaming video, social media, and audio platforms.
The campaign, created in-house by Wrangler's marketing team, builds on the brand's 'For the Ride of Life' series. It showcases a diverse cast wearing both vintage and new Wrangler styles, set in a traditional American diner. The soundtrack revives the 1970s hit 'Jeans On' by David Dundas. This global campaign marks Wrangler's return to national broadcast and will be seen across North America and key European markets.
Wrangler® has launched a new western dress shirt collection in collaboration with country music star Cody Johnson. The collection combines Wrangler's iconic western denim expertise with Johnson's unique perspective as a cowboy and performer. Johnson worked closely with Wrangler's design team to select fabric, pattern, and functional details. The shirts feature a classic, tailored fit with hidden button-down collars, signature CoJo details, and versatile styling options.
Priced at $59.99, the collection is available on Wrangler.com and select retailers nationwide. This partnership strengthens Wrangler's position in the country music space, adding to collaborations with artists like Lainey Wilson and Jon Pardi. The Wrangler x Cody Johnson line is set to expand in Fall 2025 with jeans and snap shirts.
Wrangler® has launched Bespoke, a new women's denim collection designed by an all-female team. The line introduces innovative fit technology to address common challenges in finding the perfect fit. Key features include:
- A four-piece contour waistband to reduce waistline gaps
- Yoke-over-body construction and angled back pockets for curve enhancement
- High-quality stretch denim for comfort and shape retention
The collection offers three cuts - bootcut, skinny, and flare - in sizes 25-34, retailing at $69.99. The campaign features diverse Wrangler female employees, emphasizing inclusivity and body positivity. Bespoke is available on Wrangler.com and select retailers nationwide.
Wrangler®, the global denim brand, has announced a collaboration with Mattel Inc.'s Hot Wheels™ to launch a new streetwear-inspired apparel collection. This nostalgia-driven collection includes bold denim, jackets, coveralls, and graphic tees in coordinating youth and adult styles, along with a -edition Wrangler branded miniature die-cast '85 Ford Bronco.
The collaboration aims to honor the generational legacy of these two American icons, inspiring new generations to embrace adventure and motorsport culture. The collection features motorsport-inspired designs on classic denim pieces and colorful tees, showcasing the rich history of both brands. Available for purchase online at Wrangler.com and in selected stores globally, prices for the Wrangler x Hot Wheels collection range from $30 to $150.
Kontoor Brands (NYSE: KTB) reported its second quarter 2024 results, with revenue of $607 million, a 1% decrease year-over-year.
Gross margin increased to 44.7% (reported) and 45.2% (adjusted), a 420 basis point increase. Adjusted EPS rose by 27% to $0.98. Inventory decreased by 22% year-over-year.
For the full year 2024, the company expects revenue between $2.57-$2.63 billion, with adjusted EPS around $4.80, an 8% increase year-over-year. The company also expects cash flow from operations to exceed $350 million.
Other key highlights include a $25 million share repurchase and a $25 million voluntary term loan payment. The board declared a quarterly cash dividend of $0.50 per share. The company holds $224 million in cash and has $750 million in long-term debt.
Kontoor Brands (NYSE: KTB), the global lifestyle apparel company behind iconic brands Wrangler® and Lee®, has announced a quarterly cash dividend of $0.50 per share of common stock. The dividend will be payable on September 20, 2024, to shareholders of record at the close of business on September 10, 2024.
Kontoor Brands designs, manufactures, distributes, and licenses high-quality apparel products worldwide. The company focuses on leveraging its global platform, strategic sourcing model, and supply chain to drive brand growth and deliver long-term value for stakeholders.
Wrangler, the global denim icon, has launched the second installment of Wrangler Reborn™, a collection celebrating denim upcycling. This time, Wrangler collaborates with Beyond Retro, a brand of BVH Services, one of Europe's largest vintage retailers. The collection features sustainable versions of classic styles, including the Greensboro Straight Leg Jean, Reworked Short, Icon Jacket, and Heritage Shirt.
The Wrangler Reborn™ Collection transforms discarded denim into durable apparel, aiming to divert textile waste from landfills. Prices range from $90 to $180, and the collection is available on Wrangler.com and in selected stores globally. This initiative aligns with Wrangler's WeCare Wrangler™ sustainability goals and demonstrates the brand's commitment to circularity and sustainability in fashion.
Kontoor Brands (NYSE: KTB), a global lifestyle apparel company known for its Wrangler and Lee brands, will release its second quarter 2024 financial results on August 1, 2024, at 6:50 a.m. ET. Following this, the company’s management will host a conference call at 8:30 a.m. ET to discuss the results. The call will be accessible live via the company's investor website and will also be available as an archived version post-event. Kontoor Brands focuses on designing, manufacturing, distributing, and licensing high-quality apparel, leveraging their global platform and supply chain to drive growth and deliver long-term value for stakeholders.
Lee has announced a summer collaboration with footwear brand HEYDUDE, featuring actor Chase Stokes of 'Outer Banks' fame. This collection blends Lee's workwear heritage with HEYDUDE's playful designs, offering a variety of men's, women's, and unisex apparel and shoes.
The seven-piece collection includes items like the Men's Wally Lee Shoe, Women's Wendy Lee Shoe, Carpenter Shorts, and unisex t-shirts and hats. Prices range from $25 to $75. The collection is available on Lee.com, Amazon.com, and HEYDUDE.com.
Lee® has introduced its first golf collection for men, focusing on innovation and performance-stretch apparel. The Lee Golf Series offers versatile tops and bottoms suitable for both office and golf course wear, featuring motion flex waistbands, shirt gripper technology, and wrinkle-resistant, moisture-wicking fabric. The collection includes pants, shorts, and polos designed for comfort, style, and functionality, available at affordable prices.
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