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) is the parent company of the Wrangler®, Lee® and Helly Hansen® brands, and its news flow reflects activity across this portfolio. Company and brand announcements cover financial results, capital allocation decisions, leadership changes and brand‑level collaborations that shape how these apparel labels engage consumers in lifestyle, outdoor and workwear categories.
Investors following KTB news will see regular updates on quarterly earnings, outlook revisions and dividend declarations, as disclosed in company press releases and related Form 8‑K filings. These items provide context on revenue trends by brand and geography, margin performance, cash generation and the impact of acquisitions such as Helly Hansen on reported results.
Brand‑focused news highlights Wrangler and Lee initiatives that reinforce their identities as iconic American denim and lifestyle brands. Recent releases describe limited‑edition collaborations for Wrangler with partners such as Cherry, Filson, Coors Banquet and CAPX, as well as licensing agreements to expand categories like headwear. Lee news features global advertising and equity campaigns designed to showcase the brand’s denim heritage and connect with new generations of consumers.
Updates related to Helly Hansen, including leadership appointments and strategic plans for its Sport and Workwear businesses, illustrate how Kontoor Brands is integrating and developing this outdoor and workwear brand within its broader platform. Together, these news items offer a view into how Kontoor Brands manages its portfolio, invests in marketing and product initiatives, and reports on financial and governance developments over time.
Lee® and Paul Smith have unveiled a new global capsule collection, first showcased at the Paul Smith Spring/Summer 2025 presentation at Pitti Uomo. The 14-piece edition menswear collection includes jeans, denim jackets, western-style shirts and T-shirts, with prices ranging from $90-$450.
The collaboration stems from Paul Smith's history with Lee, dating back to the 1970s when he sold Lee's painter's trousers in his Nottingham shop. The capsule collection reimagines Lee's iconic designs, including the Lee 101 jean, 101 Stormrider™ jacket, chore jacket, western shirt, and carpenter pant with exclusive prints and Paul Smith's signature stripe patterns.
The collection will be available on paulsmith.com, lee.com, and in selected partner-owned stores worldwide, with Nordstrom serving as USA's exclusive wholesaler.
Kontoor Brands (KTB) reported strong Q4 2024 results with revenue of $699 million, up 4% year-over-year (5% in constant currency). The company saw 9% growth in global direct-to-consumer and 4% growth in wholesale channels. Q4 adjusted EPS was $1.38, increasing 2% from prior year, or approximately 23% excluding a discrete tax benefit in the prior year.
For full-year 2024, KTB maintained revenue at $2.61 billion while improving profitability, with adjusted operating income increasing 9% to $381 million and adjusted EPS rising 10% to $4.89. The Wrangler brand grew 3% globally while Lee brand declined 6%. Inventory decreased 22% compared to prior year, and the company returned $198 million to shareholders through dividends and share repurchases.
For 2025, KTB projects revenue of $2.63-2.69 billion (1-3% growth), adjusted operating income of $400-408 million (5-7% growth), and adjusted EPS of $5.20-5.30 (6-8% growth). The outlook excludes the pending Helly Hansen acquisition, expected to close in Q2 2025 and contribute approximately $0.15 to full-year adjusted EPS.
Wrangler and Whataburger have announced a new collaborative apparel collection ahead of the Texas rodeo season. The 33-piece collection combines Wrangler's classic American denim style with Whataburger's distinctive orange-and-white branding.
The collection includes denim vests with branded patches, orange-and-white striped shorts and jeans, trucker jackets featuring Whataburger's 'Flying W,' and hamburger-inspired hoodies, graphic tees, and hats. Prices range from $34.99 to $89.99, and items are available on Wrangler.com and Whatastore.com.
This partnership emphasizes both brands' connection to Texas culture and their commitment to quality and authenticity, representing a new approach to Western style with a contemporary twist.
Kontoor Brands (NYSE: KTB) reported strong preliminary Q4 2024 results, with revenue reaching $699 million, a 4% increase year-over-year (5% on constant currency). The company's Q4 2024 reported gross margin was 43.7%, with adjusted gross margin of 44.7% showing a 160 basis points improvement compared to the previous year.
Q4 2024 reported EPS was $1.14, while adjusted EPS reached $1.38, representing a 2% increase year-over-year. Notably, when excluding prior year's discrete tax benefit, Q4 2024 adjusted EPS increased by approximately 23%. The company generated strong cash flow from operations of approximately $368 million for the full year 2024, while year-end inventory decreased by 22% to $390 million compared to the previous year.
Kontoor Brands (NYSE: KTB) has announced a definitive agreement to acquire Helly Hansen, a global outdoor and workwear brand, from Canadian Tire for approximately $900 million. The acquisition is expected to accelerate Kontoor's revenue, earnings growth, and cash flow profile.
Helly Hansen is projected to generate over $680 million in revenue and $80 million in adjusted EBITDA for full year 2025. The purchase price reflects an approximate 11x transaction multiple based on the 2025 adjusted EBITDA outlook, excluding synergies.
The transaction, expected to close in Q2 2025, will be funded through a combination of cash on hand and new debt financing. Kontoor expects net leverage to be less than 3x trailing twelve months' pro forma adjusted EBITDA at closing, with a return to targeted leverage range of 1.0x-2.0x within 12 months.
Kontoor Brands (NYSE: KTB), the global lifestyle apparel company behind iconic brands Wrangler® and Lee®, has announced its Board of Directors' declaration of a regular quarterly cash dividend. Shareholders will receive $0.52 per share of common stock, payable on March 20, 2025. To be eligible, shareholders must be on record at the close of business on March 10, 2025.
The company designs, manufactures, distributes, and licenses high-quality apparel products globally, operating with a strategic sourcing model and supply chain to drive brand growth and deliver long-term stakeholder value.
Kontoor Brands (NYSE: KTB), the global lifestyle apparel company behind Wrangler® and Lee® brands, has scheduled its fourth quarter 2024 financial results release for Tuesday, February 25, 2025, at approximately 6:50 a.m. ET.
The company will host a conference call at 8:30 a.m. ET on the same day to review the results. The call will be broadcast live and made accessible through kontoorbrands.com/investors, with an archived version available afterward at the same location.
Lee has launched Lee X, a new product platform that integrates advanced fabric technology and modern design. Building on their successful Extreme Motion line, Lee X features enhanced comfort and performance elements including stretch fabric, flex waistbands, and an updated gusset. The platform incorporates TruTemp™365® technology for temperature regulation and sustainable materials like recycled apple skin patches.
The platform includes three collections: Lee X Move (designed for all-day wear with premium easy-care fabric), Lee X Soft Denim (made with premium cotton, stretch fibers, and Tencel™ for exceptional softness), and Lee X Lite Non-Denim (featuring lightweight, breathable stretch fabric). Complementing shirts with water-repellent technology are also available. Products are priced from $40 for tops and $50 for bottoms, available on Lee.com and Amazon.com, with Lee X Lite launching in spring 2025.
Lee and Alpha Industries have launched a new global collaboration featuring an eight-piece capsule collection that combines military-inspired designs with heritage workwear. The collection includes iconic pieces like Alpha's MA-1 Bomber Jacket and Lee Rider™ denim jacket, reimagined with contemporary elements and indigo denim details.
The collection, priced from $60 to $310, is available in Lee and Alpha owned retail stores and websites in the US and select Asian markets. The collaboration celebrates both brands' American heritage and workwear roots while offering modern interpretations of classic designs.
Lee has launched a new line of handbags and totes manufactured by Montana West, marking its first entry into TikTok Shop. The collection features three designs made with denim and vegan leather, priced between $30 and $48. The line includes a Vegan Leather Top Handle Tote, Denim Canvas Wide Tote, and Denim Canvas Mini Tote/Crossbody, all featuring Lee's iconic logo. Available on Lee.com, MontanaWest.com, TikTok Shop, and Amazon, the collection aims to complement Lee's denim offerings and capitalize on the trending denim bag market for the holiday shopping season.