Kontoor Brands (KTB) Stock News

Wrangler (KTB) and Made In Cookware have announced a limited-edition collaboration launching June 3, 2025, combining culinary functionality with denim fashion. The collection features four apparel pieces including a denim chef chore jacket, cotton indigo twill chef shirt, collaborative t-shirt, and a denim apron, priced from $34.99 to $114.99. The partnership also introduces three premium French knives with unique denim micarta handles, available individually ($129-$189) or as a set ($369). The collection is fronted by Chef Daisy Ryan and Greg Ryan, co-founders of Bells Restaurant in California. The collaboration will be available on both brands' websites, representing a fusion of Wrangler's American craftsmanship heritage with Made In's culinary expertise, which supplies over 2,000 restaurants worldwide.

Kontoor Brands (NYSE: KTB) has completed its acquisition of Helly Hansen, a global outdoor and workwear brand. The strategic acquisition is expected to immediately boost Kontoor's revenue, adjusted earnings per share, and cash flow in fiscal 2025. This move expands Kontoor's portfolio, which now includes three major brands: Wrangler®, Lee®, and Helly Hansen®. The acquisition aims to enhance growth profile, drive category diversification, increase geographic presence, and strengthen the company's position in outdoor and workwear markets. CEO Scott Baxter expressed confidence that the acquisition will create significant long-term value for shareholders.

Wrangler (KTB) and Pit Viper have collaborated to launch Xtreme Blue Jeans (XBJs), a unique collection of denim designed for extreme watersports. The collection features denim shorts, vests, graphic tees, and Pit Viper Flip-Offs sunglasses with float-resistant denim print frames. Professional jet ski athletes Demi Morgan and Lee Stone showcased the collection at Lake Havasu, Arizona.

The limited-edition collection, priced between $34.99 - $99.99, combines Wrangler's durability and western heritage with Pit Viper's outdoor gear expertise. The collaboration aims to merge extreme sports culture with western legend, targeting a younger audience. The collection is exclusively available on Wrangler's website.

Kontoor Brands (NYSE: KTB) reported Q1 2025 results with revenue of $623 million, down 1% year-over-year. The company achieved an adjusted EPS of $1.20, up 3%, and adjusted gross margin of 47.7%, increasing 200 basis points. Notably, inventory decreased 12% compared to prior year. The company updated its 2025 outlook, including the anticipated Helly Hansen acquisition expected to close in May 2025. Full-year revenue is projected at $3.06-3.09 billion, representing 17-19% growth. The company faces a $50 million unmitigated impact from new tariffs but expects to offset this over 12-18 months. A quarterly dividend of $0.52 per share was declared. Wrangler brand revenue grew 3% to $420 million, while Lee brand revenue declined 9% to $200 million.

Kontoor Brands (NYSE: KTB), the global lifestyle apparel company behind iconic brands Wrangler® and Lee®, has announced a quarterly cash dividend of $0.52 per share of common stock. The dividend will be paid on June 20, 2025, to shareholders of record as of June 10, 2025.

Kontoor Brands operates as a global lifestyle apparel manufacturer and distributor, focusing on designing, manufacturing, distributing, and licensing high-quality products. The company emphasizes its strategic sourcing model and supply chain capabilities to drive brand growth and create long-term stakeholder value.

Kontoor Brands (NYSE: KTB), the global lifestyle apparel company behind iconic brands Wrangler® and Lee®, has scheduled its first quarter 2025 financial results release for Tuesday, May 6, 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. Investors and interested parties can access the live broadcast through kontoorbrands.com/investors, where an archived version will also be available afterward.

Wrangler has announced a collaboration with Sony Pictures Consumer Products for a special collection inspired by HBO's series The Last of Us. The all-gender collection will launch in two drops, starting April 10 with Jackson, Wyoming-inspired pieces including pre-distressed denim items priced between $35 to $95.

The first drop features three classic pieces: a cowboy cut denim jacket, a cowboy cut denim shirt, and the original 13MWZ Cowboy Cut Denim Jean. The second drop, launching May 1, includes six additional pieces inspired by Seattle's Pacific Northwest setting, featuring a 'Cordyceps' camouflage set, tinted denim carpenter pants, and pocket-tees in three colorways.

The collaboration aligns with the show's second season debut on April 13, which will air on HBO and stream on Max with seven episodes. The collection will be available exclusively on Wrangler.com, combining the brand's heritage of durable denim with the show's survival-themed aesthetic.

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.