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.
Kontoor Brands (KTB) reported strong Q3 2024 results with revenue increasing 2% to $670 million. Adjusted EPS grew 12% to $1.37, while adjusted gross margin expanded 150 basis points to 45.0%. The company demonstrated solid inventory management with a 24% reduction compared to prior year. Based on these results, KTB raised its full-year 2024 outlook, now expecting revenue of $2.60 billion, adjusted EPS of $4.83 (up 9% year-over-year), and cash from operations exceeding $360 million. The company returned $68 million to shareholders through dividends and share repurchases in Q3.
Kontoor Brands (NYSE: KTB) has announced a 4% increase in its quarterly cash dividend to $0.52 per share of common stock. The dividend will be payable on December 19, 2024, to shareholders of record as of December 9, 2024. The company's CEO Scott Baxter stated that this increase demonstrates management's confidence in their growth strategy and commitment to delivering superior cash returns to shareholders. Kontoor Brands operates globally with two major brands: Wrangler® and Lee®.
Kontoor Brands (NYSE: KTB), a global lifestyle apparel company known for iconic brands Wrangler® and Lee®, has announced the release date for its third quarter 2024 financial results. The results will be disclosed on Thursday, October 31, 2024, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review the results.
The conference call will be broadcast live and accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be available at the same location. Kontoor Brands designs, manufactures, distributes, and licenses high-quality apparel products, focusing on leveraging its global platform, strategic sourcing model, and supply chain to drive brand growth and deliver long-term value for stakeholders.
Coors Banquet and Wrangler have partnered to create Beer Wash Jeans, the first-ever Wrangler denim washed in Coors beer. This collaboration brings together two iconic Western brands, combining Coors Banquet's brewing legacy with Wrangler's classic Cowboy Cut jeans. The -edition jeans feature a unique tag with a Coors Banquet bottle opener and a patch kit for customization.
The partnership aims to celebrate the authentic Western heritage of both brands, with Coors Banquet brewing in Golden, Colorado since 1873 and Wrangler's deep roots in rodeo and cowboy culture. U.S. fans can enter a sweepstakes from Oct. 11-21, 2024, for a chance to win a pair of Beer Wash Jeans at www.beerwashjeans.com.
Lee® and STUTTERHEIM have launched a collaborative rainwear collection that combines Lee's classic workwear designs with STUTTERHEIM's advanced waterproof technology. The collection features reimagined versions of Lee's iconic Storm Rider™ Jacket, Chore Jacket, and Bib Overall, using STUTTERHEIM's waterproof fabrics.
The seven-piece capsule collection includes men's, women's, and unisex styles, along with accessories. Key items are the Storm Rider™ Raincoat, Chore Raincoat, Bib Overall, Bucket Hat, and Backpack Tote. Prices range from $85 to $380.
Available in sizes XS-XL for women and S-XL for men, the collection can be purchased on Lee.com, Stutterheim.com, and in select stores across the US, Europe, and Taiwan.
Wrangler has launched its first apparel collaboration with Grammy-winning country superstar Lainey Wilson for Fall Winter '24. The collection blends Wilson's creative energy with Wrangler's Western heritage, offering a mix of contemporary cowgirl style. Key pieces include:
- Wilson's signature bell bottom jeans with patchwork and embellishments
- Trucker jackets and flares in 'storyteller' denim with illustrations from Wilson's life
- A striped 'Rodeo Ben' sherpa coat inspired by Wrangler's archives
- Western shirts with unique prints and details
- A new 'boot hugger' jeans fit
The collection also features personal touches like Wilson's family farm name and song references. Some items are available in girls' sizes. Prices range from $40 to $150, available on Wrangler.com and select retailers.
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.