Kontoor Brands Inc Stock Price, News & Analysis

Lee® has launched a collaboration with Dragon Ball Z, available in the US and Europe, featuring a curated capsule collection of tops and shorts. This collaboration marks the first of its kind, merging iconic fashion with popular anime culture, celebrating 30 years of Dragon Ball Z. The collection includes items like men’s graphic camp shirts priced at $70 and unisex graphic tees at $35, designed for fans of all ages. Styles feature bright colors and Dragon Ball Z characters, aiming to evoke nostalgia for the 90s and early 2000s. The collection is available at Lee.com and select stores in Europe, North Carolina, and Asia.

Kontoor Brands, Inc. (NYSE: KTB) has announced a quarterly cash dividend of $0.48 per share, payable on June 20, 2023. Shareholders on record as of June 9, 2023 will receive this dividend. Kontoor Brands is recognized for its leading lifestyle apparel brands, Wrangler^® and Lee^®, and aims to drive growth and deliver long-term value through its strategic sourcing model and supply chain.

Kontoor Brands, Inc. (NYSE: KTB), a leading lifestyle apparel company known for iconic brands Wrangler® and Lee®, is set to release its first-quarter financial results on May 4, 2023, at 6:50 a.m. ET. The announcement will be followed by a conference call at 8:30 a.m. ET, where management will review the results. This call will be accessible via live broadcast on the company's investor relations website and will also be archived for later listening. Kontoor Brands focuses on leveraging its global platform and strategic sourcing to enhance brand growth and deliver long-term stakeholder value.

Kontoor Brands, Inc. (NYSE: KTB) has launched its Global Design Standards to reduce the environmental impact of its apparel brands, Wrangler and Lee. This initiative focuses on Preferred Materials, Low Impact Fabric, and Low Impact Finishing, aiming for 70% of fabric materials from sustainable sources and significant reductions in freshwater usage. The company seeks to guide industry change through responsible product design and innovation. Products meeting these standards will feature a WeCare badge on Wrangler.com, encouraging consumers to make sustainable choices.

Wrangler and Fender Musical Instruments Corporation have announced the second global launch of their collaboration, featuring limited-edition guitar accessories and unique denim clothing. The collection includes graphic tees, denim jackets, and accessories like gold-stitched straps and custom guitar cases, inspired by the heritage of music and denim. Retail prices for clothing range between $60 and $250, while accessories are priced from $9.99 to $89.99. This collaboration seeks to honor artists who have impacted music and style, encouraging self-expression among fans.

Kotoor Brands (NYSE: KTB) reported a strong finish for Q4 2022, with revenue of $732 million, a 7% increase year-over-year, and earnings per share (EPS) of $0.91. For the full year 2022, revenue reached $2.63 billion, up 6%, while EPS stood at $4.31. The company announced a quarterly dividend of $0.48 per share, payable March 20, 2023. In 2023, KTB anticipates low-single digit revenue growth and expects EPS between $4.55 to $4.75. Despite challenges from COVID-related impacts in China, the company remains optimistic about its strategic investments and long-term goals.

Kontoor Brands, Inc. (NYSE: KTB) has announced a quarterly cash dividend of $0.48 per share, payable on March 20, 2023, to shareholders of record by the close of business on March 10, 2023. This dividend reflects the company's ongoing commitment to returning value to its stakeholders while maintaining a strong financial position. As a global lifestyle apparel company, Kontoor is recognized for its iconic brands, Wrangler and Lee, and continues to focus on strategic growth and supply chain excellence to ensure sustainable value delivery.