Kontoor Brands, Inc. filings document formal disclosures for an operating apparel company with Wrangler, Lee and Helly Hansen brand segments. 8-K reports record operating and financial results, dividend declarations, material-event disclosures, capital-structure matters, material agreements and board-approved governance changes.
Proxy and governance filings cover shareholder voting matters, executive compensation, severance plan disclosures, director nomination and shareholder-proposal procedures, bylaw provisions for shareholder meetings and other board oversight topics. The filing record also reflects executive appointments, compensatory arrangements and amendments to the company's governing documents.
Kontoor Brands, Inc. (KTB) approved a title change for Jennifer H. Broyles, from Executive Vice President, Chief Commercial Officer and Global Head of Brands to Executive Vice President, Global Brand President, Wrangler. The change takes effect upon the closing of the previously announced sale of the Company’s Lee business. Broyles will continue to serve as an executive officer.
Kontoor Brands, Inc. (KTB) entered into accelerated share repurchase agreements with financial institutions to repurchase $400 million of its common stock under its existing $750 million share repurchase authorization. On November 12, 2026, the company will pay the financial institutions $400 million and expects an initial delivery of approximately 4.0 million shares.
The initial delivery represents 80% of the agreements’ dollar amount based on the November 11, 2026 closing share price. The final number of shares will be based on the stock’s volume-weighted average price during the agreements’ term, less a discount and subject to customary adjustments. Final settlement is expected in the first half of 2027.
Kontoor Brands, Inc. (KTB) EVP and CHRO Peter A. Kidd sold 6,431 shares of common stock on November 6, 2026, at a weighted-average price of $79.5792 per share. The sale comprised multiple transactions priced from $79.52 to $79.69. Kidd directly held 18,680 shares after the sale; that position includes common stock and restricted stock units, with dividend equivalents received since the prior statement. No Rule 10b5-1 plan is reported.
Kontoor Brands, Inc. President and CFO Joseph A. Alkire sold 9,472 shares of common stock at $75.92 per share on November 6, 2026. He reported direct ownership of 44,803 shares after the sale. The transaction is described as a sale in the open market or a private transaction, and no Rule 10b5-1 plan is reported.
On November 2, 2026, Kontoor Brands, Inc. (KTB) completed the sale of all outstanding shares of its wholly owned Lee subsidiary to ABG-Storm LLC, an affiliate of Authentic Brands Group. The stated aggregate purchase price was $750 million, subject to customary closing adjustments; Kontoor received approximately $698.2 million in cash at closing. It is eligible for earnout payments of up to $250 million based on Lee’s performance over five years.
Under its Senior Notes Indenture Agreement, net proceeds after transaction costs and tax expenses must reduce debt or be reinvested within 540 days of receipt. Kontoor has applied a portion to reduce indebtedness and expects to satisfy that requirement within the period. It anticipates entering into $400 million accelerated share repurchase agreements, paid upon execution, and expects to use $50 million of net proceeds for open-market repurchases; repurchased shares will be retired immediately.
Unaudited pro forma results for the nine months ended October 3, 2026 show continuing-operations revenue of $1,878.9 million, income of $80.4 million and diluted EPS of $1.45. The pro forma figures are illustrative and are not presented as representative of future results.
Kontoor Brands, Inc. (KTB) is the issuer in a notice reporting officer Peter A. Kidd’s proposed sale of 6,432 common shares, with an aggregate market value of $511,803.13 and an estimated sale date of November 6, 2026; the notice lists NYSE as the exchange. It also reports restricted-stock vesting of 5,804 shares on March 5, 2026, and 628 shares on August 15, 2026, each identified as compensation.
Joseph Alkire, identified as an officer of Kontoor Brands, Inc. (KTB), reported a proposed sale of 9,472 common shares through Fidelity Brokerage Services LLC, with an approximate sale date of November 6, 2026, on the NYSE. The reported aggregate market value is $719,114.24. His reported acquisition records identify 5,222 shares from restricted stock vesting on September 15, 2025, and 4,250 shares from restricted stock vesting on March 5, 2026. Wade Moss signed as a duly authorized representative of Fidelity Brokerage Services LLC and attorney-in-fact for Joseph Alkire.
Kontoor Brands, Inc. (KTB) common stock ownership was reported by FMR LLC and Abigail P. Johnson. FMR LLC reported beneficial ownership of 3,220,013.43 shares, or 5.9% of the class, as of September 30, 2026; Abigail P. Johnson reported the same amount and percentage. FMR LLC reported sole voting power over 3,197,751.44 shares and sole dispositive power over 3,220,013.43 shares. Abigail P. Johnson reported 0.00 sole voting power and sole dispositive power over 3,220,013.43 shares. Both reported zero shared voting and shared dispositive power.
Kontoor Brands, Inc. reported Q3 FY26 net revenues of $685.3 million, compared with $666.5 million a year earlier, and operating income of $77.1 million versus $37.4 million. Continuing operations recorded a $33.6 million loss, versus $16.0 million income, with $102.7 million in income tax expense. For the first nine months, net revenues were $1.883 billion versus $1.582 billion and net income was $127.7 million versus $153.7 million. The nine-month effective tax rate was 65.4%, including a one-time tax impact primarily related to an intercompany intellectual-property transfer.
Kontoor completed the sale of its global Lee® business to ABG-Storm LLC, an affiliate of Authentic Brands Group, on November 2, 2026, receiving approximately $698.2 million in net cash proceeds, subject to customary adjustments. Agreed terms included $750.0 million cash at closing, subject to customary adjustments, and a $250.0 million earnout opportunity based on the business’s performance over five years.
The board declared a quarterly cash dividend of $0.54 per share, payable December 18, 2026, to shareholders of record December 8, 2026. Kontoor also announced it anticipates entering into $400 million accelerated share repurchase agreements under its 2026 Repurchase Program, commencing in the fourth quarter of 2026; final settlement is expected in the first half of 2027.
Kontoor Brands, Inc. reported third-quarter 2026 continuing-operations revenue of $685 million, up 3% year over year. Adjusted operating income was $101 million, up 6%, and adjusted diluted EPS was $1.50, up 40%. Reported continuing-operations diluted EPS was $(0.62), including a $1.73 non-cash tax charge related to the Helly Hansen intellectual-property migration. Adjusted gross margin was 48.1%, up 230 basis points.
Kontoor completed the Lee divestiture, receiving $698 million in net proceeds. It expects to repurchase $450 million of common stock in the fourth quarter, including $400 million through an accelerated share repurchase. Kontoor expects initial delivery of approximately 80% of expected ASR shares, with final settlement in the first half of 2027.
2026 adjusted EPS is now expected at $5.40, versus prior guidance of $5.25 to $5.35, with revenue of approximately $2.68 billion. Initial 2027 outlook calls for adjusted EPS of at least $6.60, growth of more than 20%, and cash from operations of at least $325 million. The company expects $280 million of voluntary term-loan payments in the fourth quarter and a year-end net leverage ratio below 1.5 times.