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 delivered much stronger results in the first quarter of fiscal 2026, helped by the Helly Hansen acquisition, tariff refunds and solid Wrangler performance. Net revenues rose to $613.3 million, up 45% from a year ago, with Helly Hansen contributing $176.0 million. Gross margin expanded to 53.7%, an 810 basis point increase, driven by U.S. tariff refunds, Project Jeanius efficiencies and a richer mix from Helly Hansen.
Income from continuing operations increased to $61.0 million from $10.2 million, and diluted EPS from continuing operations rose to $1.09 from $0.18. The Lee business is now classified as discontinued operations and generated $31.4 million of net income. Kontoor also recognized a $53.7 million receivable for IEEPA tariff refunds and reduced cost of goods sold by about $49.0 million.
The company continued investing in transformation, recording $2.9 million of restructuring charges and $12.7 million of Helly Hansen integration costs. Operating cash flow from continuing operations was $16.2 million, below last year as working capital absorbed more cash, while debt remained around $1.14 billion. Management is pursuing the sale of the global Lee brand, integrating Helly Hansen and executing Project Jeanius amid a challenging macro environment and evolving U.S. tariff landscape.
JPMorgan Chase & Co. filed an amendment reporting beneficial ownership of 2,573,860 shares of Kontoor Brands common stock, representing 4.6% of the class. The filing lists 2,379,416 shares as sole voting power and 2,566,585 shares as sole dispositive power, with 7,275 shares held with shared dispositive power. The filing identifies multiple JPMorgan entities as the reporting subsidiaries. The submission is signed by a JPMorgan vice president on 05/13/2026.
Kontoor Brands reported a strong first quarter of 2026 and outlined major strategic moves. Revenue from continuing operations was $613 million, up 45 percent year over year, with Wrangler growing and Helly Hansen contributing $176 million. Adjusted EPS from continuing operations was $1.06, while total adjusted EPS including discontinued operations was $1.55.
The company initiated a process to divest its Lee business, now reported as discontinued operations with $195 million of first quarter revenue, and expects the divestiture to be immaterial to earnings per share over 12 to 18 months. Full-year 2026 adjusted EPS outlook was raised to a range of $6.60 to $6.70, and revenue is now expected between $3.41 and $3.46 billion including discontinued operations.
The Board authorized a new $750 million share repurchase program to replace the prior authorization, and the company returned $54 million to shareholders in the quarter through dividends and repurchases. Kontoor also recognized a $54 million net receivable related to IEEPA tariff refunds, reducing cost of goods sold by approximately $49 million on a reported basis in the quarter.
Stewart Shelley JR reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands director Stewart Shelley Jr received a grant of 2,236 shares of Common Stock at no cost as compensation. This award increased his direct holdings to 26,440.02 shares of Kontoor Brands, Inc. common stock.
A footnote explains that the holding figure includes 81.951 shares received as dividend equivalents on restricted stock units since the prior statement, and that the reported common stock total includes these restricted stock units. The transaction reflects an equity award rather than an open-market purchase.
SHEARER ROBERT K reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands, Inc. director Robert K. Shearer received 2,586 shares of Common Stock as a compensation award. The shares were granted at a stated price of $0.00 per share and increased his directly owned Common Stock position to 54,437.992 shares, which includes restricted stock units and 94.761 shares credited as dividend equivalents.
Shearer also holds 40,889.7619 phantom stock units under the company’s deferred savings plan for non-employee directors, tied 1-for-1 to the value of Common Stock but settled 100% in cash upon retirement. These phantom units include 308.8649 shares credited as dividend equivalents since the last statement.
Schiller Mark L. reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands director Mark L. Schiller reported new equity compensation and updated holdings. He received a grant of 2,236 shares of Common Stock at no cost, bringing his directly held common shares to 17,720.282, including 81.951 shares credited as dividend equivalents on restricted stock units since the prior statement. He also holds 5,980.9731 phantom stock units under the Kontoor Brands Deferred Savings Plan for Non-Employee Directors, which are designed to mirror Common Stock on a 1-for-1 basis but will be settled entirely in cash upon his retirement, with amounts adjusted over time for deemed dividend reinvestment.
Goldsmith Ashley reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands, Inc. director Ashley Goldsmith reported a stock-based compensation grant and updated deferred compensation holdings. On May 1, 2026, Goldsmith received 2,236 shares of Common Stock as a grant or award, bringing direct Common Stock holdings to 14,869.672 shares, which include restricted stock units and dividend equivalents.
The filing also shows 3,083.3199 phantom stock units tied to Common Stock under the Kontoor Brands Deferred Savings Plan For Non-Employee Directors. These phantom stock units are settled 100% in cash upon retirement, with amounts based on deferred directors’ fees and deemed reinvestment of dividends over time.
CAMPBELL MARYELIZABETH R reported acquisition or exercise transactions in this Form 4 filing.
Kontoor Brands, Inc. director Maryelizabeth R. Campbell received a grant of 2,236 shares of Common Stock on May 1, 2026, recorded at no cash cost per share as a stock award. After this grant, she directly holds 7,700.212 shares.
The holding figure includes restricted stock units and 81.951 shares received as dividend equivalents on those units since the last statement, so this filing reflects routine equity-based compensation rather than an open-market purchase.
Kontoor Brands Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 2,842,433 shares of Kontoor Brands common stock, representing 5.14% of the class. The filing lists sole voting power for 400,084 shares and sole dispositive power for 2,842,433 shares.
Kontoor Brands Inc ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 3,366,594 shares of Common Stock, equal to 6.09% of the class as of 03/31/2026. The filing states Vanguard Portfolio Management LLC and affiliated investment divisions exercise dispositive power over these shares, with sole voting power of 42,800. The disclosure is made on behalf of multiple Vanguard-managed funds and accounts in accordance with SEC Release No. 34-39538.