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Kontoor Brands Inc   (KTB)
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Price: $76.6600 $1.78 2.377%
Day's High: $76.78 Week Perf: 7.9 %
Day's Low: $ 74.99 30 Day Perf: 7.46 %
Volume (M): 279 52 Wk High: $ 76.78
Volume (M$): $ 21,373 52 Wk Avg: $60.64
Open: $75.27 52 Wk Low: $39.90



 Market Capitalization (Millions $) 4,328
 Shares Outstanding (Millions) 56
 Employees 15,000
 Revenues (TTM) (Millions $) 2,562
 Net Income (TTM) (Millions $) 240
 Cash Flow (TTM) (Millions $) 142
 Capital Exp. (TTM) (Millions $) 28

Kontoor Brands Inc
Kontoor Brands Inc. (NYSE: KTB) is a global lifestyle apparel company that designs, manufactures, and markets a wide variety of fashion and lifestyle products. Founded in 2019, Kontoor Brands is headquartered in Greensboro, North Carolina, United States. The company has a global workforce of around 15,000 employees and operates in more than 60 countries.

The major brands of Kontoor Brands are Wrangler and Lee, which are known for their apparels, jeans and casual wear. The company also owns other brands such as Rock & Republic and Rustler. Kontoor Brands Inc. distributes its products through wholesale channels, direct-to-consumer eCommerce websites, dedicated brand retail stores, and department stores.

Kontoor Brands has been recognized for its commitment to environmental and social responsibility. The company has made significant investments in its infrastructure and resources to ensure that their practices are sustainable and environmentally friendly. Kontoor Brands is committed to reducing its carbon footprint, increasing its use of renewable energy and improving its waste management efforts.

Kontoor Brands has established an innovation lab to explore the use of emerging technologies such as artificial intelligence, machine learning, and advanced analytics, to enhance the company's operations, supply chain, and product development. The company will also collaborate with startups and other industry partners to promote innovation in the fashion and apparel industry.

Kontoor Brands has been experiencing success financially, with a revenue of $2.1 billion in 2020, an increase of 18% from the previous year. This success has been attributed to the company's efforts to expand its reach and product offerings, as well as its commitment to sustainable and ethical practices.

Overall, Kontoor Brands Inc. is a leading global lifestyle apparel company with a commitment to sustainable practices and innovation. Through its major brands, Wrangler, Lee, and other subsidiaries, the company delivers high-quality products, and it continues to strive for excellence in product development and customer satisfaction.


   Company Address: 400 N. Elm Street Greensboro 27401 NC
   Company Phone Number: 332-3400   Stock Exchange / Ticker: NYSE KTB


   

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Dividend

Kontoor Brands Declares Quarterly Dividend: Assessing the Impact on Shareholders

Published Mon, Jul 29 2024 6:06 AM UTC



Kontoor Brands, a leading global lifestyle apparel company known for iconic consumer brands including Wrangler and Lee, recently announced the declaration of a regular quarterly cash dividend of $0.50 per share for its common stock. This article aims to outline the facts about this dividend announcement and assess its potential impact on the company's shares.
D...

Dividend

Kontoor Brands Declares Quarterly Dividend: Assessing its Impact on Company Shares

Published Sun, Jul 28 2024 5:18 AM UTC



In a recent press release, Kontoor Brands, a renowned global lifestyle apparel company that boasts two iconic consumer brands??Wrangler and Lee??has declared a quarterly cash dividend of $0.50 per share for its common stock. This announcement comes as the company aims to reward its shareholders while maintaining a strong financial position.
The dividend payout ...

Dividend

Kontoor Brands Declares Quarterly Dividend for Shareholders

Published Sat, Jul 27 2024 6:46 AM UTC


Kontoor Brands, Inc. (NYSE: KTB), a leading lifestyle apparel company known for iconic brands Wrangler and Lee, recently announced a regular quarterly cash dividend of $0.50 per share of its common stock. Shareholders can expect this dividend to be payable on September 20, 2024, to those who are recorded as shareholders by September 10, 2024.
In the first quarter of...

Dividend

Kontoor Brands, Inc. Declares Quarterly Dividend of $0.50 per Share

Published Fri, Jul 26 2024 12:57 PM UTC


GREENSBORO, N.C. ?? Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company known for its iconic brands Wrangler and Lee, has announced a regular quarterly cash dividend of $0.50 per share of its common stock. The dividend will be payable on September 20, 2024, to shareholders of record as of September 10, 2024.
This news comes after a period of fluctua...

Kontoor Brands Inc

Kontoor Brands Inc Reports Soft Top-line and Bottom-line Results in First Quarter of 2024

Kontoor Brands Inc, the global lifestyle apparel company behind popular consumer brands Wrangler and Lee, has released its financial results for the first quarter of 2024. The company experienced a weaker performance compared to the same period last year, with a decrease in both bottom-line and revenue.
In terms of bottom-line, Kontoor Brands Inc saw a decrease of -9.48% to $1.05 per share, while revenue decreased by -5.384% to $631.20 million year on year. Sequentially, profits fell by -12.38% from $1.20 per share, and revenue decreased by -5.763% from $669.80 million.







Kontoor Brands Inc's Segments
U.S.    81.76 % of total Revenue
International    18.24 % of total Revenue
Wholesale U.S.    74.5 % of total Revenue
Wholesale International    13.5 % of total Revenue
Direct-to-Consumer    11.99 % of total Revenue
Wrangler    70.73 % of total Revenue
Wrangler U.S.    63.1 % of total Revenue
Wrangler International    7.62 % of total Revenue
Wrangler Wholesale U.S.    58.23 % of total Revenue
Wrangler Wholesale International    6.64 % of total Revenue
Wrangler Direct-to-Consumer    5.86 % of total Revenue
Lee    28.88 % of total Revenue
Lee U.S.    18.27 % of total Revenue
Lee International    10.61 % of total Revenue
Lee Wholesale U.S.    15.92 % of total Revenue
Lee Wholesale International    6.86 % of total Revenue
Lee Direct-to-Consumer    6.1 % of total Revenue
Other    0.39 % of total Revenue
Other U.S.    0.39 % of total Revenue
Other Wholesale U.S.    0.36 % of total Revenue
Other Direct-to-Consumer    100 % of total Revenue

  Kontoor Brands Inc Outlook

On May 2 2024 the Kontoor Brands Inc provided following guidance

uarter of solid performance and the momentum we are carrying into the rest of the year.

In the first quarter of 2024, Kontoor Brands reported a revenue increase of 10% compared to the same period last year, driven by strong sales of both Wrangler and Lee branded products. Gross margin also improved by 2%, reflecting our continued focus on operational efficiency and cost management.

Cash flow for the quarter was also impressive, with an increase of 15% compared to the first quarter of 2023. This strong cash generation allows us to continue investing in our brands and driving long-term growth.

As a result of our strong first quarter performance, we are raising our full year outlook for 202...





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