Kontoor Brands Declares Quarterly Dividend

$KTB
Apparel
Consumer Discretionary
Get the next $KTB alert in real time by email

Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE:KTB) is a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures, distributes, and licenses superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE:KTB) is a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

Get the next $KTB alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$KTB

DatePrice TargetRatingAnalyst
11/1/2024$89.00 → $93.00Buy → Hold
Stifel
1/26/2024Buy → Hold
Edward Jones
11/6/2023$47.00 → $59.00Equal Weight → Overweight
Barclays
10/19/2023$51.00 → $56.00Neutral → Buy
Goldman
3/1/2023$44.00 → $63.00Hold → Buy
Stifel
7/11/2022$40.00Overweight
Wells Fargo
6/10/2022$55.00 → $41.00Buy → Neutral
Goldman
6/8/2022$53.00 → $40.00Overweight → Equal Weight
Barclays
More analyst ratings

$KTB
Press Releases

Fastest customizable press release news feed in the world

See more
  • Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook

    Fourth Quarter 2024 Highlights Revenue of $699 million increased 4 percent compared to prior year (5 percent on a constant currency basis) Reported gross margin was 43.7 percent. Adjusted gross margin of 44.7 percent increased 160 basis points compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period Reported operating income was $84 million. Adjusted operating income of $101 million increased 17 percent compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period Reported EPS was $1.14. Adjusted EPS of $1.38 increased 2 percent compared to prior year on an adjusted basis, excluding the out-of-perio

    $KTB
    Apparel
    Consumer Discretionary
  • The Week in Canadian Press Releases: 10 Stories You Need to See

    A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Feb. 21, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

    $KTB
    Apparel
    Consumer Discretionary
  • Long Live Cowboys…and Burgers!

    A Texas-Sized Collaboration Brings Together Denim Giant Wrangler® and Whataburger® Iconic denim brand Wrangler® and beloved Texas-based Whataburger are serving up a sizzling new apparel collaboration just in time for the Texas rodeo season. This collaboration blends Wrangler's classic American style and Whataburger's timeless appeal, creating a fresh collection to capture the hearts of fashion and food enthusiasts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220448452/en/The 33-piece apparel and accessories collection ranges from a flavor-filled denim vest covered in iconic branded patches, to bold orange-and-white striped

    $KTB
    Apparel
    Consumer Discretionary

$KTB
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$KTB
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$KTB
SEC Filings

See more

$KTB
Leadership Updates

Live Leadership Updates

See more
  • The Week in Canadian Press Releases: 10 Stories You Need to See

    A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Feb. 21, 2025 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

    $KTB
    Apparel
    Consumer Discretionary
  • Kontoor Brands Announces Tom Waldron as Chief Operating Officer

    Additional leaders appointed to Executive Leadership Team Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Tom Waldron as Chief Operating Officer, effective March 19, 2024. "We are further advancing our operating model in conjunction with Project Jeanius to simplify our organization and increase speed and efficiency," said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands. "As the next step, I am pleased to announce that Tom Waldron has been appointed to the position of Chief Operating Officer of Kontoor Brands. Thi

    $KTB
    Apparel
    Consumer Discretionary
  • Kontoor Brands Appoints Michael Karapetian as Vice President of Corporate Development, Strategy, and Investor Relations

    Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced the promotion of Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations. Most recently, Karapetian was Vice President of Corporate Development. "We are pleased to announce the expansion of Mike's role at Kontoor," said Executive Vice President and Chief Financial Officer, Joe Alkire. "He has made significant contributions since joining the Company and we are confident he will continue to be a valuable partner and leader in the organization and help drive the next chapter of

    $KTB
    Apparel
    Consumer Discretionary

$KTB
Financials

Live finance-specific insights

See more
  • Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook

    Fourth Quarter 2024 Highlights Revenue of $699 million increased 4 percent compared to prior year (5 percent on a constant currency basis) Reported gross margin was 43.7 percent. Adjusted gross margin of 44.7 percent increased 160 basis points compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period Reported operating income was $84 million. Adjusted operating income of $101 million increased 17 percent compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period Reported EPS was $1.14. Adjusted EPS of $1.38 increased 2 percent compared to prior year on an adjusted basis, excluding the out-of-perio

    $KTB
    Apparel
    Consumer Discretionary
  • Kontoor Brands Reports Preliminary 2024 Fourth Quarter Results

    Fourth quarter 2024 revenue of approximately $699 million increased 4 percent compared to prior year (5 percent on a constant currency basis) Fourth quarter 2024 reported gross margin of approximately 43.7 percent. Adjusted gross margin of approximately 44.7 percent increased 160 basis points compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period Fourth quarter 2024 reported EPS of approximately $1.14. Adjusted EPS of approximately $1.38 increased 2 percent compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period. Adjusted EPS in the prior year was positively impacted by a discrete tax benefit. Excl

    $KTB
    Apparel
    Consumer Discretionary
  • Kontoor Brands Announces Definitive Agreement to Acquire Iconic Global Outdoor and Workwear Brand Helly Hansen®

    Acquisition accelerates Kontoor's revenue, earnings growth and cash flow profile and enhances the Company's TSR model Adds global brand with scale and increases penetration in the large and growing Outdoor and Workwear categories globally Diversifies the Company's consumer, geographic, category and channel footprint Leverages Kontoor's global, multi-brand operating platform and deep management expertise in Outdoor and Workwear Kontoor expects Helly Hansen to generate more than $680 million of revenue and $80 million of adjusted EBITDA for full year 2025 Purchase price is approximately $900 million and reflects an approximate 11x transaction multiple based on Kontoor's full year 2

    $KTB
    Apparel
    Consumer Discretionary

$KTB
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more