Iconic American Menswear Styles Reimagined the Paul Smith Way First introduced at the Paul Smith Spring/Summer 2025 presentation at Pitti Uomo, Paul Smith has collaborated with iconic American brand, Lee®, on a collection inspired by Paul Smith's famous stripes and Sir Paul's saying, ‘look and see'. The 14-piece limited edition collection includes jeans, denim jackets, western-style shirts and T-shirts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250313479429/en/Lee® and Paul Smith Debut New Global Menswear Capsule Collection. Photo Credit: ©Lee 2025©Paul Smith The story of the two coming together dates to Paul's early days.

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

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

Stifel downgraded Kontoor Brands from Buy to Hold and set a new price target of $93.00 from $89.00 previously

Edward Jones downgraded Kontoor Brands from Buy to Hold

Barclays upgraded Kontoor Brands from Equal Weight to Overweight and set a new price target of $59.00 from $47.00 previously

4 - Kontoor Brands, Inc. (0001760965) (Issuer)

4 - Kontoor Brands, Inc. (0001760965) (Issuer)

4 - Kontoor Brands, Inc. (0001760965) (Issuer)

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10-K - Kontoor Brands, Inc. (0001760965) (Filer)

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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

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

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

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

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

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

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