Welcome to our dedicated page for Kontoor Brands news (Ticker: KTB), a resource for investors and traders seeking the latest updates and insights on Kontoor Brands stock.
Kontoor Brands, Inc. reports developments for a lifestyle apparel portfolio built around Wrangler, Lee and Helly Hansen. Company news centers on operating and financial results, regular cash dividends, capital-structure updates and governance matters, as well as product collaborations and capsule collections that extend its denim, outdoor, workwear, footwear and accessory categories.
Updates also cover leadership responsibilities across finance, operations, brand management and investor relations. The company sells through wholesale and direct-to-consumer channels in the United States and international regions, and its news reflects the commercial activity of its Wrangler, Lee and Helly Hansen segments.
Authentic Brands Group signed a definitive agreement to acquire the Lee denim brand from Kontoor Brands (NYSE:KTB). Lee generates about $1.5 billion in annual retail-equivalent sales across 73 countries, with nearly 40% outside the US and Canada.
Authentic plans to shift Lee to a licensing model, using its network of over 1,700 partners to support and expand the brand. The deal is subject to closing conditions, including regulatory approval, and is expected to close in the second half of 2026.
Kontoor Brands (NYSE:KTB) agreed to sell its Lee business to Authentic Brands Group for up to $1 billion, including an initial $750 million and a $250 million performance-based earnout.
The deal, expected to close in the second half of 2026, aims to streamline Kontoor’s portfolio, sharpen focus on Wrangler and Helly Hansen, and increase capital allocation flexibility for share repurchases, debt reduction and organic growth.
Lee (NYSE:KTB) announced its first celebrity collaboration, the Kacey Lee collection with eight-time Grammy winner Kacey Musgraves, sold exclusively at Walmart.
The 100+ piece Americana-inspired capsule spans denim, apparel, swimwear, accessories and pet items, priced roughly $6–$42, and launches May 19 in about 2,100 Walmart stores and on Walmart.com.
FGX International, an EssilorLuxottica company, announced a new licensing partnership with iconic denim brand Wrangler (parent Kontoor Brands, NYSE:KTB) to launch Wrangler-branded sunglasses and reading glasses.
The line features polarized, impact- and scratch-resistant styles, recycled plastic frames, $20–$35 pricing, and rollout across North and Latin America through 2026.
Kontoor Brands (NYSE: KTB) reported Q1 2026 results with $808M revenue including discontinued Lee ($195M) and $613M continuing operations. Adjusted EPS from continuing operations was $1.06. The company initiated a planned divestiture of Lee (expected 2026) and approved a $750M share repurchase authorization.
Kontoor recognized a $54M IEEPA tariff receivable and updated full‑year 2026 outlook: revenue $3.41–3.46B and adjusted EPS $6.60–6.70 including discontinued operations.
Kontoor Brands (NYSE: KTB) declared a regular quarterly cash dividend of $0.53 per share. The dividend is payable on June 18, 2026 to shareholders of record at the close of business on June 8, 2026. This reflects the company’s ongoing cash return policy to shareholders.
Kontoor Brands includes the Wrangler, Lee and Helly Hansen brands and says it leverages a global platform and supply chain to drive brand growth.
Kontoor Brands (NYSE:KTB) and Chaco launched an eight-piece unisex Chaco x Wrangler collection on April 23, 2026, combining four shirts and four footwear styles.
Items range from a $39.99 Pocket Tee to a $150 Suede Clog and will be sold exclusively on wrangler.com and chacos.com.
Kontoor Brands (NYSE: KTB) will release first quarter 2026 financial results on Thursday, May 7, 2026 at approximately 6:50 a.m. ET, followed by a management conference call at 8:30 a.m. ET.
The live webcast will be available at kontoorbrands.com/investors, with an archived recording posted after the call. Contact investor relations for more information.
Kontoor Brands (NYSE: KTB) appointed Erinn Murphy as Vice President, Global Head of Finance and Operations, Helly Hansen and Corporate Investor Relations, effective early May 2026. Murphy will take an international assignment in Oslo, Norway and join the Helly Hansen leadership team while overseeing corporate investor relations.
Michael Karapetian's role expands to Vice President, Global Brand & Operations Finance and Corporate Investor Relations; he will return from an international assignment in Q3 2026 for a transition period.
Kontoor Brands (NYSE: KTB) announced on April 8, 2026 that Joseph Alkire will assume expanded Executive Leadership Team duties, adding global responsibility for the Helly Hansen brand while remaining CFO and Global Head of Operations. The move aims to accelerate Helly Hansen's growth and profitability with continued support from SVP Børre Hegbom.
The company emphasized operational support, strategic focus, and leveraging Kontoor’s global platform to expand reach in outdoor and workwear categories.