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. (NYSE: KTB), the global lifestyle apparel leader behind iconic denim brands Wrangler® and Lee®, provides investors and industry professionals with timely updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the company renowned for its heritage-driven design and operational excellence in the apparel sector.
This resource consolidates essential KTB updates including quarterly earnings reports, sustainability initiatives, product innovations, and market expansion activities. Investors gain direct access to primary source materials while analysts benefit from structured data for informed assessments of the company’s performance in competitive apparel markets.
All content is curated to meet professional needs without speculative commentary. Users will find updates on supply chain developments, retail partnerships, and brand-specific strategies across Kontoor’s Wrangler and Lee segments. The archive serves as a reliable reference for understanding the company’s operational cadence and industry positioning.
Bookmark this page for streamlined access to Kontoor Brands’ latest announcements. Check back regularly for authoritative updates directly from the company and verified third-party sources covering its global operations.
Kontoor Brands, Inc. (NYSE: KTB) has declared a regular quarterly cash dividend of
Kontoor Brands, Inc. (NYSE: KTB) plans to announce its first quarter 2022 financial results on May 5, 2022, at 6:50 a.m. ET. Following the release, management will hold a conference call at 8:30 a.m. ET to discuss the results. The call will be accessible live and archived on the company's investor relations website. Kontoor Brands is known for its iconic brands, Wrangler and Lee, and focuses on delivering quality products while driving growth and long-term value for stakeholders.
Wrangler has launched the Wrangler Reborn™ collection, featuring vintage denim from the 1950s to 2000s, coinciding with the brand's 75th anniversary. This curated collection includes iconic styles like the 13MWZ Cowboy Cut® and Cowboy Cut® 0936, showcasing the brand's commitment to quality and sustainability. The collection supports WeCare Wrangler™, promoting circularity in fashion by reselling older denim. Wrangler aims to connect with younger audiences and celebrate their heritage through timeless, durable pieces.
Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, has announced key executive leadership changes. Chris Waldeck has been appointed as Co-Chief Operating Officer and will oversee international markets and Direct to Consumer channels for the Lee brand. Similarly, Tom Waldron has been named Co-Chief Operating Officer for the Wrangler brand, focusing on operations, product development, and innovation. CEO Scott Baxter highlighted the need for alignment and strategic focus during the company's transition towards growth.
Wrangler® has announced the expansion of its Rooted Collection® for Spring '22, featuring jeans and shirts made from U.S.-grown sustainable cotton.
New offerings include men’s and women’s jeans and state-specific jeans for Alabama, California, North Carolina, and Texas.
This initiative aims to honor local farmers, promote sustainable practices, and enhance supply chain transparency.
Wrangler targets 100% sustainable cotton usage by 2025 through its WeCare Wrangler™ platform, ensuring each cotton source is traceable.
Kontoor Brands (KTB) has reaffirmed its 2022 outlook ahead of the UBS Consumer Conference on March 9, 2022. The company expects 2022 revenue to be approximately $2.7 billion, an increase of high single digits compared to 2021. For the first half of the year, Q1 revenue is projected between $650 million to $660 million, while Q2 is expected to range from $640 million to $650 million, reflecting a significant growth of 30-32% year-over-year. Kontoor's business in Russia and Ukraine remains minimal and non-material to overall revenue.
Kontoor Brands, Inc. (NYSE: KTB) reported Q4 2021 revenue of $681 million, a 3% increase from Q4 2020, with FY revenue of $2.48 billion, up 18% year-over-year. Q4 EPS was $0.75, with adjusted EPS at $0.88. For 2022, revenue is projected at about $2.7 billion, reflecting high single-digit growth compared to 2021. The company highlights its strategic investments in digital and international markets, despite challenges from VF Outlet closures. The gross margin increased to 42.8%, although adjusted gross margin saw a slight decrease. The company returned $171 million to shareholders in 2021 through dividends and share repurchases.
Kontoor Brands, Inc. (NYSE: KTB) has declared a quarterly cash dividend of $0.46 per share, payable on March 18, 2022, to shareholders of record by the end of business on March 8, 2022. This decision reflects the company's commitment to delivering shareholder value. Kontoor Brands is a global lifestyle apparel company known for its iconic brands Wrangler® and Lee®.
Wrangler is celebrating its 75th Anniversary by launching a partnership with Grammy-winner Leon Bridges, featuring NFT drops that merge fashion, music, and art. The first drop includes 75 digitally animated Icon-Tier NFTs offering access to exclusive events. The auction will conclude soon, with NFTs tradeable on secondary marketplaces. In September, Wrangler will unveil a unique Legendary-Tier NFT that includes a custom denim outfit and exclusive content from Bridges, showcasing the brand's foray into the metaverse. The celebration includes additional collaborations throughout the year.
