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Kontoor Brands, Inc. - KTB STOCK NEWS

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) is a global lifestyle apparel company known for its iconic brands, Wrangler and Lee. With a focus on superior high-quality products, Kontoor Brands designs, manufactures, and distributes clothing that not only looks good but also fits perfectly. This commitment gives people worldwide the freedom and confidence to express themselves through fashion.

Operating through a combination of owned and leased manufacturing facilities, Kontoor Brands ensures stringent quality control and efficient production processes. The company’s distribution strategy is diverse, encompassing both brick-and-mortar retail locations and dynamic e-commerce platforms.

The financial strength of Kontoor Brands is primarily driven by its Wrangler segment, with a significant portion of its revenue generated from the United States. However, the company also maintains a robust international presence, extending its market reach and consumer base worldwide.

Recent developments include strategic partnerships and innovative product launches under the Wrangler and Lee brands. These initiatives are aimed at expanding market share, enhancing brand loyalty, and meeting the evolving preferences of global consumers.

Kontoor Brands is not just about apparel; it's about crafting a lifestyle. By blending tradition with modern trends, the company continuously adapts to the ever-changing fashion landscape, ensuring relevance and appeal across generations.

For the latest updates and relevant information about Kontoor Brands, including financial performance, new product releases, and corporate announcements, please follow news from credible sources such as the company’s official releases.

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Kontoor Brands, Inc. (NYSE: KTB) declares a regular quarterly cash dividend of $0.50 per share of its common stock. The dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.
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Kontoor Brands, Inc. (KTB) to Release Q1 2024 Financial Results on May 2, 2024
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Kontoor Brands, Inc. appoints new leaders to its Executive Leadership Team to drive growth and value creation. Tom Waldron becomes Chief Operating Officer, Jenni Broyles as EVP, Global Brands President, and Ezio Garciamendez as EVP, Chief Supply Chain Officer. Christopher Waldeck steps down from his role. The appointments aim to streamline operations and enhance efficiency.
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Lee and Diesel announce the launch of the new DIESEL❤VES LEE capsule collection, featuring jeans made from unsold stock. The collaboration aims to repurpose excess inventory, emphasizing innovation and unity in the denim industry.
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Kontoor Brands, Inc. (KTB) appoints Mary Campbell to its board of directors, expanding the board size. Campbell brings vast experience in consumer-driven product innovation, marketing, and brand building. Her expertise in Direct to Consumer and eCommerce aligns with Kontoor's digital growth strategy.
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Kontoor Brands, Inc. (KTB) reported financial results for Q4 2023 and full year 2023. Despite revenue decrease, adjusted gross margin and EPS showed improvement. The company repurchased shares and declared a cash dividend. The 2024 financial outlook anticipates growth with Project Jeanius set to enhance profitability and efficiency.
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Kontoor Brands, Inc. (KTB) declares a quarterly cash dividend of $0.50 per share for its common stock, payable on March 18, 2024, to shareholders of record on March 8, 2024.
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Kontoor Brands, Inc. (NYSE: KTB) has promoted Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations. Karapetian has a strong background in institutional asset management and equity research, making him a valuable addition to the company. His promotion is expected to drive the next chapter of Kontoor’s value creation journey.
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Kontoor Brands, Inc. (KTB) is set to release its fourth quarter 2023 financial results on February 28, 2024. The global lifestyle apparel company, known for iconic consumer brands Wrangler® and Lee®, will host a conference call to review the results. The conference call will be broadcast live and accessible at kontoorbrands.com/investors.
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Lee® announces the global launch of a collection featuring the work of artist Jean-Michel Basquiat, blending legendary denim and groundbreaking art in unique styles for men and women. The collection includes men’s and women’s jackets, bottoms, tops, tees, sweaters, and sweatshirts, with highlights such as the Striped Blazer and Pant, Laser-Printed Denim, and Denim Rider Jacket.
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FAQ

What is the current stock price of Kontoor Brands (KTB)?

The current stock price of Kontoor Brands (KTB) is $87.85 as of November 21, 2024.

What is the market cap of Kontoor Brands (KTB)?

The market cap of Kontoor Brands (KTB) is approximately 4.9B.

What are the primary brands under Kontoor Brands, Inc.?

The primary brands under Kontoor Brands, Inc. are Wrangler and Lee.

Where does Kontoor Brands generate most of its revenue?

Most of Kontoor Brands’ revenue is generated from the United States.

How does Kontoor Brands distribute its products?

Kontoor Brands distributes its products through both brick-and-mortar retailers and e-commerce platforms.

What segment contributes the most to Kontoor Brands' revenue?

The Wrangler segment contributes the most to Kontoor Brands' revenue.

Does Kontoor Brands have an international presence?

Yes, Kontoor Brands has a robust international presence, extending its market reach globally.

What is Kontoor Brands' approach to manufacturing?

Kontoor Brands manufactures its products in both owned and leased facilities, ensuring quality control and efficient production.

How does Kontoor Brands ensure product quality?

Kontoor Brands ensures product quality through stringent control measures in its owned and leased manufacturing facilities.

What recent initiatives has Kontoor Brands undertaken?

Recent initiatives include strategic partnerships and innovative product launches under the Wrangler and Lee brands.

How does Kontoor Brands stay relevant in the fashion industry?

Kontoor Brands stays relevant by blending tradition with modern trends and continuously adapting to the changing fashion landscape.

What is the mission of Kontoor Brands?

The mission of Kontoor Brands is to create high-quality apparel that allows people to express themselves with confidence and freedom.

Kontoor Brands, Inc.

NYSE:KTB

KTB Rankings

KTB Stock Data

4.85B
54.15M
1.79%
95.46%
6.92%
Apparel Manufacturing
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States of America
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