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.
Lee® has launched a collaboration with Dragon Ball Z, available in the US and Europe, featuring a curated capsule collection of tops and shorts. This collaboration marks the first of its kind, merging iconic fashion with popular anime culture, celebrating 30 years of Dragon Ball Z. The collection includes items like men’s graphic camp shirts priced at
Kontoor Brands, Inc. (NYSE: KTB) has announced a quarterly cash dividend of
Kontoor Brands, Inc. (NYSE: KTB), a leading lifestyle apparel company known for iconic brands Wrangler® and Lee®, is set to release its first-quarter financial results on May 4, 2023, at 6:50 a.m. ET. The announcement will be followed by a conference call at 8:30 a.m. ET, where management will review the results. This call will be accessible via live broadcast on the company's investor relations website and will also be archived for later listening. Kontoor Brands focuses on leveraging its global platform and strategic sourcing to enhance brand growth and deliver long-term stakeholder value.
Kontoor Brands, Inc. (NYSE: KTB) has launched its Global Design Standards to reduce the environmental impact of its apparel brands, Wrangler and Lee. This initiative focuses on Preferred Materials, Low Impact Fabric, and Low Impact Finishing, aiming for 70% of fabric materials from sustainable sources and significant reductions in freshwater usage. The company seeks to guide industry change through responsible product design and innovation. Products meeting these standards will feature a WeCare badge on Wrangler.com, encouraging consumers to make sustainable choices.
Wrangler and Fender Musical Instruments Corporation have announced the second global launch of their collaboration, featuring limited-edition guitar accessories and unique denim clothing. The collection includes graphic tees, denim jackets, and accessories like gold-stitched straps and custom guitar cases, inspired by the heritage of music and denim. Retail prices for clothing range between $60 and $250, while accessories are priced from $9.99 to $89.99. This collaboration seeks to honor artists who have impacted music and style, encouraging self-expression among fans.
Kotoor Brands (NYSE: KTB) reported a strong finish for Q4 2022, with revenue of $732 million, a 7% increase year-over-year, and earnings per share (EPS) of $0.91. For the full year 2022, revenue reached $2.63 billion, up 6%, while EPS stood at $4.31. The company announced a quarterly dividend of $0.48 per share, payable March 20, 2023. In 2023, KTB anticipates low-single digit revenue growth and expects EPS between $4.55 to $4.75. Despite challenges from COVID-related impacts in China, the company remains optimistic about its strategic investments and long-term goals.
Kontoor Brands, Inc. (NYSE: KTB) has announced a quarterly cash dividend of $0.48 per share, payable on March 20, 2023, to shareholders of record by the close of business on March 10, 2023. This dividend reflects the company's ongoing commitment to returning value to its stakeholders while maintaining a strong financial position. As a global lifestyle apparel company, Kontoor is recognized for its iconic brands, Wrangler and Lee, and continues to focus on strategic growth and supply chain excellence to ensure sustainable value delivery.
FAQ
What is the current stock price of Kontoor Brands (KTB)?
What is the market cap of Kontoor Brands (KTB)?
What are the primary brands under Kontoor Brands, Inc.?
Where does Kontoor Brands generate most of its revenue?
How does Kontoor Brands distribute its products?
What segment contributes the most to Kontoor Brands' revenue?
Does Kontoor Brands have an international presence?
What is Kontoor Brands' approach to manufacturing?
How does Kontoor Brands ensure product quality?
What recent initiatives has Kontoor Brands undertaken?
How does Kontoor Brands stay relevant in the fashion industry?
What is the mission of Kontoor Brands?
