KTB Stock Recent News

Kontoor Brands, the owner of Wrangler and Lee jeans, has seen significant stock gains but now appears fairly valued, prompting a downgrade to 'hold'. Despite mixed financial results, recent improvements in profits and cash flow are noted, though revenue has shown weakness. The company's valuation, relative to peers, appears pricey, and future performance hinges on upcoming third-quarter results.

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--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 plans to release its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live.

New collaboration brings a Coors twist to the look and feel of classic Wrangler Cowboy Cut jeans New collaboration brings a Coors twist to the look and feel of classic Wrangler Cowboy Cut jeans

New collaboration brings a Coors Banquet twist to the look and feel of classic Wrangler  C owboy Cut jeans GOLDEN, Colo. , Oct. 8, 2024 /PRNewswire/ -- From concert stages and rodeos, to tailgates and honky-tonks, Coors Banquet and Wrangler ®  have crossed paths for years.

GREENSBORO, N.C.--(BUSINESS WIRE)--Lee® and STUTTERHEIM have partnered together on a collaboration that transforms classic workwear into modern rainwear. The Lee® x STUTTERHEIM collection integrates Lee's enduring workwear designs with advanced Scandinavian waterproof technology. This collection reinterprets Lee's iconic Storm Rider™ Jacket, Chore Jacket, and Bib Overall, using STUTTERHEIM's cutting-edge waterproof fabrics to blend traditional durability with contemporary innovation. The result.

GREENSBORO, N.C.--(BUSINESS WIRE)--As part of a multi-year partnership, today Wrangler® launched its highly anticipated apparel collaboration with country superstar Lainey Wilson, the first ever for the Grammy-winning recording artist. Next-generation country icon Lainey Wilson's creative energy saddles up with Wrangler's Western heritage to bring consumers a joyful patchwork of contemporary cowgirl style. “Like the lyrics of my songs, these clothes tell my story, with a little bit of grit and.

Here is how Kontoor Brands (KTB) and The RealReal (REAL) have performed compared to their sector so far this year.

Kontoor (KTB) possesses solid growth attributes, which could help it handily outperform the market.

Kontoor (KTB) possesses solid growth attributes, which could help it handily outperform the market.

Kontoor Brands, Inc. reported mixed 2Q24 results with flat revenues and improved margins, leading to a 27% increase in EPS. Positive developments include market share gains and potential upturn in wholesale demand, but negatives include weakness in Lee and Asia segments. Valuation remains fair with the stock price unchanged, leading to a Hold rating and uncertainty about sales growth despite the positive denim cycle.