KTB Stock Recent News

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.

Kontoor Brands, Inc. (NYSE:KTB ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Michael Karapetian – Vice President, Corporate Development, Strategy, and Investor Relations Scott Baxter – President, Chief Executive Officer and Chair Joe Alkire – Chief Financial Officer Conference Call Participants Ike Boruchow – Wells Fargo Brooke Roach – Goldman Sachs Bob Drbul – Guggenheim Peter McGoldrick – Stifel Mauricio Serna – UBS Paul Kearney – Barclays Laurent Vasilescu – BNP Paribas Operator Greetings, and welcome to the Kontoor Brands Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kontoor Brands (KTB) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.77 per share a year ago.

Investors looking for stocks in the Textile - Apparel sector might want to consider either PVH (PVH) or Kontoor Brands (KTB). But which of these two stocks presents investors with the better value opportunity right now?

Consumers have been dealing with mounting pressure as prices rise due to persistent high inflation. In this challenging environment, Kontoor Brands (KTB) CEO Scott Baxter joins Catalysts to discuss how his company continues to thrive despite the current strain on consumer wallets.

Kontoor Brands (KTB) Q1 results benefit from a gain in market share, expansion of new product and notable growth in its direct-to-consumer (DTC) business.

Scott Baxter, Kontoor Brands CEO, joins CNBC's 'The Exchange' to break down growth drivers for Kontoor, DTC strategy, and more.

Kontoor Brands (KTB) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.16 per share a year ago.

Shares of Kontoor Brands Inc. KTB, +0.13% jumped 4.7% toward a three-year high in premarket trading Thursday, after the parent of the Wrangler and Lee jeans brands beat first-quarter profit and sales expectation and boosted its full-year outlook despite continued inventory cuts by retailers. Net income fell to $59.5 million, or $1.05 a share, from $66.3 million, or $1.16 a share, in the year-ago period.