Kontoor Brands, Inc.

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.

Kontoor Brands, Inc. is a global lifestyle apparel company, with a brand portfolio that includes Wrangler® and Lee®. The company designs, manufactures, and distributes high-quality clothing.

Apparel & Fashion

Wrangler

Retail Apparel and Fashion

Kontoor Brands, Inc. | 104,655 followers on LinkedIn. A global apparel company with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®.  | Kontoor Brands (NYSE: KTB) is a global lifestyle apparel company, with a portfolio of some of the world&#39;s most iconic consumer brands: Wrangler® and Lee®. We design, manufacture and distribute superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves.

Assistant Treasurer and North America Credit

Emerson Valle P.

Vice President@Kontoor Brands(Wrangler&Lee) | Innovation, Strategy, Sustainability, Research & Development

Dhruv Agarwal

EVP, Global Brands President - Wrangler & Lee

Jenni Broyles

ASLI AKINTURK

Following Kontoor Brands’ strong Q3 2024 earnings report on Thursday, President and CEO Scott Baxter spoke with both CNBC and Bloomberg to discuss the company’s continued growth trajectory and credit his team for Kontoor’s continued success. “We’ve raised the talent level in our organization over the last couple of years pretty significantly,” Baxter told Jon Fortt , of CNBC’s The Exchange. “We’re building fantastic product out of our design teams and it’s resonating with the consumer.” Baxter stressed that a global team effort and a healthy balance between wholesale, digital and direct-to-consumer distribution channels has led to continued growth and consistent gains in market share. “We like where we’re going,” Baxter said. “We’ve been slowly building our digital and our DTC globally, and we think we’ve been building it at the appropriate pace.”

Today, Kontoor Brands announced its 2024 Q3 results. “We are raising our full year outlook driven by better-than-expected third quarter results, stronger profitability and cash generation,” said Scott Baxter , President, Chief Executive Officer and Chair of Kontoor Brands. “Our business is positioned to strengthen in the fourth quarter, as evidenced by accelerating revenue growth, gross margin expansion, stronger operating earnings growth and further reductions in inventory. We will continue to manage the business conservatively in light of the uncertain environment, but remain confident in our ability to drive strong returns for the balance of the year and into 2025.” Read full release here: https://lnkd.in/ecmUZqHh

With mental health challenges on the rise among North Carolina teens, the Kontoor Brands Foundation is proud to support The Kellin Foundation in its mission to expand vital resources within Greensboro schools. Read more about one of our 2024 Cycle I grant recipients and their commitment to uplifting, empowering, and educating Greensboro youth.

Our annual Fall Social at Kontoor's Global HQ was a wonderful opportunity for employees to come together and reconnect over good food, drinks, and conversation! We’re grateful to those who organized and attended this incredible event.

Rain gear has never looked better. Lee x STUTTERHEIM is putting a fresh spin on heritage U.S. workwear and superior Swedish rain gear. Check out the full collection: https://lnkd.in/eCXzwrZn

Last week, Kontoor Brands President, CEO and Chairman of the Board Scott Baxter inaugurated Kontoor’s Hall of Fame with the induction of former VF Corporation Chairman and CEO, Mackey J. McDonald, who was recognized for his impactful leadership with the company and the greater Greensboro community. McDonald had a distinguished career with VF Corporation that spanned more than 25 years, including 11 years as CEO and 10 years as Chairman of the Board. One of McDonald’s notable achievements was relocating the organization’s global headquarters to Greensboro, North Carolina, in 1998. McDonald was joined by family, friends, and former coworkers for a hall of fame induction ceremony at Kontoor’s Hometown Studio in downtown Greensboro.

Our employee resource group in Bangladesh recently demonstrated the power of community and compassion. Traveling nearly 7 hours from Dhaka to Sylhet, they delivered essential supplies — including food, medicine, and drinking water — to 500 families impacted by the recent floods. We’re proud of the incredible commitment and care our employees show in times of need. Thank you to our teams in Bangladesh for going the extra mile to support the community.

¡Bienvenidos! Our Lee and Wrangler licensing partners from South America recently joined us at Kontoor's Global HQ for an exciting week of planning and collaboration in preparation for FW25.

We joined the Accelerating Circularity Project to collaborate and show that textiles can be recycled into new materials. As a part of the textile-to-textile recycling project in the U.S., Accelerating Circularity has recycled 23 tons each of post-consumer and post-industrial cotton. Our Wrangler x Accelerating Circularity jeans contain 26% recycled cotton. Check out the jeans here: https://lnkd.in/e4qjNMR4 To learn more about the partnership, visit: https://lnkd.in/ed877cjn

Long Live Cowgirls! Wrangler and country music superstar Lainey Wilson have launched their much-anticipated clothing collection, Wrangler’s largest collaboration to date. Check it out here: https://lnkd.in/eVDxbMei

NYSE:KTB

Kontoor Brands, Inc.

Last Close

89.01

08/11 21:00

Market Cap

3.53B

Beta: 1.17

Volume Today

360.35K

Avg: 519.63K

PE Ratio

15.32

PFCF: 18.18

Dividend Yield

3.33%

Payout:50.21%

Analysis Not Available