Kontoor Brands Q4 Earnings Call: Wrangler Shines Amid Challenges
TipRanks (Thu, 27-Feb 9:19 PM ET)
Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook
Business Wire (Tue, 25-Feb 6:50 AM ET)
Business Wire (Thu, 20-Feb 9:00 AM ET)
Kontoor Brands Reports Preliminary 2024 Fourth Quarter Results
Business Wire (Wed, 19-Feb 6:30 AM ET)
Business Wire (Wed, 19-Feb 6:30 AM ET)
Kontoor Brands Declares Quarterly Dividend
Business Wire (Fri, 14-Feb 6:50 AM ET)
Kontoor Brands Announces Fourth Quarter 2024 Earnings and Conference Call Date
Business Wire (Tue, 11-Feb 6:50 AM ET)
Introducing Lee X: An Innovative Platform that Redefines Men's Apparel
Business Wire (Thu, 16-Jan 12:30 AM ET)
Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick-and-mortar and e-commerce retailers. The Company has two reportable segments: Wrangler and Lee. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
Kontoor Brands Common trades on the NYSE stock market under the symbol KTB.
As of March 4, 2025, KTB stock price declined to $62.80 with 513,352 million shares trading.
KTB has a beta of 0.78, meaning it tends to be less sensitive to market movements. KTB has a correlation of 0.05 to the broad based SPY ETF.
KTB has a market cap of $3.47 billion. This is considered a Mid Cap stock.
Last quarter Kontoor Brands Common reported $699 million in Revenue and $1.38 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.03.
In the last 3 years, KTB traded as high as $96.80 and as low as $30.98.
The top ETF exchange traded funds that KTB belongs to (by Net Assets): IJR, VTI, VB, CALF, IWM.
KTB has underperformed the market in the last year with a price return of +9.7% while the SPY ETF gained +14.2%. KTB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -32.7% and -25.0%, respectively, while the SPY returned -3.8% and -5.1%, respectively.
KTB support price is $61.36 and resistance is $64.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KTB shares will trade within this expected range on the day.