Kontoor Brands, Inc. logo KTB - Kontoor Brands, Inc.

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| PRICE TARGET: $77.20 DETAILS
HIGH: $96.00
LOW: $50.00
MEDIAN: $80.00
CONSENSUS: $77.20
UPSIDE: 10.43%

Stock News

Authentic Brands Group Signs Definitive Agreement to Acquire Lee®

Authentic Brands Group Signs Definitive Agreement to Acquire Lee®

NEW YORK, May 21, 2026 /PRNewswire/ -- Authentic Brands Group (Authentic), a global brand and entertainment platform, today announced a definitive agreement to acquire Lee, one of the most recognized and enduring names in global denim, from Kontoor Brands, Inc. (NYSE: KTB). As the owner of some of the most iconic and beloved sports, fashion, media and entertainment intellectual property in the world, Authentic sees Lee as a natural fit for its global platform.

May 21, 2026 03:00 AM • prnewswire.com
Kontoor Brands Enters Into Definitive Agreement to Sell Lee® Business to Authentic Brands Group

Kontoor Brands Enters Into Definitive Agreement to Sell Lee® Business to Authentic Brands Group

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced it has signed a definitive agreement to sell the Lee® business to Authentic Brands Group (Authentic) for up to $1 billion, including an initial transaction value of $750 million and a $250 million earnout opportunity in future years based on the performance of Lee under Authentic's ownership. The transaction is subject to required regulatory approvals and customary closing conditions. “The Lee transaction is a d.

May 21, 2026 02:50 AM • businesswire.com
Kontoor Brands Reports Stronger 2026 First Quarter Results and Raises Full Year Outlook; Announces Planned Divestiture of Lee and $750 Million Share Repurchase Program

Kontoor Brands Reports Stronger 2026 First Quarter Results and Raises Full Year Outlook; Announces Planned Divestiture of Lee and $750 Million Share Repurchase Program

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today reported financial results for its first quarter ended April 4, 2026. “Our strong first quarter results reflect the power of our operating model combined with strong execution,” said Scott Baxter, President, Chief Executive Officer and Chairman of the Board of Directors. “Wrangler drove another quarter of broad-based growth and market share gains, and Helly Hansen delivered better-than-expected revenue and profitability.

May 07, 2026 02:50 AM • businesswire.com
Kontoor Brands Declares Quarterly Dividend

Kontoor Brands Declares Quarterly Dividend

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on June 18, 2026, to shareholders of record at the close of business June 8, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kon.

Apr 24, 2026 02:50 AM • businesswire.com
Kontoor Brands Announces First Quarter 2026 Earnings and Conference Call Date

Kontoor Brands Announces First Quarter 2026 Earnings and Conference Call Date

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced plans to release its first quarter 2026 financial results on Thursday, May 7, 2026, 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 and accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be availabl.

Apr 16, 2026 02:50 AM • businesswire.com
Kontoor Brands Appoints Erinn Murphy as Vice President, Global Head of Finance and Operations, Helly Hansen and Corporate Investor Relations

Kontoor Brands Appoints Erinn Murphy as Vice President, Global Head of Finance and Operations, Helly Hansen and Corporate Investor Relations

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), today announced that Erinn Murphy will join Kontoor Brands as Vice President, Global Head of Finance and Operations, Helly Hansen and Corporate Investor Relations in early May. Murphy will take an international assignment in Oslo, Norway as a member of the Helly Hansen leadership team as well as oversee corporate investor relations. “We are thrilled to welcome Erinn Murphy to Kontoor Brands,” said Executive Vice President, Chi.

Apr 09, 2026 02:50 AM • businesswire.com
Kontoor Brands Announces Expanded Global Leadership Role for Joseph Alkire

Kontoor Brands Announces Expanded Global Leadership Role for Joseph Alkire

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB), today announced that Joseph Alkire will assume an expanded role on Kontoor's Executive Leadership Team, effective immediately. In addition to his responsibilities as Chief Financial Officer and Global Head of Operations, Alkire will assume global responsibilities for the Helly Hansen brand. “Joe has been my strategic partner since the early stages of the acquisition, leveraging our collective experience in the outdoor category.

Apr 08, 2026 02:50 AM • businesswire.com

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