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03.11.25 - 12:54
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Kontoor Brands Reports 2025 Third Quarter Results; Raises 2025 Outlook (Business Wire)
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Third Quarter 2025 Highlights
Revenue of $853 million increased 27 percent compared to prior year, including a 2 point impact from a shift in the timing of shipments from the third quarter to the fourth quarter
Reported gross margin was 41.3 percent. Adjusted gross margin of 45.8 percent increased 80 basis points compared to prior year
Reported operating income was $64 million. Adjusted operating income of $122 million increased 14 percent compared to prior year
Reported EPS was $0.66. Adjusted EPS of $1.44 increased 5 percent compared to prior year
The Company made a $25 million voluntary term loan payment
As previously announced, the Company's Board of Directors declared a regular quarterly cash dividend of $0.53 per share, a 2 percent increase
Updated Full Year 2025 Outlook
Revenue now expected to be at the high end of the prior outlook range of $3.09 to $3.12 billion, representing an increase of approximately 19 to 20 percent
Adjusted gross margin now expected to be approximately 46.4 percent (46.1...
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30.10.25 - 11:54
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Kontoor Brands Appoints Børre Hegbom as Senior Vice President, Global Head of Helly Hansen (Business Wire)
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GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced the appointment of Børre Hegbom as Senior Vice President, Global Head of Helly Hansen effective immediately.
Hegbom will lead the execution of the strategic plan to drive growth across the Helly Hansen business, with responsibility for Sport and Workwear globally. As a member of the Executive Leadership Team, he will report to Scott Baxter, President, Chief Executive Officer and Chairman of the Board of Directors of Kontoor Brands.
“Børre's proven track record of driving profitable growth and his deep understanding of what drives consumer demand for the Helly Hansen brand make him the ideal leader for this role," said Scott Baxter, President, Chief Executive Officer and Chairman of the Board of Directors. "His appointment accelerates our ability to execute against the investment roadmap we've developed for Helly Hansen.”
Hegbom brings more than two decades of experience with Helly Hansen in roles of...
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24.10.25 - 12:51
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Kontoor Brands Declares Quarterly Dividend, a 2 Percent Increase (Business Wire)
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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, an increase of $0.01 or 2 percent. The cash dividend will be payable on December 18, 2025, to shareholders of record at the close of business December 8, 2025.
About Kontoor Brands
Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Hansen®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com. Contacts
Investors:Michael Karapetian, (336) 332-4263
Vice President, Corporate Development, Strategy, and Investor Relations
Michael.Karapetian@kontoorbrands.com
or
Media:Jul...
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13.10.25 - 12:54
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Kontoor Brands Announces Third Quarter 2025 Earnings and Conference Call Date (Business Wire)
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GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced plans to release its third quarter 2025 financial results on Monday, November 3, 2025, 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 available at the same location.
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®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com. Contacts ...
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07.08.25 - 12:51
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Kontoor Brands Reports 2025 Second Quarter Results; Strengthens 2025 Outlook (Business Wire)
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Second Quarter 2025 Highlights
Revenue of $658 million increased 8 percent compared to prior year. Excluding the acquisition of Helly Hansen, revenue increased 4 percent compared to prior year
Reported gross margin was 46.3 percent. Adjusted gross margin of 46.4 percent increased 120 basis points compared to prior year, including a 20 basis point benefit from the acquisition of Helly Hansen
Reported operating income was $79 million. Adjusted operating income of $100 million increased 25 percent compared to prior year. Excluding the acquisition of Helly Hansen, adjusted operating income of $105 million increased 32 percent compared to prior year
Reported EPS was $1.32. Adjusted EPS of $1.21 increased 23 percent compared to prior year. Excluding the acquisition of Helly Hansen, adjusted EPS of $1.33 increased 36 percent compared to prior year
The Company made a $25 million voluntary term loan payment
As previously announced, the Company's Board of Directors declared a regular quarterly cash dividend of $0....
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29.07.25 - 12:57
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Kontoor Brands Announces Expanded Global Leadership Roles for Jenni Broyles and Joseph Alkire (Business Wire)
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GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB), today announced that Jenni Broyles and Joseph Alkire will assume expanded roles on Kontoor's Executive Leadership Team, effective immediately.
“Jenni and Joe have earned these expanded roles through proven performance and strategic leadership, a testament to the depth of talent we are cultivating at Kontoor Brands,” said Kontoor's President, Chief Executive Officer and Chairman, Scott Baxter. “This leadership team has the vision and expertise to guide Kontoor's strategic evolution as we expand our portfolio of brands, accelerate growth and continue to deliver long-term value for our shareholders.”
Broyles will assume leadership responsibility for all international and commercial operations for the Lee and Wrangler brands in the role of Executive Vice President, Chief Commercial Officer & Global Head of Brands, reporting to Kontoor's President, Chief Executive Officer and Chairman, Scott Baxter.
Alkire will assume leader...
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