|
|
|
|
|
|
|
02.06.25 - 12:51
|
Kontoor Brands Completes Acquisition of Helly Hansen® (Business Wire)
|
|
|
GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced that it has completed the previously announced acquisition of Helly Hansen, the global outdoor and workwear brand.
“Today marks an exciting step forward for Kontoor as we expand our portfolio of iconic consumer brands. The acquisition of Helly Hansen will increase our growth profile, drive greater category, channel and geographic diversification, and increase our penetration in the attractive outdoor and workwear markets,” said Scott Baxter, President, Chief Executive Officer and Chairman of Kontoor Brands. “I want to thank the entire Helly Hansen team for their partnership as we have worked toward this exciting milestone. Together, I am more confident than ever we will create significant long-term value for our shareholders.”
Helly Hansen is expected to be immediately accretive to the Company's revenue, adjusted earnings per share and cash flow in fiscal 2025, consistent with the Company's outlook provided...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06.05.25 - 12:54
|
Kontoor Brands Reports 2025 First Quarter Results; Updates 2025 Outlook (Business Wire)
|
|
|
First Quarter 2025 Highlights
Revenue of $623 million decreased 1 percent compared to prior year (flat on a constant currency basis)
Reported gross margin was 47.5 percent. Adjusted gross margin of 47.7 percent increased 200 basis points compared to prior year
Reported operating income was $73 million. Adjusted operating income of $96 million increased 4 percent compared to prior year. Adjusted operating income includes $8 million of incremental acquisition-related stock-based compensation expense
Reported EPS was $0.76. Adjusted EPS of $1.20 increased 3 percent compared to prior year. Reported and adjusted EPS includes $0.11 of incremental acquisition-related stock-based compensation expense
Inventory decreased 12 percent compared to prior year
As previously announced, the Company's Board of Directors declared a regular quarterly cash dividend of $0.52 per share
Updated Full Year 2025 Outlook
Outlook includes the expected revenue, earnings and cash flow contribution from Helly Hansen, which is expected ...
|
|
|
|
|
|
|
18.04.25 - 12:54
|
Kontoor Brands Declares Quarterly Dividend (Business Wire)
|
|
|
GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.52 per share of its common stock. The cash dividend will be payable on June 20, 2025, to shareholders of record at the close of business on June 10, 2025.
About Kontoor Brands
Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures, distributes, and licenses superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliv...
|
|
|
15.04.25 - 12:54
|
Kontoor Brands Announces First Quarter 2025 Earnings and Conference Call Date (Business Wire)
|
|
|
GREENSBORO, N.C.--(BUSINESS WIRE)--$KTB--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2025 financial results on Tuesday, May 6, 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 global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures, distributes, and licenses superior high-quality products that look good and fit right, giving people around the world the freedom and confide...
|
|
|
|
|
|
|
|
|
|
|
25.02.25 - 12:51
|
Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook (Business Wire)
|
|
|
Fourth Quarter 2024 Highlights
Revenue of $699 million increased 4 percent compared to prior year (5 percent on a constant currency basis)
Reported gross margin was 43.7 percent. Adjusted gross margin of 44.7 percent increased 160 basis points compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period
Reported operating income was $84 million. Adjusted operating income of $101 million increased 17 percent compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period
Reported EPS was $1.14. Adjusted EPS of $1.38 increased 2 percent compared to prior year on an adjusted basis, excluding the out-of-period duty charge in that period. Adjusted EPS in the prior year was positively impacted by a discrete tax benefit. Excluding these impacts, adjusted EPS increased approximately 23 percent
Inventory decreased 22 percent compared to prior year
As previously announced, the Company's Board of Directors declared a regular quarterly cash d...
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
