Kontoor Brands' Helly Hansen acquisition boosts EPS & long-term growth. Analysts project significant accretion, despite ...
Stifel analyst Jim Duffy lowered the firm’s price target on Kontoor Brands (KTB) to $83 from $93 and keeps a Hold rating on the shares ...
“We are mindful of the uncertain environment and will continue to manage the business conservatively, but we are confident in our ability to drive strong shareholder returns in 2025 and beyond,” ...
Shares of the Greensboro, N.C., company were recently down nearly 15% at $73.61. Kontoor said it expects full-year adjusted earnings of $5.20 to $5.30 a share on revenue of $2.63 billion to $2.69 ...
It ticked all the right boxes," says CEO Scott Baxter, Kontoor's chief executive, of the Helly Hansen acquisition. "We wanted ...
U.S. revenue was $569 million and increased 6 percent compared to the prior-year Q4 period. U.S. Wholesale revenue increased ...
B, consensus $2.68B.Discover the Best Stocks and Maximize Your Portfolio: See what stocks are receiving Strong ...
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 ...
U.S. revenue was up 6% year-over-year to $569 million. U.S. wholesale revenue increased 5% during the quarter. Direct-to-consumer increased 11% driven by a 16% increase in digital and a 1% increase in ...
The sale would generate cash that Magna can use to scale up its remaining operations, pay down debt and buy back shares ...
Norwegian apparel brand Helly Hansen has been sold to American company Kontoor Brands, known for owning Wrangler and Lee, for approximately $900 million (around 10 billion NOK). Most of Helly ...
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