The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
U.S. revenue was $569 million and increased 6 percent compared to the prior-year Q4 period. U.S. Wholesale revenue increased ...
“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...
It ticked all the right boxes," says CEO Scott Baxter, Kontoor's chief executive, of the Helly Hansen acquisition. "We wanted ...
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as ...
Shares of lifestyle apparel company known for brands like Wrangler and Lee, Kontoor Brands, Inc. (NYSE:KTB), are trading ...
6don MSN
Kontoor Brands (NYSE:KTB) expects revenue of approximately $699M for the fourth quarter of 2024, up 4% compared to prior ...
Kontoor Brands (KTB) has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the ...
“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,” ...
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 ...
The Canadian Press on MSN6d
Canadian Tire signs deal to sell Helly Hansen to Kontoor Brands for $1.3 billionCanadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several ...
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