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 ...
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 ...
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 reported financial results for ...
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 ...
In a Thursday interview with CNBC’s Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company’s new ...
Kontoor Brands president, CEO and chairman Scott Baxter stated: "We are thrilled to welcome the Helly Hansen team into ...
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
Kontoor Brands, Inc. (KTB), the VF-offshoot parent of the Wrangler and Lee brands, has signed a definitive agreement to ...
Canadian Tire Corp. Ltd. says it has signed an almost $1.3-billion deal to sell Helly Hansen to a U.S. owner of several ...
Helly Hansen has always been a strange fit for CTC as a premium brand owned by a multi-banner retailer, and will slot more easily into Kontoor’s brand portfolio model. KTB believes that adding HH will ...