Kontoor Brands Inc. news and archive

Kontoor Brands raises full-year forecast again despite third-quarter profit decline

US apparel group Kontoor Brands Inc. has once again achieved a surprisingly strong increase in sales in the third quarter of the 2025 financial year, thanks to the acquisition of outdoor outfitter Helly Hansen. However, one-off charges led to a significant decline in profit. In light of the unexpectedly strong results, the company has raised its...

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After solid start to quarter, Kontoor Brands updates annual forecasts

The US apparel company Kontoor Brands Inc. kept its revenue largely stable in the first quarter of fiscal year 2025. However, negative special effects weighed on profits. In addition to the current figures, the parent company of denim brands Wrangler and Lee also presented updated annual forecasts on Tuesday. These now also take into account the...

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Kontoor Brands shares plan for 300 million US dollar share buyback program

Kontoor Brands Inc., the parent company of brands including Wrangler and Lee, has announced plans for a new share repurchasing program. Authorized by the company’s board of directors, Kontoor Brands will start a stock buyback program of up to 300 million US dollars of its common stock. The newly implemented authorization, which notably carries...