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BusinessMember

Kontoor Brands' Helly Hansen acquisition to boost EPS, long-term growth

Kontoor Brands, affirming its strong preliminary fourth-quarter results with 699 million dollars in revenue, a 4 percent increase, has presented an optimistic outlook for the year ahead, excluding the potential benefits of the Helly Hansen acquisition. Kontoor Brands acquired the outerwear brand for 900 million dollars from Canadian Tier...

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BusinessFeaturedMember

Kontoor Brands raises outlook after "better-than-expected" Q3

Kontoor Brands, with a portfolio led by Wrangler and Lee, reported third quarter revenue of 670 million dollars, an increase of 2 percent driven by growth in global direct-to-consumer and US wholesale, partially offset by a decline in international wholesale revenue. Earnings per share were 1.26 dollars on a reported basis. On an adjusted basis,...

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