Consumers ‘Under Attack’ Are Pulling Back, Lee Maker Says
US consumers are pulling back as they face down layoffs and impending tariffs, according to the chief executive officer of ...
Kontoor Sees Initial $50 Million Impact From Tariffs on Mexico
Kontoor foresees a $50 million impact from tariffs on Mexican imports but the denim firm said it can offset the impact over a ...
Kontoor Brands Shares Tumble 15% on Light Guidance
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 ...
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Kontoor ends fiscal 2024 with sales uptick as it prepares for first major acquisition
It ticked all the right boxes," says CEO Scott Baxter, Kontoor's chief executive, of the Helly Hansen acquisition. "We wanted ...
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New Helly Hansen Parent Kontoor Brands Gets Nice DTC Lift to Post Solid Q4
U.S. revenue was $569 million and increased 6 percent compared to the prior-year Q4 period. U.S. Wholesale revenue increased ...
Kontoor Brands (NYSE:KTB) Reports Q4 In Line With Expectations
Clothing company Kontoor Brands (NYSE:KTB) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.4% year on ...
Kontoor Brands trades lower after full-year guidance disappoints
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 ...