Kontoor Brands to Acquire Helly Hansen for $900 Million
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
Winston-Salem Journal5h
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 ...
sgbonline5h
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 ...
Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
“It ticks all the boxes for us,” Baxter said, pointing to Helly Hansen’s expertise in both outdoor and workwear, the ...
Sourcing Journal on MSN5d
Kontoor Makes Helly Hansen Its First Acquisition for $900 Million
Kontoor CEO Scott Baxter says Helly Hansen focuses on the Wrangler and Lee owner's top expansion categories in outdoor and ...
Kontoor Brands expects Q4 profit ahead of estimates; announces $900M deal to acquire Helly Hansen
Kontoor Brands (NYSE:KTB)  expects revenue of approximately $699M for the fourth quarter of 2024, up 4% compared to prior ...
Canadian Tire Selling Helly Hansen to Kontoor Brands for C$1.28 Billion
Canadian Tire has struck a deal worth $898.8 million to sell outdoor-and-workwear business Helly Hansen to Kontoor Brands as ...
Kontoor Brands expects revenue growth in 2025, but shares slip
The Wrangler and Lee parent company’s outlook doesn’t include the projected impact of the newly acquired Helly Hansen brand.
Kontoor Brands to acquire Helly Hansen for approximately $900M
Kontoor Brands (KTB) has signed a definitive agreement to acquire Helly Hansen, the global outdoor and workwear brand. Under the terms of the ...
Business Wire6d
Kontoor Brands Announces Definitive Agreement to Acquire Iconic Global Outdoor and Workwear Brand Helly Hansen
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 ...
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 ...