kontoor brands - Search News

Why Kontoor Brands (KTB) Shares Are Sliding Today

Shares of clothing company Kontoor Brands (NYSE:KTB) fell 15.2% in the morning session after the company reported dissapointing fourth-quarter earnings as full-year revenue and EPS guidance were missed.

YAHOO!Finance · 10h

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 year to $699.3 million. On the other hand, the company’s full-year revenue guidance of $2.

MarketWatch · 5h

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 billion.

Seeking Alpha on MSN · 10h

Kontoor Brands trades lower after full-year guidance disappoints

Kontoor Brands (NYSE:KTB) topped expectations with its Q4 earnings report, but set full-year guidance below expectations. Total revenue was up 4% to $699 million. The increase was driven by 9% growth in global direct-to-consumer and 4% growth in wholesale.

Kontoor Brands price target lowered to $83 from $93 at Stifel

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 ...

Winston-Salem Journal8h

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 ...

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 ...

10h

Kontoor Brands reports Q4 adjusted EPS $1.38, consensus $1.35

Reports Q4 revenue $699M, consensus $698.07M. “2024 was a landmark year for Kontoor driven by continued market share gains, accelerating ...

sgbonline8h

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 ...

6don MSN

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 ...

12h

Kontoor: Q4 Earnings Snapshot

Kontoor expects full-year earnings in the range of $5.20 to $5.30 per share, with revenue in the range of $2.63 billion to $2.69 billion. This story was generated by Automated Insights ( ...

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: Helly Hansen, A Massive Purchase

Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results

Related topics