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 ...
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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 ...
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 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 ...
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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 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: Q4 Earnings Snapshot
(KTB) on Tuesday reported profit of $64 million in its fourth quarter. The Greensboro, North Carolina-based company said it had ...
Kontoor Brands: Helly Hansen, A Massive Purchase
Kontoor Brands acquires Helly Hansen for $900M to expand into outdoor/workwear. Improved profitability, but valuation ...
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 ...