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Kontoor Brands Q3 Adjusted Earnings Per Share $0.95
Kontoor Brands Announces Forest Derived Materials Policy To Minimize Impacts On Endangered Forests
Kontoor Brands Q2 GAAP Earnings Per Share $0.67
Kontoor Brands, Inc. is a global apparel company. The Company is focused on the design, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler, Lee and and Rock & Republic. It sells its products primarily through its wholesale and digital channels. Its distribution channels include United States (U.S.) Wholesale, Non-U.S. Wholesale, Branded Direct-to-Consumer and Others. Wrangler offers denim, apparel, and accessories for men and women. Lee is a denim and apparel brand. Lee product collections include a range of jeans, pants, shirts, shorts, and jackets for men, women, boys and girls. Rock & Republic is a premium apparel brand. Rock & Republic products are sold in the United States exclusively through Kohl’s. It also owns and operates other various brands worldwide, which include Gitano and Chic.
400 N Elm St
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Kontoor Brands Inc <KTB.N> beat expectations for quarterly profit on Thursday as the denim apparel maker's efforts to cut costs post its spinoff from VF Corp <VFC.N> paid off, sending shares up over 13%.
Kontoor Brands Inc, the recently spunoff jeans unit of VF Corp, reported an 8.2% fall in quarterly revenue on Thursday, as the company took a hit from the bankruptcy of a major customer last year and a stronger dollar.
VF Corp <VFC.N> raised its full-year profit forecast on Wednesday after reporting better-than-expected quarterly revenue and earnings, powered by demand for the apparel maker's Vans and North Face brands.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.