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4 stories mentioning KTBUpdated 3d ago

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Wire

Kontoor's Core Brands Show Healthy Momentum Ahead of Q2, UBS Says

Kontoor Brands (KTB) is likely to post solid second-quarter results on healthy demand across its core brands, UBS said in a note Monday.Wrangler held a 20% share among top-selling men's jeans on Amazon, while online traffic grew 25% at Wrangler and 37% at Helly Hansen in the quarter, with both improving sequentially from Q1, the note said.Google search interest in Helly Hansen also jumped 190% year-over-year as of mid-June, the bank noted.UBS still sees limited stock upside around the print, as the market already expects a similar beat-and-raise outcome, and sentiment remains mixed given short interest and lingering skepticism on Helly Hansen growth and Lee divestiture costs.UBS rates the stock buy with a $131 price target.Price: $87.03, Change: $+1.25, Percent Change: +1.46%

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Wire

Kontoor Brands' Helly Hansen Seen Driving Growth Transition, UBS Says

Kontoor Brands' (KTB) two core brands have significant long-term potential across categories, channels and geographies, and the company could transition from a cash flow stock to a growth stock after the planned sale of its Lee business, UBS Securities said.The investment firm said in a note Monday it remains bullish on Helly Hansen's outlook following a US-focused analysis and believes the brand could lift Kontoor's long-term sales growth to the mid-single-digit percentage range from low-single-digit.UBS pointed to a runway for Helly Hansen to expand gradually across key wholesale accounts including Dick's Sporting Goods, REI, and Scheels following an initial test at House of Sport, alongside accelerating direct-to-consumer growth from higher marketing investment and an improved product pipeline.The brokerage forecasts Helly Hansen's revenue will reach more than $1 billion by fiscal 2030, driven in part by its US business more than doubling to about $330 million from roughly $150 million in fiscal 2025.UBS maintained its buy rating, with a price target of $131.Price: $83.90, Change: $+1.91, Percent Change: +2.33%

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Insider Trading

Kontoor Brands Insider Sold Shares Worth $324,080, According to a Recent SEC Filing

Jennifer H. Broyles, Executive Vice President, Global Brands President, on June 12, 2026, sold 4,000 shares in Kontoor Brands (KTB) for $324,080. Following the Form 4 filing with the SEC, Broyles has control over a total of 46,912 common shares of the company, with 40,261 shares held directly and 6,651 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1760965/000089706926001397/xslF345X05/form4.xml

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Research

JPMorgan Initiates Kontoor Brands at Overweight With $90 Price Target

Kontoor Brands (KTB) has an average rating of overweight and mean price target of $92.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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