FINWIRES · TerminalLIVE
FINWIRES

$KTB

7 stories mentioning KTBUpdated 12d ago

Every FINWIRES story that references KTB, newest first.

What are analysts saying about KTB?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on KTB?

Sectors

Sector Update: Consumer Stocks Advance Pre-Bell Wednesday

Consumer stocks were advancing pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) fractionally higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.G-III Apparel (GIII) shares were down nearly 10% after the company reported lower fiscal Q2 net sales and issued fiscal Q3 outlook below expectations.Brown-Forman (BF.A, BF.B) stock was up more than 3% after the company posted higher fiscal Q1 earnings.Kontoor Brands (KTB) shares were 0.6% higher after the company said it is targeting more than $1.1 billion in revenue from Helly Hansen by 2030 as it pursues global expansion of the premium technical apparel brand.

$BF.A$BF.B$GIII$KTB$XLP$XLY
Wire

Kontoor Brands Could Evolve as 'Growth Stock' After Lee Sale, UBS Says

Kontoor Brands (KTB) has the potential to become a "growth stock" after selling its Lee brand, given its sales growth, margin expansion, and improving cash returns, UBS Securities said in a Thursday note.The company's management outlined a credible path to earnings of $7 per share in fiscal 2027 as it released its fiscal Q2 results, the brokerage said. Kontoor Brands reported fiscal Q2 adjusted EPS of $1.06, up from $0.94 a year earlier, as revenue rose to $584.3 million from $492.6 million.Key growth drivers include the ongoing momentum of the Helly Hansen line and Wrangler's market share expansion in core US bottoms, UBS said. Favorable mix, Helly Hansen accretion, and savings from its Project Jeanius transformation initiative are expected to back strong gross margins through H2, the brokerage added.The sale of Lee also remains on track for completion in Q4, with proceeds to fund a $400 million accelerated share buyback that should support EPS growth into fiscal 2027, UBS noted.UBS raised its price target on Kontoor Brands to $136 from $131, with a buy rating.Price: $84.08, Change: $+2.48, Percent Change: +3.04%

$KTB
Wire

Update: Kontoor Brands Shares Rise After Q2 Earnings Beat Estimates, 2026 Earnings Outlook Raised

(Updates with stock price movement in the headline and first paragraph.)Kontoor Brands (KTB) shares were up more than 8% in Wednesday trading after the company reported better-than-expected Q2 adjusted earnings and raised its full-year adjusted earnings per share outlook.The company reported fiscal Q2 adjusted earnings of $1.06 per diluted share, up from $0.94 a year earlier.Analysts polled by FactSet expected $1.05.Net revenue for the quarter ended July 4 was $584.3 million, up from $492.6 million a year earlier.Analysts expected $587.0 million.The company said it now expects full-year 2026 adjusted EPS from continuing operations of $5.25 to $5.35, up from a prior outlook of $5.15 to $5.25. Analysts expect $5.22.The company said it continues to expect full-year revenue of $2.66 billion to $2.71 billion. Analysts expect $2.7 billion.Kontoor also said that Joseph Alkire has been appointed president and chief financial officer, effective immediately.Additionally, the company said it continues to expect the Lee divestment to close in Q4, and plans to use $400 million of the expected proceeds for an accelerated share repurchase agreement, with the remaining proceeds to be used for voluntary debt payments.Price: $81.38, Change: $+6.47, Percent Change: +8.64%

$KTB
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%

$KTB
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%

$KTB
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

$KTB
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.

$KTB

Track with the FINWIRES app suite

FolioX
FolioX
Track KTB in your portfolio
WheelAI
WheelAI
Analyze KTB options with the wheel strategy
StockInsider
StockInsider
See market sentiment on KTB