KTB

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash dividend will be payable on September 18, 2026, to shareholders of record at the close of business September 8, 2026. About Kontoor Brands Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three of the world's most iconic lifestyle, outdoor and workwear brands: Wrangler®, Lee® and Helly Ha.

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) (the “Company” or “Kontoor”), today announced that Tom Waldron has been elected to the Company's Board of Directors effective immediately. Additionally, the Company announced an increase in the size of the Board from six to seven directors. "We're excited to welcome Tom to Kontoor's Board of Directors," said Scott Baxter, President, Chief Executive Officer and Chairman of the Board of Directors. "Tom's deep expertise of the Wra.

GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced plans to release its second quarter 2026 financial results on Wednesday, August 12, 2026, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live and accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be av.

Kontoor Brands is rated a buy due to an attractive post-Lee divestiture setup, with a clearer focus on Wrangler and Helly Hansen. Lee's sale for up to $1 billion provides KTB with significant financial flexibility for debt reduction and share repurchases. Wrangler delivers stable, cash-generating growth, while Helly Hansen offers higher-margin, premium outdoor/workwear expansion opportunities.

IVR, KTB and MPTI have been added to the Zacks Rank #5 (Strong Sell) List on June 25th, 2026.

KTB, MAX and SSTI have been added to the Zacks Rank #5 (Strong Sell) List on June 11, 2026.

KTB expands its gross margin sharply in the first quarter of fiscal 2026, with Project Genius and Helly Hansen supporting stronger profitability.

KTB targets premium workwear growth through Wrangler and Helly Hansen, supported by expansion and rising global demand.

Goldman Sachs is a leading investment firm on Wall Street and worldwide.

Kontoor Brands, Inc. is divesting the Lee brand for up to $1 billion. Lee has been KTB's weakest brand and has consistently reported declining sales and earnings. The transaction values a weak brand at a good multiple. The focus shifts to Helly Hansen and Wrangler, both of which look to grow KTB's earnings well.