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Kontoor Brands is an American clothing company. [4] [5] It was a spin off from the VF Corporation in May 2019, [6] [7] [8] and markets denim clothing under the Lee , Wrangler and Rock & Republic brand names.
Kontoor Brands Inc. became a separate company with the stock symbol KTB in May 2019. Kontoor includes Lee , Wrangler , Rock & Republic and VF Outlets. The company had 17,000 employees, [26] 600 at the headquarters, [27] at 400 North Elm Street in Greensboro, and merchandising, design, product development and innovation at Revolution Mill. [28]
Kontoor (KTB) delivered earnings and revenue surprises of 0.00% and -0.27%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Kontoor Brands. (2019–present) Website. wrangler .com. Wrangler is an American manufacturer of jeans and other clothing items, particularly workwear. The brand is owned by Kontoor Brands Inc., which also owns Lee. Its headquarters is in downtown Greensboro, North Carolina, in the United States, with production plants located throughout the world.
In light of its progress, Kontoor also revised its guidance for 2021, saying it expects adjusted earnings per share to fall between $3.70 and $3.80 and also projects a higher gross margin.
It ended 2023 up a remarkable 246 percent from the start of the year and generated about $27 billion in revenue during its fiscal 2023. To give you an idea of the potential growth of holding a ...
Lee is an American brand of denim jeans, first produced in 1889 in Salina, Kansas. The company is owned by Kontoor Brands, a spin-off of VF Corporation 's Jeanswear Division. [1] Since 2019 its headquarters has been in Greensboro, North Carolina, [2] relocated from Merriam, Kansas. [3] The company states that it is an international retailer and ...
The two years since Kontoor Brands broke off from VF Corp. have marked an era of expansion for its denim brands and online platforms. The company has pushed to connect Wrangler and Lee to younger ...