Kontoor Brands (NYSE:KTB) Releases FY 2026 Earnings Guidance

Kontoor Brands (NYSE:KTB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 6.600-6.700 for the period, compared to the consensus EPS estimate of 6.490. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KTB. The Goldman Sachs Group lifted their target price on shares of Kontoor Brands from $84.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Wells Fargo & Company raised their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Zacks Research upgraded shares of Kontoor Brands from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. UBS Group increased their target price on shares of Kontoor Brands from $118.00 to $131.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Kontoor Brands in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Kontoor Brands currently has a consensus rating of “Moderate Buy” and an average target price of $91.00.

Kontoor Brands Stock Performance

Shares of KTB traded down $4.60 on Friday, reaching $73.47. 1,224,515 shares of the stock traded hands, compared to its average volume of 810,016. The stock’s 50-day moving average price is $71.26 and its 200-day moving average price is $69.29. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.82 and a quick ratio of 0.87. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 18.14 and a beta of 0.91. Kontoor Brands has a 12 month low of $53.55 and a 12 month high of $87.00.

Kontoor Brands (NYSE:KTB) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.38. Kontoor Brands had a net margin of 7.22% and a return on equity of 62.02%. The firm had revenue of $613.32 million during the quarter, compared to analyst estimates of $784.76 million. During the same quarter in the prior year, the business posted $1.20 earnings per share. The company’s quarterly revenue was up 45.0% compared to the same quarter last year. Kontoor Brands has set its FY 2026 guidance at 6.600-6.700 EPS. Equities analysts forecast that Kontoor Brands will post 6.46 EPS for the current fiscal year.

Kontoor Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $2.12 annualized dividend and a dividend yield of 2.9%. Kontoor Brands’s dividend payout ratio (DPR) is presently 42.91%.

Trending Headlines about Kontoor Brands

Here are the key news stories impacting Kontoor Brands this week:

• Positive Sentiment: Kontoor reported stronger-than-expected Q1 adjusted earnings and raised its full-year outlook, signaling improving profitability and confidence in the business. Business Wire article
• Positive Sentiment: The company said revenue rose 45% year over year, helped by strong Helly Hansen performance and Wrangler market-share gains, which suggests core brand momentum. Business Wire article
• Positive Sentiment: Management announced a planned divestiture of the Lee brand and a $750 million share repurchase program, moves that could streamline the portfolio and support shareholder returns. Business Wire article
• Neutral Sentiment: Some early coverage emphasized that quarterly revenue missed Wall Street estimates even though earnings beat expectations, which may be limiting enthusiasm. Zacks article

Institutional Investors Weigh In On Kontoor Brands

A number of institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of Kontoor Brands by 15.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,019,204 shares of the company’s stock valued at $184,443,000 after acquiring an additional 413,005 shares during the last quarter. Morgan Stanley boosted its stake in Kontoor Brands by 8.8% during the 4th quarter. Morgan Stanley now owns 1,283,592 shares of the company’s stock worth $78,415,000 after acquiring an additional 104,296 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Kontoor Brands by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,261,859 shares of the company’s stock valued at $77,088,000 after purchasing an additional 15,213 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in Kontoor Brands by 23.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,136,443 shares of the company’s stock valued at $69,426,000 after purchasing an additional 215,621 shares in the last quarter. Finally, Man Group plc raised its holdings in Kontoor Brands by 23.7% in the second quarter. Man Group plc now owns 765,512 shares of the company’s stock worth $50,501,000 after purchasing an additional 146,858 shares during the period. Institutional investors own 93.06% of the company’s stock.

Kontoor Brands Company Profile

Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.

Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.