Kontoor Brands (NYSE:KTB – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.250-5.350 for the period, compared to the consensus EPS estimate of 5.220. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.
Kontoor Brands Trading Up 3.2%
Shares of NYSE:KTB opened at $84.17 on Friday. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 17.57 and a beta of 0.88. The company has a quick ratio of 1.10, a current ratio of 1.87 and a debt-to-equity ratio of 1.83. The business has a 50-day moving average price of $81.78 and a 200-day moving average price of $73.58. Kontoor Brands has a 52-week low of $56.19 and a 52-week high of $88.96.
Kontoor Brands (NYSE:KTB – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. Kontoor Brands had a return on equity of 60.94% and a net margin of 8.21%.The company had revenue of $584.29 million for the quarter, compared to the consensus estimate of $586.95 million. During the same quarter in the previous year, the business earned $1.33 earnings per share. The company’s revenue for the quarter was down 11.2% on a year-over-year basis. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. Equities analysts predict that Kontoor Brands will post 5.3 EPS for the current year.
Kontoor Brands Dividend Announcement
Analyst Ratings Changes
Several brokerages have weighed in on KTB. Wall Street Zen downgraded Kontoor Brands from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Wells Fargo & Company raised their price objective on Kontoor Brands from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday. Barclays increased their target price on Kontoor Brands from $96.00 to $99.00 and gave the stock an “overweight” rating in a report on Thursday. UBS Group boosted their target price on Kontoor Brands from $131.00 to $136.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Weiss Ratings lowered shares of Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.50.
Check Out Our Latest Stock Analysis on Kontoor Brands
Insider Buying and Selling at Kontoor Brands
In other Kontoor Brands news, EVP Jennifer H. Broyles sold 4,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $81.02, for a total transaction of $324,080.00. Following the completion of the transaction, the executive vice president owned 40,261 shares in the company, valued at $3,261,946.22. This trade represents a 9.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.80% of the company’s stock.
Key Stories Impacting Kontoor Brands
Here are the key news stories impacting Kontoor Brands this week:
- Positive Sentiment: UBS sees substantial upside: UBS highlighted Kontoor’s strong performance and projected nearly 70% potential upside, citing momentum at the Wrangler brand and expectations for continued operational improvement. CNBC UBS analyst outlook
- Positive Sentiment: Full-year outlook raised: Kontoor increased fiscal 2026 adjusted EPS guidance to $5.25-$5.35, above the approximately $5.22 analyst consensus. Revenue guidance remained around $2.7 billion. Kontoor Brands second-quarter results
- Positive Sentiment: Share repurchase supports per-share value: The planned $400 million accelerated share repurchase could reduce the share count and boost EPS, while signaling management’s confidence in the company’s cash generation and valuation. Kontoor Brands share repurchase announcement
- Positive Sentiment: Quarterly earnings beat expectations: Kontoor reported approximately $1.06 in EPS versus the $1.05 consensus. Management cited Wrangler growth, a stronger-than-expected Helly Hansen contribution, and significant gross-margin expansion. Kontoor Brands raises profit guidance
- Neutral Sentiment: Leadership expanded: Joseph Alkire was appointed president in addition to chief financial officer, with broader oversight of Wrangler, Helly Hansen, and global operations. The move is intended to accelerate growth but adds an execution responsibility for the company. Joseph Alkire appointment
- Negative Sentiment: Revenue remains under pressure: Quarterly revenue of $584.3 million was slightly below expectations and declined 11.2% year over year, while EPS was below the prior-year period. This limits the upside from the earnings beat and keeps demand trends a key risk.
Institutional Investors Weigh In On Kontoor Brands
A number of institutional investors have recently made changes to their positions in KTB. Transamerica Financial Advisors LLC grew its holdings in Kontoor Brands by 335.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 405 shares of the company’s stock valued at $25,000 after purchasing an additional 312 shares during the period. iSAM Funds UK Ltd bought a new stake in shares of Kontoor Brands in the third quarter valued at about $44,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Kontoor Brands during the third quarter valued at about $68,000. Johnson Financial Group Inc. purchased a new position in shares of Kontoor Brands in the 3rd quarter valued at approximately $84,000. Finally, Parkside Financial Bank & Trust raised its position in Kontoor Brands by 12.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,436 shares of the company’s stock worth $88,000 after buying an additional 157 shares during the last quarter. Hedge funds and other 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.
Recommended Stories
- Five stocks we like better than Kontoor Brands
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for Kontoor Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kontoor Brands and related companies with MarketBeat.com's FREE daily email newsletter.
