
NYSE:KTB
This summary was created by AI, based on 2 opinions in the last 12 months.
Kontoor Brands, the owner of well-known brands such as Wrangler, Lee, and Helly Hansen, has seen a remarkable increase of 66% since its IPO, primarily driven by a resurgence in denim sales, effective cost management, and strong operational execution. After experiencing a multi-year rally followed by a pullback due to external factors like Trump's tariffs, the company's outlook brightened significantly when they raised their full-year growth forecast from a modest 1-3% range to an impressive 17-19%. This unexpectedly strong performance led Goldman Sachs to upgrade their rating with a price target of $85, emphasizing the positive impact of the Helly Hansen acquisition. Additionally, the successful financial results reported by competitors like Levi Strauss provide further optimism in the denim industry. With the stock trading under 15x earnings and offering a 3% dividend yield, it is attracting attention from investors seeking value in the current market landscape.
A bullish trend is leisurewear in an age when nobody cares if you wear a suit at home Their brands include Lee Jeans. They just scored a new distribution deal, putting it into 2,000 more Walmarts (Target and Amazon are also outlets). BAC just gave them a rare double upgrade from sell to buy and raised estimates, and expects them to restore their dividend as early as Wednesday when they next report.
A bullish is trend is leisurewear in an age when nobody cares if you wear a suit at home Their brands include Lee Jeans. They just scored a new distribution deal, putting it into 2,000 more Walmarts (Target and Amazon are also outlets). BAC just gave them a rare double upgrade from sell to buy and raised estimates, and expects them to restore their dividend as early as Wednesday when they next report.
Kontoor Brands is a American stock, trading under the symbol KTB (previously KTB-N on Stockchase) on the New York Stock Exchange (KTB). It is usually referred to as NYSE:KTB or KTB
In the last year, 2 stock analysts published opinions about KTB (previously KTB-N on Stockchase). 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Kontoor Brands.
Kontoor Brands was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Kontoor Brands.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Kontoor Brands published on Stockchase.
On 2026-06-10, Kontoor Brands (KTB) stock closed at a price of $76.49.
They own Wrangler, Lee and Helly Hansen brands. Is up 66% since its IPO, helped by a comeback in denim sales in recent years, cost cuts and terrific execution. They had a multi-year rally, then a pullback earlier this year due to Trump's tariffs. Last May they raised guidance with full year growth jumping from 1-3% to 17-19%, a major surprise. Then, Goldman Sachs upgraded their call on KTB to a $85 price target citing the Helly Hansen deal as a tailwind. Also, Levi just reported a blowout quarter, giving him confidence in the demim sector. Trades under 15x and pays a 3% dividend yield.