Kontoor Brands (NYSE:KTB – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided 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.
Analyst Ratings Changes
A number of brokerages have issued reports on KTB. Wall Street Zen downgraded Kontoor Brands from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. boosted their price objective on shares of Kontoor Brands from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. BTIG Research reaffirmed a “buy” rating and set a $100.00 price target on shares of Kontoor Brands in a research note on Friday, May 1st. Weiss Ratings lowered Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Finally, Zacks Research raised Kontoor Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.70.
Check Out Our Latest Stock Report on Kontoor Brands
Kontoor Brands Stock Performance
Kontoor Brands (NYSE:KTB – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.05 by $0.01. Kontoor Brands had a return on equity of 60.17% and a net margin of 8.30%.The firm had revenue of $584.29 million during the quarter, compared to analyst estimates of $586.95 million. During the same period in the previous year, the company posted $1.33 EPS. The business’s revenue for the quarter was down 11.2% compared to the same quarter last year. Kontoor Brands has set its FY 2026 guidance at 5.250-5.350 EPS. On average, sell-side analysts anticipate that Kontoor Brands will post 5.22 EPS for the current fiscal year.
Kontoor Brands Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 8th. Kontoor Brands’s payout ratio is 42.91%.
Insider Buying and Selling
In other Kontoor Brands news, EVP Jennifer H. Broyles sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $81.02, for a total value of $324,080.00. Following the completion of the sale, the executive vice president directly 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by insiders.
Key Kontoor Brands News
Here are the key news stories impacting Kontoor Brands this week:
- Positive Sentiment: Kontoor raised its fiscal 2026 adjusted EPS outlook to $5.25–$5.35, above the prior consensus estimate of $5.22. Revenue guidance remained approximately $2.7 billion. Kontoor Brands lifts profit guidance after solid quarters for Wrangler and Helly Hansen
- Positive Sentiment: Management cited continued growth at Wrangler, a stronger-than-expected contribution from Helly Hansen, robust direct-to-consumer and women’s-category performance, and significant gross-margin expansion. Kontoor Brands Reports 2026 Second Quarter Results and Raises Full Year Outlook
- Positive Sentiment: The company expects to enter into a $400 million accelerated share repurchase agreement. Reducing shares outstanding could support per-share earnings and signals management’s confidence in cash generation and valuation. Kontoor Brands share repurchase announcement
- Positive Sentiment: Second-quarter EPS modestly exceeded expectations. The company reported $1.06 per share versus a $1.05 consensus estimate; some coverage cited $1.50 on an adjusted basis, highlighting differences in earnings measures. Kontoor Brands earnings report
- Neutral Sentiment: Joseph Alkire was appointed president in addition to chief financial officer, expanding his oversight of Wrangler, Helly Hansen and global operations. The move may improve execution but adds no immediate financial benefit. Joseph Alkire appointment
- Negative Sentiment: Revenue of $584.3 million was slightly below the $587.0 million estimate and fell 11.2% year over year. EPS also declined from $1.33 in the comparable period, underscoring ongoing top-line pressure despite margin gains. Kontoor Q2 earnings metrics
Institutional Trading of Kontoor Brands
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada increased its position in Kontoor Brands by 29.1% during the 1st quarter. Royal Bank of Canada now owns 105,895 shares of the company’s stock valued at $6,793,000 after buying an additional 23,880 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Kontoor Brands by 49.3% in the first quarter. AQR Capital Management LLC now owns 14,641 shares of the company’s stock worth $939,000 after acquiring an additional 4,836 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Kontoor Brands by 250.8% in the first quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company’s stock worth $602,000 after acquiring an additional 6,712 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kontoor Brands by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company’s stock worth $2,102,000 after acquiring an additional 1,432 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Kontoor Brands by 222.5% during the first quarter. Millennium Management LLC now owns 156,332 shares of the company’s stock worth $10,026,000 after acquiring an additional 107,855 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.
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