Kontoor Brands, Inc. (KTB)
Kontoor Brands, Inc. operates in the Apparel - Manufacturers industry of the Consumer Cyclical sector, headquartered in Greensboro, NC, US. The stock last traded at $80.42, up 7.28% on the session, giving a market capitalisation of $4.45B. On trailing twelve-month figures it carries a trailing P/E of 16.12, a net margin of 8.8%. Its beta of 0.90 implies it has historically moved less than the broad market.
Kontoor Brands, Inc. is a lifestyle clothing company that specializes in the creation, production, sourcing, promotion, and sale of denim, various garments, and related accessories. Their well-known brands include Wrangler, Lee, and Rock & Republic, which are distributed both domestically in the United States and across global markets. The organization operates through two distinct divisions: Wrangler and Lee. Their merchandise reaches consumers through diverse retail channels, such as large discount retailers, specialized boutiques, mid-range and traditional department stores, their own proprietary stores, and e-commerce platforms. By early 2022 (specifically January 1st), Kontoor Brands managed a network of 80 retail outlets spanning the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Established in 2018, the company's main office is located in Greensboro, North Carolina.
Kontoor Brands, Inc. is most often compared with the following Consumer Cyclical names: