Kontoor Brands, Inc.
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Range $80 – $136
Price Chart
About the company
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.
- CEO
- Scott H. Baxter
- IPO
- 2019
- Employees
- 10,600
- HQ
- Greensboro, NC, US
AI snapshot
Six angles, distilled from the data.
The stock is in a constructive uptrend, holding well above its 200-day average of 71.95 and trading near the upper end of its 52-week range of 55.36 to 88.96. That keeps the multi-month regime bullish, though the move is extended enough that shareholders should watch for consolidation around prior highs.
Street sentiment leans constructive, with a Buy consensus and a median target of 96 versus the current share price. Recent calls have been mixed at the margin, but the target trend has moved higher, highlighted by Wells Fargo lifting its target to 110 and Barclays to 96.
The earnings profile has been resilient, with 6 of the last 7 quarters beating EPS estimates. Next-year EPS is modeled at 6.37 versus 4.96 TTM, so the setup favors execution on margin and demand rather than just top-line growth; the latest quarter missed by 7.0%.
Recent insider activity is mostly noise from awards and vesting, not discretionary conviction. The only clear open-market signal is one officer sale of 4,000 shares by the EVP, Global Brands President, while the rest of the activity is director awards and in-kind transactions.
Profitability is strong, led by a 48.1% gross margin and a 17.2% operating margin, with net margin at 8.3%. Growth is also solid, with revenue up 45% year over year and earnings up 116.6%, while free cash flow reached $608.8 million and FCF yield was 14.69%.
KTB screens as a profitable apparel name with better cash generation and a cleaner earnings profile than many cyclical peers. At 13.72x earnings, it trades at a modest valuation for a consumer discretionary brand with a 0.91 beta and a target range centered above the current price.
Similar companies
Peers in the same neighborhood.
- Market Cap
- $4.36B
- P/E
- 16.32
- Fwd P/E
- 14.94
- PEG
- 2.38
- P/S
- 1.42
- P/B
- 7.03
- EV/EBITDA
- 13.51
- Div Yield
- 2.67%
- Gross Margin
- 49.71%
- Op Margin
- 12.66%
- Net Margin
- 8.73%
- ROE
- 45.96%
- ROIC
- 14.25%
Latest fiscal year · YoY change
- Revenue
- $3.15B+21.0%
- Gross Profit
- $1.47B+26.8%
- Op Income
- $446.01M
- Net Income
- $227.45M-7.5%
- EPS
- $4.10-7.2%
- OCF Growth
- +59.6%
- FCF Growth
- +63.7%
- 52W High
- $88.96
- 52W Low
- $56.19
- 50D MA
- $82.24
- 200D MA
- $71.92
- Beta
- 0.90
- RSI (14)
- 44
- Avg Volume
- 815.75K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Kontoor posted a strong second quarter, raised full-year guidance, and said Helly Hansen and Wrangler are both gaining momentum while Lee’s divestiture remains on track.· August 12, 2026
- First-half revenue was $1.2 billion, up 31%, with adjusted gross margin of 52.2% and adjusted EPS of $2.12, both well ahead of prior outlook.
- Q2 adjusted EPS was $1.06, up 13% year over year, and adjusted gross margin expanded 710 basis points to 53.8%.
- Helly Hansen continued to outperform: Q2 pro forma revenue rose 6% to $114 million and the brand posted positive operating profit in its seasonally smallest quarter.
- Wrangler gained share again, with Circana showing 17 straight quarters of share gains in bottoms and first-half female revenue up 20%.
- Management raised full-year outlooks for gross margin, operating income and EPS, while keeping revenue guidance unchanged and reaffirming the Lee sale for Q4.
Kontoor reported first-half revenue of $1.2 billion, up 31% versus prior year, adjusted gross margin of 52.2% (+590 bps), and adjusted EPS of $2.12 (+36%). In Q2, adjusted gross margin was 53.8% (+710 bps) and adjusted EPS was $1.06 (+13%); SG&A was $221 million, or 37.8% of revenue. Helly Hansen Q2 pro forma revenue was $114 million, up 6%, and Helly posted positive operating profit. Full-year guidance was raised for adjusted gross margin to 49.8%–50% (vs. 48.3%–48.5% prior), adjusted operating income to $413 million–$420 million, and adjusted EPS to $5.25–$5.35; revenue guidance was unchanged at $2.66 billion–$2.71 billion. Management also expects second-half revenue of $1.46 billion–$1.51 billion, full-year cash from operations of about $450 million, and more than $900 million of capital returned in 2026 including the planned $400 million ASR tied to Lee proceeds. Net debt was $1.1 billion, cash was $58 million, inventory was $526 million (down 3%), and the revolver remained undrawn.
Scott Baxter framed the quarter as evidence that Kontoor has reached an inflection point in its transformation, driven by Wrangler momentum, Helly Hansen integration, Project Genius, and the Lee divestiture. He stressed that the company is investing behind growth while building a stronger long-term operating model, including separating Helly sport and workwear, sharpening Wrangler’s focus after Lee, and finishing Project Genius above its $100 million gross savings target. His tone was upbeat and confident, especially around the talent base, product innovation, and the idea that 2027 should benefit from the portfolio changes now being put in place.
Joe Alkire focused on the financial step-up and the mechanics behind the raised outlook. He highlighted stronger-than-expected gross margin, driven by Helly, Project Genius, and mix, and said the company now expects full-year adjusted gross margin of 49.8% to 50%, adjusted operating income of $413 million to $420 million, and adjusted EPS of $5.25 to $5.35, while absorbing about $0.55 of Lee-related stranded expenses and about $0.36 of incremental investment versus the prior plan. He also pointed to $526 million of inventory, $1.1 billion of net debt, $58 million of cash, an undrawn $500 million revolver, $75 million of year-to-date share repurchases, and expected capital returns above $900 million in 2026 including the planned ASR and debt paydown.
Analysts pressed on how much of the second-half acceleration in Wrangler and Helly is visible today and how much depends on new distribution, DTC expansion, and brand-building spend. Management said the back-half outlook is supported by committed inventory and visible distribution wins, not by assuming any meaningful improvement in retail inventory conditions; for Helly, they said growth should remain mid-single-digit in constant currency and that 2027 growth should accelerate as more of the brand’s potential becomes under Kontoor’s control. Questions also focused on Helly’s unusually strong profitability and the gap between prior Street EPS expectations and today’s 2027 framework; management responded that Helly’s Q2 positive operating profit was a meaningful milestone and that the Lee divestiture can be offset over time through an ASR, debt paydown, and underlying brand growth.
The call’s bullish case is that both major brands are outperforming and the company is using the extra gross margin to fund growth, not just harvest profits. Helly Hansen is growing ahead of plan, turning profitable earlier than expected, and still has room to expand in North America, outdoor, and workwear; Wrangler is taking share, growing female and Western, and should benefit from focused investment after Lee separates. Management also sounded confident that capital returns and stranded-cost mitigation can make Lee immaterial to EPS over time.
The main risks are that the second-half growth thesis relies on visible distribution wins and execution, while retail inventory remains cautious and volatile. Helly’s reported growth still depends partly on currency and the brand is early in its expansion, so management is asking investors to wait for more detail at Investor Day. There is also a meaningful near-term burden from Lee-related stranded costs of about $0.55 per share and from tariffs and other macro uncertainty, even though management expects to offset those over 12 to 18 months.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 98.2%
- Shares Outstanding
- 55.27M
- Float Shares
- 54.28M
of shares held by institutions
412 13F filers
Buy/sell ratio 3.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for KTB, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| David TroneHouse · MD06 | Sell | Mar 4, 20 | Filing → |
| Francis RooneyHouse · FL19 | Sell | Apr 7, 20 | Filing → |
| Pat RobertsSenate · KS | Sell | Oct 17, 19 | Filing → |
| Pat RobertsSenate · KS | Buy | Oct 1, 19 | Filing → |
| John HoevenSenate · ND | Buy | Sep 24, 19 | Filing → |
| David E. PriceHouse · NC04 | — | May 28, 19 | Filing → |
| David E. PriceHouse · NC04 | Sell | Jun 28, 19 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Blackrock, Inc. | 8.10M | ▲ 233.77K |
| Vanguard Group Inc | 6.13M | ▼ 32.91K |
| Pnc Financial Services Group, Inc. | 5.75M | ▼ 269.55K |
| Vanguard Capital Management LLC | 2.44M | ▼ 1.76K |
| Jpmorgan Chase & Co | 2.37M | ▼ 204.41K |
| State Street Corp | 2.12M | ▲ 74.23K |
| T. Rowe Price Investment Management, Inc. | 1.97M | ▲ 107.56K |
| Fmr LLC | 1.83M | ▼ 183.59K |
| Jennison Associates LLC | 1.60M | ▲ 378.25K |
| Invesco Ltd. | 1.44M | ▲ 282.27K |
| Geode Capital Management, LLC | 1.34M | ▲ 66.13K |
| Capital World Investors | 1.31M | ▲ 34.40K |
Held by 407 ETFs
Biggest fund positions in KTB by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 13, 26 | Baxter Scott H | other | 184,403 |
| Aug 13, 26 | Baxter Scott H | sell | 116,872 |
| Aug 14, 26 | Baxter Scott H | other | 56,160 |
| Aug 13, 26 | Baxter Scott H | sell | 67,531 |
| Aug 14, 26 | Baxter Scott H | other | 56,160 |
| Aug 13, 26 | Baxter Scott H | other | 184,403 |
| Aug 14, 26 | Kidd Peter A. | other | 580 |
| Aug 13, 26 | Doerr Thomas L Jr | sell | 7,660.115 |
| Jul 22, 26 | Waldron Thomas E. | other | 1,471 |
| Jul 22, 26 | Waldron Thomas E. | other | 0 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our KTB coverage
Recent articles, reports, and earnings notes.

Kontoor Brands (KTB): Margin Expansion and Buybacks Drive Upside
Kontoor Brands is sharpening its focus on Wrangler and Helly Hansen after moving to divest Lee. Strong cash flow, rising margins, and a modest valuation support a Buy call despite leverage and execution risk.

Kontoor Brands, Inc. (KTB) rises on deep earnings analysis
Kontoor Brands, Inc. (KTB) rises after an earnings beat that went beyond the headline. This deep dive weighs the EPS outperformance against the revenue miss, reviews Wrangler and Helly Hansen momentum, and examines what the latest results and 2026 outlook may mean for the stock.

Kontoor Brands, Inc. (KTB) rises on earnings beats
Kontoor Brands, Inc. (KTB) rises 5.3% after reporting earnings beats, as investors react positively to stronger-than-expected results and improved outlook.
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Kontoor Brands, Inc. (KTB) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 12
Why Kontoor Brands Stock Jumped 13% This Morning
fool.com · Aug 12
Kontoor Brands Q2 Earnings Call Highlights
marketbeat.com · Aug 12
Compared to Estimates, Kontoor (KTB) Q2 Earnings: A Look at Key Metrics
zacks.com · Aug 12
Kontoor Brands (KTB) Beats Q2 Earnings Estimates
zacks.com · Aug 12
Kontoor Brands Reports 2026 Second Quarter Results and Raises Full Year Outlook; Expects to Enter Into a $400 Million Accelerated Share Repurchase Agreement
businesswire.com · Aug 12
Joseph A. Alkire Appointed President and Chief Financial Officer to Accelerate Next Phase of Growth
businesswire.com · Aug 12
Are Consumer Discretionary Stocks Lagging Kontoor Brands (KTB) This Year?
zacks.com · Aug 11
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
AI analysis · Last refreshed August 12, 2026 · Live quote · Not investment advice