{
Kontoor Brands, Inc.

Companies

}

kontoor brands expands lifestyle apparel offerings under wrangler and lee brands

Kontoor Brands, Inc. is a global lifestyle apparel company that designs, manufactures, sources, sells, and licenses clothing, footwear, and accessories, primarily under the Wrangler and Lee brands. The Wrangler segment features various sub-brands and collections, while Lee offers a range of jeans, pants, shirts, shorts, and jackets for all ages. Additionally, the company includes a segment for other brands and private label clothing, distributing through U.S. wholesale, non-U.S. wholesale, and direct-to-consumer channels.
MarketScreener
Kontoor Brands, Inc. USA Show more
TradFi, Market Report
17:01 18.10.2024

kontoor brands sees institutional investment surge and price target increases

Vest Financial LLC acquired a new position in Kontoor Brands valued at approximately $842,000, with 93.06% of the stock owned by hedge funds and institutional investors. UBS Group raised its price target for Kontoor Brands from $90.00 to $103.00, indicating a potential upside of 22.62%. The company reported a quarterly EPS of $0.98, surpassing estimates, despite a 1.5% revenue decline year-over-year.
MarketBeat
Kontoor Brands, Inc. USA
TradFi, Market Report
16:48 18.10.2024
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