Articles from Kontoor Brands, Inc.
Kontoor Brands Reports 2024 Third Quarter Results; Raises Full Year Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its third quarter ended September 28, 2024.
By Kontoor Brands, Inc. · Via Business Wire · October 31, 2024
Kontoor Brands Declares Quarterly Dividend of $0.52 Per Share, a 4 Percent Increase
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.52 per share of its common stock, an increase of $0.02 or 4 percent. The cash dividend will be payable on December 19, 2024, to shareholders of record at the close of business on December 9, 2024.
By Kontoor Brands, Inc. · Via Business Wire · October 25, 2024
Kontoor Brands Announces Third Quarter 2024 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · October 10, 2024
Kontoor Brands Reports 2024 Second Quarter Results; Raises Full Year Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its second quarter ended June 29, 2024.
By Kontoor Brands, Inc. · Via Business Wire · August 1, 2024
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on September 20, 2024, to shareholders of record at the close of business on September 10, 2024.
By Kontoor Brands, Inc. · Via Business Wire · July 26, 2024
Kontoor Brands Announces Second Quarter 2024 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its second quarter 2024 financial results on Thursday, August 1, 2024, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · July 11, 2024
Kontoor Brands Reports 2024 First Quarter Results; Raises Full Year Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended March 30, 2024.
By Kontoor Brands, Inc. · Via Business Wire · May 2, 2024
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.
By Kontoor Brands, Inc. · Via Business Wire · April 19, 2024
Kontoor Brands Announces First Quarter 2024 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2024 financial results on Thursday, May 2, 2024, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · April 11, 2024
Kontoor Brands Announces Tom Waldron as Chief Operating Officer
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Tom Waldron as Chief Operating Officer, effective March 19, 2024.
By Kontoor Brands, Inc. · Via Business Wire · March 19, 2024
Kontoor Brands Board of Directors Elects Mary Campbell as New Director
Kontoor Brands, Inc. (NYSEKTB) (the “Company” or “Kontoor”), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that Mary Campbell has been elected to the Company’s board of directors effective immediately. Additionally, the Company announced an increase in the size of the Board from seven to eight directors.
By Kontoor Brands, Inc. · Via Business Wire · February 28, 2024
Kontoor Brands Reports 2023 Fourth Quarter and Full Year Results; Provides 2024 Outlook and Announces Project Jeanius Global Transformation
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its fourth quarter and full year ended December 30, 2023.
By Kontoor Brands, Inc. · Via Business Wire · February 28, 2024
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on March 18, 2024, to shareholders of record at the close of business on March 8, 2024.
By Kontoor Brands, Inc. · Via Business Wire · February 16, 2024
Kontoor Brands Appoints Michael Karapetian as Vice President of Corporate Development, Strategy, and Investor Relations
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the promotion of Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations.
By Kontoor Brands, Inc. · Via Business Wire · February 7, 2024
Kontoor Brands Announces Fourth Quarter 2023 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its fourth quarter 2023 financial results on Wednesday, February 28, 2024, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · February 7, 2024
Kontoor Brands Announces $300 Million Share Repurchase Program
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported that the Company’s Board of Directors has authorized a share repurchase program of up to $300 million of the Company’s common stock. The new repurchase authorization replaces the existing share repurchase program announced on August 5, 2021.
By Kontoor Brands, Inc. · Via Business Wire · December 11, 2023
Kontoor Brands Foundation Awards its 2023 Grants to Seven Leading Non-Profits Advancing Food and Housing Security in Greensboro, North Carolina
Kontoor Brands Foundation, the private grantmaking organization funded by Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, proudly announces grants to seven leading nonprofit organizations based in Greensboro, NC. The 2023 recipients were chosen for their innovative efforts addressing food and housing security for high-need community members.
By Kontoor Brands, Inc. · Via Business Wire · November 16, 2023
Kontoor Brands Reports 2023 Third Quarter Results; Updates 2023 Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its third quarter ended September 30, 2023.
By Kontoor Brands, Inc. · Via Business Wire · November 2, 2023
Kontoor Brands Declares Quarterly Dividend of $0.50 Per Share, a 4 Percent Increase
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock, an increase of $0.02 or 4 percent. The cash dividend will be payable on December 18, 2023, to shareholders of record at the close of business on December 8, 2023.
By Kontoor Brands, Inc. · Via Business Wire · October 27, 2023
Kontoor Brands Announces Third Quarter 2023 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its third quarter 2023 financial results on Thursday, November 2, 2023, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · October 12, 2023
Kontoor Brands Surpasses 10 Billion Liter Water Savings Goal Two Years Ahead of Schedule, Thanks to Indigood® Program
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee,® today announced that it has surpassed its 2025 water savings goal of saving over 10 billion liters of freshwater since 2008.
By Kontoor Brands, Inc. · Via Business Wire · October 4, 2023
Kontoor Brands Announces Retirement of Chief Financial Officer Rustin Welton and Appoints Joe Alkire as Successor
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that Rustin Welton, Executive Vice President and Chief Financial Officer, has decided to retire from Kontoor after four years of service with the Company.
By Kontoor Brands, Inc. · Via Business Wire · August 21, 2023
Kontoor Brands Reports 2023 Second Quarter Results; Reaffirms 2023 Outlook Excluding Restructuring Charges Associated With Strategic Actions
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its second quarter ended July 1, 2023.
By Kontoor Brands, Inc. · Via Business Wire · August 3, 2023
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.48 per share of its common stock. The cash dividend will be payable on September 18, 2023, to shareholders of record at the close of business on September 8, 2023.
By Kontoor Brands, Inc. · Via Business Wire · July 21, 2023
Kontoor Brands Appoints Pete Kidd as Executive Vice President and Chief Human Resources Officer
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Pete Kidd as Executive Vice President and Chief Human Resources Officer, effective July 20, 2023.
By Kontoor Brands, Inc. · Via Business Wire · July 20, 2023
Kontoor Brands Announces Second Quarter 2023 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its second quarter 2023 financial results on Thursday, August 3, 2023, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · July 13, 2023
Kontoor Brands Reports 2023 First Quarter Results; Reaffirms 2023 Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended April 1, 2023.
By Kontoor Brands, Inc. · Via Business Wire · May 4, 2023
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.48 per share of its common stock. The cash dividend will be payable on June 20, 2023, to shareholders of record at the close of business on June 9, 2023.
By Kontoor Brands, Inc. · Via Business Wire · April 21, 2023
Kontoor Brands Announces First Quarter 2023 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2023 financial results on Thursday, May 4, 2023, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · April 13, 2023
Kontoor Brands, Designing for a Better Tomorrow
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the launch of its Global Design Standards, a system created to lower the environmental and social impacts of Wrangler and Lee apparel. With a focus on developing products with Preferred Materials, Low-Impact Fabric and Low-Impact Finishing, Kontoor aims to tackle the largest value chain factors to improve greenhouse gas emissions, water, and chemical use as well as worker well-being.
By Kontoor Brands, Inc. · Via Business Wire · April 5, 2023
Kontoor Brands Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 Outlook
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its fourth quarter and full year ended December 31, 2022.
By Kontoor Brands, Inc. · Via Business Wire · February 28, 2023
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.48 per share of its common stock. The cash dividend will be payable on March 20, 2023, to shareholders of record at the close of business on March 10, 2023.
By Kontoor Brands, Inc. · Via Business Wire · February 22, 2023
Kontoor Brands Announces Fourth Quarter 2022 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its fourth quarter 2022 financial results on Tuesday, February 28, 2023, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · February 7, 2023
Kontoor Brands Reports Third Quarter 2022 Results; Updates Outlook for Full Year 2022
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its third quarter ended October 1, 2022.
By Kontoor Brands, Inc. · Via Business Wire · November 3, 2022
Kontoor Brands Declares Quarterly Dividend of $0.48 Per Share, a 4 Percent Increase
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.48 per share of its common stock, an increase of $0.02 or 4 percent. The cash dividend will be payable on December 19, 2022, to shareholders of record at the close of business on December 9, 2022.
By Kontoor Brands, Inc. · Via Business Wire · October 24, 2022
Kontoor Brands Announces Third Quarter 2022 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its third quarter 2022 financial results on Thursday, November 3, 2022, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · October 13, 2022
Kontoor Brands Appoints Ezio Garciamendez as Senior Vice President, Chief Supply Chain Officer
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Ezio Garciamendez as Senior Vice President, Chief Supply Chain Officer, effective November 1, 2022.
By Kontoor Brands, Inc. · Via Business Wire · October 3, 2022
Kontoor Brands Reports Second Quarter 2022 Results; Updates Outlook for Full Year 2022
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its second quarter ended July 2, 2022.
By Kontoor Brands, Inc. · Via Business Wire · August 4, 2022
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.46 per share of its common stock. The cash dividend will be payable on September 19, 2022, to shareholders of record at the close of business on September 9, 2022.
By Kontoor Brands, Inc. · Via Business Wire · July 20, 2022
Kontoor Brands Announces Second Quarter 2022 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its second quarter 2022 financial results on Thursday, August 4, 2022, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · July 14, 2022
Andrew E. Page, EVP and Chief Financial Officer of Foot Locker, Inc., Elected to Kontoor Brands Board of Directors
The Board of Directors of Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, has named Andrew E. Page, Executive Vice President and Chief Financial Officer of Foot Locker, Inc., as a director, effective immediately.
By Kontoor Brands, Inc. · Via Business Wire · June 9, 2022
Kontoor Brands Appoints Mame Annan-Brown as Global Head of ESG
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Mame Annan-Brown to serve as Global Head of Environmental, Social and Governance (ESG), effective immediately.
By Kontoor Brands, Inc. · Via Business Wire · May 9, 2022
Kontoor Brands Reports First Quarter 2022 Results; Raises Outlook for Full Year 2022
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended April 2, 2022.
By Kontoor Brands, Inc. · Via Business Wire · May 5, 2022
Kontoor Brands Appoints Tom Doerr as Executive Vice President, General Counsel & Corporate Secretary
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Tom Doerr as Executive Vice President, General Counsel & Corporate Secretary, effective June 6, 2022.
By Kontoor Brands, Inc. · Via Business Wire · April 29, 2022
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.46 per share of its common stock. The cash dividend will be payable on June 20, 2022, to shareholders of record at the close of business on June 10, 2022.
By Kontoor Brands, Inc. · Via Business Wire · April 20, 2022
Kontoor Brands Announces First Quarter 2022 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2022 financial results on Thursday, May 5, 2022, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · April 14, 2022
Chris Waldeck and Tom Waldron Appointed Co-Chief Operating Officers of Kontoor Brands
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the following executive leadership appointments:
By Kontoor Brands, Inc. · Via Business Wire · March 17, 2022
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.46 per share of its common stock. The cash dividend will be payable on March 18, 2022, to shareholders of record at the close of business on March 8, 2022.
By Kontoor Brands, Inc. · Via Business Wire · February 23, 2022
Kontoor Brands Announces Fourth Quarter 2021 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its fourth quarter 2021 financial results on Tuesday, March 1, 2022, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · February 8, 2022
Ashley Goldsmith, EVP & Chief People Officer of Workday, Inc., Elected to Kontoor Brands Board of Directors
The Board of Directors of Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, has named Ashley Goldsmith, Executive Vice President and Chief People Officer of Workday, Inc., as a director, effective immediately.
By Kontoor Brands, Inc. · Via Business Wire · February 7, 2022
Kontoor Brands Releases 2020 Sustainability Report Showing Strong Progress in Achieving Company Goals
Building on its previous commitments and stated goals, Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today released its 2020 Sustainability Report, the second report in the company’s two years as a publicly traded organization. In accordance with the standards of the Global Reporting Initiative (GRI) and Sustainable Accounting Standard Board (SASB), the report details Kontoor’s progress in advancing its sustainability agenda focusing on People, Product and Planet – operating with the highest standards of ethics and transparency, seeking to source products and materials that are sustainable and from partners that share its values.
By Kontoor Brands, Inc. · Via Business Wire · December 15, 2021
Kontoor Brands Announces Departure of Juliana Chugg From Board of Directors
The Board of Directors of Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that now that Kontoor has successfully delivered against its Horizon 1 growth strategy, Juliana Chugg will depart the Kontoor Brands Board of Directors, effective November 30, in order to focus on other business obligations.
By Kontoor Brands, Inc. · Via Business Wire · November 23, 2021
Kontoor Brands Announces Closing of Senior Notes Offering
Kontoor Brands, Inc. (“Kontoor”) today announced that it has successfully completed its offering of $400.0 million aggregate principal amount of 4.125% Senior Notes due 2029 (the “Notes”). Kontoor intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of the following outstanding debt in connection with the amendment and extension of Kontoor’s Credit Agreement, dated as of May 17, 2019, including the senior secured credit facilities thereunder, and to pay related fees, costs, premiums and expenses in connection therewith (including accrued and unpaid interest with respect to such amounts): (i) $265.0 million aggregate principal amount outstanding under Kontoor’s existing term loan A facility (resulting in $400.0 million in aggregate borrowings remaining outstanding under such facility) and (ii) $133.0 million aggregate principal amount outstanding under Kontoor’s existing term loan B facility (resulting in the repayment in full of borrowings under such facility).
By Kontoor Brands, Inc. · Via Business Wire · November 18, 2021
Kontoor Brands Announces Pricing of Senior Notes Offering
Kontoor Brands, Inc. (“Kontoor”) today announced that it has finalized the terms of its offering of $400.0 million aggregate principal amount of 4.125% Senior Unsecured Notes due 2029 (the “Notes”). Kontoor anticipates that consummation of the offering will occur on November 18, 2021, subject to customary closing conditions and intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of the following outstanding debt in connection with the amendment and extension of Kontoor’s Credit Agreement, dated as of May 17, 2019, including the senior secured credit facilities thereunder, and to pay related fees, costs, premiums and expenses in connection therewith (including accrued and unpaid interest with respect to such amounts): (i) $265.0 million aggregate principal amount outstanding under Kontoor’s existing term loan A facility (resulting in $400.0 million in aggregate borrowings remaining outstanding under such facility) and (ii) $133.0 million aggregate principal amount outstanding under Kontoor’s existing term loan B facility (resulting in the repayment in full of borrowings under such facility).
By Kontoor Brands, Inc. · Via Business Wire · November 10, 2021
Kontoor Brands Announces Launch of Senior Notes Offering
Kontoor Brands, Inc. today announced that it intends to offer $400.0 million aggregate principal amount of Senior Notes due 2029 (the “Notes”). Kontoor intends to use the proceeds from the offering, together with cash on hand, to fund the repayment of its Term Loan B ($133.0 million aggregate principal amount outstanding, resulting in the repayment in full of borrowings under such facility), partial repayment of its Term Loan A ($265.0 million aggregate principal amount outstanding, resulting in $400.0 million in aggregate borrowings remaining outstanding under such facility), and to pay related fees, costs, premiums and expenses in connection therewith (including accrued and unpaid interest with respect to such amounts). The transaction occurs in conjunction with the proposed amendment and extension of Kontoor’s Credit Agreement, initially dated as of May 17, 2019, including the senior secured credit facilities thereunder.
By Kontoor Brands, Inc. · Via Business Wire · November 9, 2021
Kontoor Brands Reports Third Quarter 2021 Results; Raises Outlook for Fiscal 2021
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its third quarter ended October 2, 2021.
By Kontoor Brands, Inc. · Via Business Wire · November 4, 2021
Kontoor Brands Launches Indigood™ Facility Certification Program Aimed at Expanding the Adoption of Water Saving Technologies in Textile Production Globally
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the expansion of its water-saving manufacturing program, Indigood™ Facility Certification. This expansion is part of Kontoor’s strategy to reduce the company's carbon footprint and accelerate sustainability efforts including establishing science-based targets for carbon emissions, reducing freshwater during manufacturing, increasing renewable energy adoption, and transitioning to sustainable raw materials sourcing.
By Kontoor Brands, Inc. · Via Business Wire · October 28, 2021
Kontoor Brands Declares Quarterly Dividend of $0.46 Per Share, a 15 Percent Increase
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.46 per share of its common stock, an increase of $0.06 or 15 percent. The cash dividend will be payable on December 20, 2021, to shareholders of record at the close of business on December 10, 2021.
By Kontoor Brands, Inc. · Via Business Wire · October 21, 2021
Kontoor Brands Announces Third Quarter 2021 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its third quarter 2021 financial results on Thursday, November 4, 2021, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · October 14, 2021
Kontoor Brands Appoints Tammy Heller as Chief Human Resources Officer
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Tammy Heller as Chief Human Resources Officer, effective September 29, 2021.
By Kontoor Brands, Inc. · Via Business Wire · September 21, 2021
Kontoor Brands Announces Election of CEO Scott Baxter as Chair of the Board of Directors
The Board of Directors of Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, has unanimously elected Scott Baxter to the role of Board Chair, effective immediately. Baxter will serve as Board Chair, Chief Executive Officer and President, succeeding Robert Shearer who has served as Chairman since Kontoor became an independent, publicly traded company in May 2019, and who will continue to serve on the Board as Lead Independent Director. The Lead Independent Director role was created to ensure that the non-management Directors maintain proper oversight of management and Board processes.
By Kontoor Brands, Inc. · Via Business Wire · August 26, 2021
Kontoor Brands Reports Second Quarter 2021 Results; Raises Outlook for Fiscal 2021
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its second quarter ended July 3, 2021.
By Kontoor Brands, Inc. · Via Business Wire · August 5, 2021
Kontoor Brands Appoints Mame Annan-Brown as Executive Vice President of Global Communications and Public Affairs
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Mame Annan-Brown as Executive Vice President of Global Communications and Public Affairs, effective August 11, 2021.
By Kontoor Brands, Inc. · Via Business Wire · July 22, 2021
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock. The cash dividend will be payable on September 20, 2021, to shareholders of record at the close of business on September 10, 2021.
By Kontoor Brands, Inc. · Via Business Wire · July 21, 2021
Kontoor Brands Announces Second Quarter 2021 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its second quarter 2021 financial results on Thursday, August 5, 2021, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · July 15, 2021
Pent Up Demand Fuels Remote Workers’ Desire to Dress Down, Spend More When They Return to the Office, New Survey from Kontoor Brands, Parent Company of Lee® and Wrangler® Finds
As more remote office workers say they’re ready to return to the office, the time away appears to have rewritten their definition of “business casual,” according to a just-released study from Kontoor Brands, the parent company of Wrangler® and Lee®. While safety protocols mean the office itself may look different, there’s an expectation that office workers, specifically their clothing, will too.
By Kontoor Brands, Inc. · Via Business Wire · June 10, 2021
Kontoor Brands to Host Virtual Investor Day 2021: Catalyzing Growth
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, will host an investor meeting today, Monday, May 24, 2021, at 2:30 p.m. ET. At the virtual event, Kontoor Brands President and Chief Executive Officer Scott Baxter, Chief Financial Officer Rustin Welton and other members of Kontoor’s leadership team will provide an overview of the company’s strategy for “Catalyzing Growth” and key initiatives designed to drive sustainable, long-term growth for the company’s stakeholders.
By Kontoor Brands, Inc. · Via Business Wire · May 24, 2021
Kontoor Brands to Host Virtual Investor Day on May 24, 2021
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that it will host an investor meeting on Monday, May 24, 2021, at 2:30 p.m. ET. At the virtual event, Kontoor Brands President and Chief Executive Officer Scott Baxter, Chief Financial Officer Rustin Welton and other members of Kontoor’s leadership team will provide an overview of the company’s strategy and key initiatives designed to drive sustainable, long-term growth for the company’s stakeholders.
By Kontoor Brands, Inc. · Via Business Wire · May 17, 2021
Mark Schiller, CEO of The Hain Celestial Group, Elected to Kontoor Brands Board of Directors
The Board of Directors of Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, has named Mark Schiller, President and Chief Executive Officer of The Hain Celestial Group, Inc., as a director, effective immediately.
By Kontoor Brands, Inc. · Via Business Wire · May 6, 2021
Kontoor Brands Reports First Quarter 2021 Results; Raises Outlook for Fiscal 2021
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its first quarter ended April 3, 2021.
By Kontoor Brands, Inc. · Via Business Wire · May 6, 2021
Kontoor Brands and Panda Biotech Team Up to Accelerate the Commercialization of U.S. Grown and Processed Hemp
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Lee® and Wrangler®, today announced an expansion of its collaboration with Dallas-based Panda Biotech, LLC, an emerging leader in the industrial hemp fiber industry. With this collaboration, Kontoor Brands and Panda Biotech are working to bring traceability and scale to the textile-grade cottonized hemp grown and processed in the United States.
By Kontoor Brands, Inc. · Via Business Wire · April 27, 2021
Kontoor Brands Declares Quarterly Dividend
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock. The cash dividend will be payable on June 18, 2021, to shareholders of record at the close of business on June 8, 2021.
By Kontoor Brands, Inc. · Via Business Wire · April 21, 2021
Kontoor Brands Appoints Karen Smith as Executive Vice President of Global Supply Chain
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the appointment of Karen Smith as Executive Vice President of Supply Chain, effective May 1, 2021.
By Kontoor Brands, Inc. · Via Business Wire · April 20, 2021
Kontoor Brands Announces First Quarter 2021 Earnings and Conference Call Date
Kontoor Brands, Inc. (NYSEKTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced plans to release its first quarter 2021 financial results on Thursday, May 6, 2021, at approximately 6:50 a.m. ET.
By Kontoor Brands, Inc. · Via Business Wire · April 15, 2021