Kontoor Brands

KTB

Market cap $4.73B

Kontoor Brands is rated a buy due to an attractive post-Lee divestiture setup, with a clearer focus on Wrangler and Helly Hansen. Lee's sale for up to $1 billion provides KTB with significant financial flexibility for debt reduction and share repurchases. Wrangler delivers stable, cash-generating growth, while Helly Hansen offers higher-margin, premium outdoor/workwear expansion opportunities.

IVR, KTB and MPTI have been added to the Zacks Rank #5 (Strong Sell) List on June 25th, 2026.

KTB, MAX and SSTI have been added to the Zacks Rank #5 (Strong Sell) List on June 11, 2026.

KTB expands its gross margin sharply in the first quarter of fiscal 2026, with Project Genius and Helly Hansen supporting stronger profitability.

KTB targets premium workwear growth through Wrangler and Helly Hansen, supported by expansion and rising global demand.

Goldman Sachs is a leading investment firm on Wall Street and worldwide.

Kontoor Brands, Inc. is divesting the Lee brand for up to $1 billion. Lee has been KTB's weakest brand and has consistently reported declining sales and earnings. The transaction values a weak brand at a good multiple. The focus shifts to Helly Hansen and Wrangler, both of which look to grow KTB's earnings well.

GREENSBORO, N.C.--(BUSINESS WIRE)--The Coors Banquet x Wrangler Collection, available starting May 28th, will feature 23 unique pieces, including men's and women's apparel and caps.

The limited-edition denim transforms Rice's new song into a one-of-a-kind wearable using Banquet-infused ink, turning the collaboration into both a fashion release and the song's world premiere Key Summary Bullets Coors Banquet and Wrangler reunite for their third collaboration, celebrating their shared Western heritage with a limited-edition apparel collection. Longtime Coors Banquet fan and award-winning country artist Chase Rice joins the collaboration, bringing an authentic voice and personal storytelling to the collection.

KTB sharpens its portfolio around Wrangler and Helly Hansen to drive resilient growth amid macroeconomic uncertainty.