Kontoor Brands (KTB) news

Moody's Ratings announces completion of a periodic review of ratings of Kontooor Brands, Inc.

Moody’s Ratings has completed a periodic review of the credit ratings of Kontoor Brands, Inc., a specialty apparel and textile company. The review, which evaluates the company’s financial health and creditworthiness, is part of Moody’s standard process to ensure ratings remain aligned with current…

Kontoor to return over $900M of capital in '26

Kontoor Brands Inc. (NYSE: KTB) announced plans to return over $900 million of capital to shareholders in 2026, primarily through a $750 million share repurchase authorization and voluntary term loan payments. This follows the company’s recent strategic moves, including acquisition of Helly Hansen…

Kontoor expects to enter into a $400M accelerated share buyback

KTB sees FY adj EPS $5.25 to $5.35, saw $5.15 to $5.25

Kontoor Brands, Inc. (KTB) has updated its full-year 2023 adjusted earnings per share (EPS) guidance to a range of $5.25 to $5.35, up from the previously expected range of $5.15 to $5.25. This revision reflects improved performance and strategic adjustments made by the company during the year. The…

Kontoor names Joseph A. Alkire president & CFO

Kontoor Brands, Inc. (NYSE: KTB) has appointed Joseph A. Alkire as Executive Vice President, Chief Financial Officer, and Global Head of Operations, effective August 1, 2025 . Alkire succeeds Rustin Welton, who retired after four years of service, with a transition period extending through year-end…