Kontoor Brands
Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick-and-mortar and e-commerce retailers. The Company has two reportable segments: Wrangler and Lee. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.www.kontoorbrands.com
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Search complete. 5 mentions across 4 episodes found for "Kontoor Brands".
Oct 15, 2026
Julie MorganHOST
According to Dow Jones market data, Apple ended the day Wednesday at $5.005 trillion.
Julie MorganHOST
Kontoor Brands can now focus on its Wrangler brand now that Lee Jeans is headed out the door.
Julie MorganHOST
If you remember, we told you over the summer that Kontoor had struck a deal with Authentic Brands to sell Lee for up to one billion dollars.
Julie MorganHOST
The deal is expected to close in the second half of this year.
Julie MorganHOST
Going forward, Anderson thinks Kontoor will be able to accelerate Wrangler growth to more than 4% in the next three years from 2 to 3% currently.
Julie MorganHOST
Anderson believes this can be done by focusing on women's direct-to-consumer and innovation, while the EPS loss from Lee should be recaptured within 12 to 18 months from closing.
Julie MorganHOST
Anderson's buy rating for Kontoor Brands comes with a higher price target of $89, representing 30% upside to Tuesday's closing price.
Julie MorganHOST
A few items of note on our catalyst watch.
JohnAUDIENCE
[applause]
Jim CramerHOST
All right, now let's talk Kontoor Brands, the denim business that was actually spun off by VF Corp in 2019.
Jim CramerHOST
They own Wrangler and Lee jeans, although they're, they're selling the Lee brand for up to a billion dollars not too distant future.
Jim CramerHOST
Last year, Kontoor bought Helly Hansen, the outdoor workwear brand that I call Helly H. [drumbeat] Yeah, I was a big fan of that joke.
DashaNARRATOR
Its billionaire founder, Jamie Salter, built an empire by picking off labels such as Reebok and Champion.
DashaNARRATOR
In May, Authentic struck a roughly one billion dollar deal with the apparel retailer Contour Brands to buy its Lee denim and casual clothing business.
DashaNARRATOR
It also struck a one point four billion dollar deal to take private Guess, another jeans maker.
DashaNARRATOR
Apple bids to put China in its fold by Hannah Miao.
DashaNARRATOR
Its billionaire founder, Jamie Salter, built an empire by picking off labels such as Reebok and Champion.
DashaNARRATOR
In May, Authentic struck a roughly one billion dollar deal with the apparel retailer Contour Brands to buy its Lee denim and casual clothing business.
DashaNARRATOR
It also struck a one point four billion dollar deal to take private Guess, another jeans maker.
DashaNARRATOR
Apple bids to put China in its fold by Hannah Miao.