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home / news releases / KTB - The Market Got Excited But Kontoor Is Still A Hold

KTB - The Market Got Excited But Kontoor Is Still A Hold

Kontoor Brands Inc.

2024-05-17 03:39:00 ET

Summary

  • Kontoor Brands faces challenges in wholesale and denim, its main revenue drivers, but is optimistic about DTC and non-denim growth.
  • Wholesale sales have decreased across geographies and brands, while DTC sales remain flat.
  • KTB is investing in building its brands, with a focus on country-themed collaborations for Wrangler and streetwear collaborations for Lee.

Kontoor Brands ( KTB ) owns Wrangler and Lee, two famous global denim apparel brands....

For further details see:

The Market Got Excited, But Kontoor Is Still A Hold
Stock Information
Company Name: Kontoor Brands Inc.
Stock Symbol: KTB
Market: NYSE
Website: kontoorbrands.com
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