Kontoor Brands (NYSE:KTB) Issues FY 2026 Earnings Guidance

Kontoor Brands (NYSE:KTB) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 6.600-6.700 for the period, compared to the consensus EPS estimate of 6.490. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KTB. UBS Group boosted their price target on shares of Kontoor Brands from $118.00 to $131.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group boosted their price target on shares of Kontoor Brands from $84.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Zacks Research raised shares of Kontoor Brands from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Stifel Nicolaus boosted their price target on shares of Kontoor Brands from $75.00 to $80.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Finally, Barclays boosted their price target on shares of Kontoor Brands from $74.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Kontoor Brands Stock Performance

Shares of NYSE:KTB traded down $4.60 on Friday, reaching $73.47. The company’s stock had a trading volume of 1,224,515 shares, compared to its average volume of 679,903. The stock’s 50-day moving average is $71.26 and its two-hundred day moving average is $69.29. Kontoor Brands has a 52-week low of $53.55 and a 52-week high of $87.00. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.87 and a quick ratio of 0.87. The stock has a market capitalization of $4.06 billion, a P/E ratio of 14.87 and a beta of 0.91.

Kontoor Brands (NYSE:KTB) last announced its earnings results on Thursday, May 7th. The company reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.11). Kontoor Brands had a net margin of 8.81% and a return on equity of 55.20%. The business had revenue of $613.32 million during the quarter, compared to analysts’ expectations of $784.76 million. During the same period in the previous year, the company posted $1.20 earnings per share. Kontoor Brands’s quarterly revenue was up 45.0% on a year-over-year basis. Kontoor Brands has set its FY 2026 guidance at 6.600-6.700 EPS. As a group, sell-side analysts forecast that Kontoor Brands will post 6.65 EPS for the current year.

Kontoor Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, June 8th. Kontoor Brands’s dividend payout ratio is presently 42.91%.

More Kontoor Brands News

Here are the key news stories impacting Kontoor Brands this week:

• Positive Sentiment: Kontoor reported stronger-than-expected Q1 adjusted earnings and raised its full-year outlook, signaling improving profitability and confidence in the business. Business Wire article
• Positive Sentiment: The company said revenue rose 45% year over year, helped by strong Helly Hansen performance and Wrangler market-share gains, which suggests core brand momentum. Business Wire article
• Positive Sentiment: Management announced a planned divestiture of the Lee brand and a $750 million share repurchase program, moves that could streamline the portfolio and support shareholder returns. Business Wire article
• Neutral Sentiment: Some early coverage emphasized that quarterly revenue missed Wall Street estimates even though earnings beat expectations, which may be limiting enthusiasm. Zacks article

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KTB. Royal Bank of Canada increased its stake in shares of Kontoor Brands by 29.1% during the first quarter. Royal Bank of Canada now owns 105,895 shares of the company’s stock worth $6,793,000 after acquiring an additional 23,880 shares during the period. AQR Capital Management LLC increased its stake in shares of Kontoor Brands by 49.3% during the first quarter. AQR Capital Management LLC now owns 14,641 shares of the company’s stock worth $939,000 after acquiring an additional 4,836 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Kontoor Brands by 250.8% during the first quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company’s stock worth $602,000 after acquiring an additional 6,712 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Kontoor Brands by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company’s stock worth $2,102,000 after acquiring an additional 1,432 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Kontoor Brands by 222.5% during the first quarter. Millennium Management LLC now owns 156,332 shares of the company’s stock worth $10,026,000 after acquiring an additional 107,855 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Kontoor Brands Company Profile

Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.

Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.