Kontoor Brands (NYSE:KTB) Issues FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemKontoor Brands (NYSE:KTB – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 6.600-6.700 for the period, compared to the consensus earnings per share 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.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. Stifel Nicolaus upped their price target on Kontoor Brands from $75.00 to $80.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Wells Fargo & Company boosted their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. Zacks Research raised Kontoor Brands from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. UBS Group lifted their price objective on Kontoor Brands from $118.00 to $131.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group upped their price objective on shares of Kontoor Brands from $84.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Kontoor Brands currently has a consensus rating of “Moderate Buy” and an average price target of $91.00.
Get Our Latest Stock Analysis on KTB
Kontoor Brands Price Performance
Shares of KTB traded down $4.60 during mid-day trading on Friday, reaching $73.47. 1,224,515 shares of the stock traded hands, compared to its average volume of 810,016. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 18.14 and a beta of 0.91. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 2.01. The firm has a fifty day moving average price of $71.26 and a 200 day moving average price of $69.29. Kontoor Brands has a 1 year low of $53.55 and a 1 year high of $87.00.
Kontoor Brands (NYSE:KTB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.38. Kontoor Brands had a return on equity of 62.02% and a net margin of 7.22%.The firm had revenue of $613.32 million for the quarter, compared to analysts’ expectations of $784.76 million. During the same quarter last year, the firm posted $1.20 EPS. The company’s revenue was up 45.0% compared to the same quarter last year. Kontoor Brands has set its FY 2026 guidance at 6.600-6.700 EPS. As a group, equities research analysts predict that Kontoor Brands will post 6.46 earnings per share for the current year.
Kontoor Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 8th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 8th. This represents a $2.12 annualized dividend and a dividend yield of 2.9%. Kontoor Brands’s dividend payout ratio (DPR) is 42.91%.
Key Stories Impacting Kontoor Brands
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 Investors Weigh In On Kontoor Brands
A number of large investors have recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC increased its position in shares of Kontoor Brands by 335.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 405 shares of the company’s stock valued at $25,000 after purchasing an additional 312 shares during the last quarter. iSAM Funds UK Ltd purchased a new stake in Kontoor Brands in the third quarter worth approximately $44,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Kontoor Brands in the 3rd quarter valued at $68,000. Johnson Financial Group Inc. bought a new position in shares of Kontoor Brands during the third quarter valued at about $84,000. Finally, Group One Trading LLC grew its stake in shares of Kontoor Brands by 1,210.0% during the third quarter. Group One Trading LLC now owns 1,110 shares of the company’s stock valued at $89,000 after buying an additional 1,210 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.
About Kontoor Brands
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.