Kontoor Brands Inc (N:KTB)
Business Focus: Apparel & Accessories
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 400 N Elm St Greensboro NC 27401-2143 |
| Tel: | N/A |
| Website: | https://www.kontoorbrands.com |
| IR: | See website |
| Key People | ||
| Scott H. Baxter Chairman of the Board, President, Chief Executive Officer | Joseph A. Alkire Chief Financial Officer, Executive Vice President | Thomas E. Waldron Chief Operating Officer, Executive Vice President |
| Thomas Lee Doerr Executive Vice President, General Counsel, Company Secretary | Jenni Broyles Executive Vice President, Global Brands President of Wrangler and Lee | Ezio Garciamendez Executive Vice President, Chief Supply Chain Officer |
| Business Overview |
| Kontoor Brands, Inc. is a global lifestyle apparel company. The Company designs, manufactures, procures, sells and licenses apparel, footwear and accessories, primarily under the brand names Wrangler and Lee. The Company's segments include Wrangler, Lee and Other. The Wrangler segment offers multiple sub-brands and collections within the Wrangler brand, including 20X, Aura from the Women at Wrangler, Cowboy Cut, Premium Patch, Riggs Workwear, Rock 47, Rustler, Wrangler Retro, Wrangler Rugged Wear and Wrangler All Terrain Gear. The Lee segment includes a range of jeans, pants, shirts, shorts and jackets for adults and children. The Lee brand offers multiple sub-brands and collections, including Lee101, Riders by Lee Indigo and Chic by Lee. The Other segment includes sales and licensing of Rock & Republic, other company-owned brands and private label apparel. Its distribution channels include United States Wholesale, Non-United States Wholesale and direct-to-consumer. |
| Financial Overview |
| For the fiscal year ended 30 December 2023, Kontoor Brands Inc revenues decreased 1% to $2.61B. Net income decreased 6% to $231M. Revenues reflect Lee segment decrease of 4% to $842.5M, Other segment decrease of 4% to $10.8M, U.S. segment decrease of 1% to $2.06B, International segment decrease of 2% to $546.8M. Net income also reflects Lee segment income decrease of 19% to $98.1M, Wrangler segment income decrease of 4% to $307.5M. |
| Employees: | 13,700 as of Dec 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,034M as of Dec 30, 2023 |
| Annual revenue (TTM): | $2,607M as of Dec 30, 2023 |
| EBITDA (TTM): | $373.02M as of Dec 30, 2023 |
| Net annual income (TTM): | $230.99M as of Dec 30, 2023 |
| Free cash flow (TTM): | $210.59M as of Dec 30, 2023 |
| Net Debt Last Fiscal Year: | $568.87M as of Dec 30, 2023 |
| Shares outstanding: | 55,759,632 as of Feb 23, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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