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Kontoor Brands Enters Into Definitive Agreement to Sell Lee® Business to Authentic Brands Group
Transaction Valued at up to $1 Billion, including $750 Million Initial Transaction Value Portfolio Transformation Enables Kontoor to Shift Focus to Higher Growth Brands within Attractive Addressable Markets …
Lee® Announces First Celebrity Collaboration with 8x Grammy Award Winning Artist Kacey Musgraves Exclusively for Walmart
The Americana-Inspired Collection Blends Lee Denim with Musgraves’ Storytelling and Style GREENSBORO, N.C.--(BUSINESS WIRE)-- Today, Lee® announces Kacey Lee, its first celebrity collaboration designed with…
Kontoor Brands Reports Stronger 2026 First Quarter Results and Raises Full Year Outlook; Announces Planned Divestiture of Lee and $750 Million Share Repurchase Program
During the first quarter, the Company initiated a competitive process to divest the Lee business. As a result, the Company’s first quarter results and updated 2026 outlook reflect the presentation of the Lee…
Kontoor Brands Declares Quarterly Dividend
GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc. (NYSE: KTB) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.53 per share of its common stock. The cash…
