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Kontoor Brands, Inc.

KTB

Consumer Cyclical · 66.60 +0.6% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Kontoor Brands, Inc.'s current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.

What changed
  • Revenue increased 45.0% versus the comparable filing period.
Company+0.6% todayVolume comparison unavailable
Market group0 of 32 activeConsumer Cyclicals · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • Interest expense rose as debt outstanding increased to fund the Acquisition, putting pressure on earnings and cash conversion.
  • Corporate and other expenses increased because of costs previously allocated to Lee and higher technology investment, partly offset by lower restructuring costs.

Invalidation: The isolated read changes if KTB's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Apparel Manufacturing

The latest filing evidence is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 45.0% versus the comparable filing period.
  • Operating margin improved 7.3 percentage points.
  • Net income increased 115.6% versus the comparable filing period.
Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Interest expense rose as debt outstanding increased to fund the Acquisition, putting pressure on earnings and cash conversion.
  • Corporate and other expenses increased because of costs previously allocated to Lee and higher technology investment, partly offset by lower restructuring costs.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements167
Verified relationships9
Evidence supporting the case
  • Latest annual revenue changed +20.9% year over year.
  • Operating cash flow covered net income at 2.00x in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 5 filings.
  • Demand and volume has repeated favorable evidence across 5 filings.
  • Foreign exchange has repeated favorable evidence across 5 filings.
  • Restructuring and cost reductions has repeated favorable evidence across 5 filings.
  • Supply chain and availability has repeated favorable evidence across 4 filings.
  • Tariffs and trade policy has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Operating margin changed -2.4 percentage points in the latest annual period.
  • Net margin changed -2.2 percentage points in the latest annual period.
Questions before a position
  • P/E is 16% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 92% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

66.60
6m+0.3%12m-13.8%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-01-01$2.5B+18.0%$3.31+2.1%
2022-12-31$2.6B+6.3%$4.31-3.6%
2023-12-30$2.6B-0.9%$4.06-0.1%
2024-12-28$2.6B+0.0%$4.36-1.1%
2026-01-03$3.2B+20.9%$4.05-0.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratespositive · 5 filings
Interest expense increased $8.5 million during the six months ended June 2026 compared to the six months ended June 2025, primarily due to higher debt outstanding to fund the Acquisition.
10-Q · Aug 12, 2026
Demand and volumepositive · 5 filings
Operating margin increased to 28.8%, compared to 22.1% for the 2025 period, due to the benefits of Project Jeanius, the U.S.
10-Q · Aug 12, 2026
Foreign exchangepositive · 5 filings
Cash used by investing activities in the prior year period was primarily related to cash used to fund the Acquisition, partially offset by proceeds from the settlement of foreign exchange contracts associated with the purchase price of the Acquisition.
10-Q · Aug 12, 2026
Restructuring and cost reductionspositive · 5 filings
Six Months Ended June 2026 Compared to the Six Months Ended June 2025 Corporate and other expenses increased $25.1 million, primarily due to incremental costs previously allocated to the Lee segment and higher investments in technology, partially offset by lo…
10-Q · Aug 12, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.2× · EV/sales 1.5×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

66.60+0.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for KTB. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

Fundamentals strengthened in the latest filing

10-Q filed 2026-05-14 against the comparable filing from 2025-05-06.

constructive
OperationsconstructiveEvidence score +4
liquidityneutralEvidence score 0
valuationmixed

What improved

  • Revenue increased 45.0% versus the comparable filing period.
  • Operating margin improved 7.3 percentage points.
  • Net income increased 115.6% versus the comparable filing period.

What weakened

No thresholded deterioration was identified.

Filing receipts

Gross margin increased primarily due to the IEEPA tariff receivable, benefits from Project Jeanius and favorable product and channel mix, partially offset by increased product costs, net of pricing actions.

Interest expense increased $6.3 million during the three months ended March 2026 compared to the three months ended March 2025, primarily due to higher debt outstanding to fund the Acquisition.

Investing Activities During the three months ended March 2026, cash provided by investing activities was $4.3 million as compared to cash used by investing activities of $3.1 million in the prior year period, primarily due to increases in property, plant and equipment expenditures offset by proceeds from the sale of the Ro ck & Republic ® brand and receipts associated with settlements of the deferred purchase price receivable under the accounts receivable sale programs in the current year period.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind KTB

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AMZNAmazon.com, Inc.customerMar 4, 2026

Deep Relationships With Leading Brick-and-Mortar and E-Commerce Retailers The Wrangler ® and Lee ® brands have long-term relationships with many leading brick-and-mortar and e-commerce retailers, including Amazon, Boot Barn, Target, and Walmart, whom we belie…

BOOTBoot Barn Holdings, Inc.customerMar 4, 2026

Deep Relationships With Leading Brick-and-Mortar and E-Commerce Retailers The Wrangler ® and Lee ® brands have long-term relationships with many leading brick-and-mortar and e-commerce retailers, including Amazon, Boot Barn, Target, and Walmart, whom we belie…

Depended on by

GCOGenesco Inc.partnerJun 11, 2026

During Fiscal 2026, we signed a multi-year licensing agreement with Kontoor Brands, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

KTB is currently a Follower in the organic co-movement group Consumer Cyclicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.