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Kontoor Brands Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Outlook

1. KTB reported robust Q4 and full year 2024 financials; market share gains drive optimism. 2. Landmark performance with accelerating fundamentals and enhanced capital allocation optionality; strong shareholder returns noted.

-19.43%Current Return
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-0.6%S&P 500
$86.1702/25 06:52 AM EDTEvent Start

$69.4302/26 01:41 PM EDTLatest Updated
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FAQ

Why Bullish?

The strong earnings announcement signaling market share gains, accelerated fundamentals, and improved capital allocation points to a positive future for KTB. Historical instances show that such outperforming results often lead to positive investor sentiment, as seen in similar apparel sector recoveries.

How important is it?

The article directly reports KTB’s financial performance with data points that can materially affect investor perceptions and future earnings forecasts. Regulatory trends and market dynamics in the apparel industry further support the significance of these results.

Why Long Term?

The ongoing market share gains and business fundamentals reflect sustainable growth, impacting long-term valuation rather than a short-lived spike. Previous cases in the retail and apparel segments demonstrate that continuous performance improvement benefits long-term investors.

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GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world's most iconic consumer brands, Wrangler® and Lee®, today reported financial results for its fourth quarter and full year ended December 28, 2024. “2024 was a landmark year for Kontoor driven by continued market share gains, accelerating business fundamentals, increasing capital allocation optionality, and strong returns for our shareholders,” said Sco.

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