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Kontoor Brands, Inc. (KTB)
After hours:
| Previous close | 71.49 |
| Open | 71.21 |
| Bid | 71.85 x 800 |
| Ask | 73.85 x 800 |
| Day's range | 71.02 - 72.31 |
| 52-week range | 37.10 - 73.43 |
| Volume | |
| Avg. volume | 665,111 |
| Market cap | 4.015B |
| Beta (5Y monthly) | 1.13 |
| PE ratio (TTM) | 18.21 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.00 (2.80%) |
| Ex-dividend date | 10 Jun 2024 |
| 1y target est | N/A |
- Simply Wall St.
Is It Time To Consider Buying Kontoor Brands, Inc. (NYSE:KTB)?
Kontoor Brands, Inc. ( NYSE:KTB ), is not the largest company out there, but it received a lot of attention from a...
- Yahoo Finance Video
Investors eye Nvidia, Red Lobster bankruptcy: Catalysts
On today's episode of Catalysts, anchors Seana Smith and Madison Mills cover everything from AI to banks to Wrangler jeans. Ahead of the highly anticipated Nvidia (NVDA) earnings, former White House CHIPS Coordinator Aaron "Ronnie" Chatterji joins the show to dissect the impact of the Biden Administration's CHIPS Act on the semiconductor giant's operations and performance. The episode also features company updates on prominent players across various sectors. JPMorgan Chase & Co. (JPM) has raised its full-year guidance for net interest income, Micron Technology (MU) is in the spotlight after receiving an upgrade from Morgan Stanley, and Red Lobster has filed for bankruptcy. Kontoor Brands (KTB) CEO Scott Baxter joins the program to discuss how the parent company of Wrangler is navigating the current consumer landscape amid high inflation, which is straining household wallets. Baxter explains that their success stems from the fact that "the consumer right now is gonna go ahead and buy the things that they need." Furthermore, Priceline CEO Brett Keller joins the show to share his insights on consumer travel spending trends as the highly anticipated summer season approaches. This post was written by Angel Smith
- Yahoo Finance Video
Kontoor Brands CEO talks navigating consumer softness
Consumers have been dealing with mounting pressure as prices rise due to persistent high inflation. In this challenging environment, Kontoor Brands (KTB) CEO Scott Baxter joins Catalysts to discuss how his company continues to thrive despite the current strain on consumer wallets. Baxter acknowledges that "the consumer right now is gonna go ahead and buy the things that they need," emphasizing the growing importance of the consumer staples sector in which Kontoor Brands operates. He expresses confidence in his company's growth, stating he believes that their consumers "have gotten used to our brands at the right price point in the right channels." Sustaining demand, innovation, and delivering great products have been key drivers of Kontoor Brands' resilience, according to Baxter. He also highlights their upcoming collaboration with Lainey Wilson, which he believes has further boosted demand. In his words, "It's things like that from a demand-creation standpoint that keep us relevant in the forefront with our consumer." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
