Kontoor Brands, Inc. raised earnings guidance for the year 2026. For the year, the company expects Revenue including the expected contribution from discontinued operations to be in the range of $3.41 billion to $3.46 billion. This compares to the prior outlook range of $3.40 billion to $3.45 billion.
Lee revenue is expected to approximate $750 million and is now reported in discontinued operations. Revenue from continuing operations is expected to be in the range of $2.66 billion to $2.71 billion against previous guidance of $2.65 billion to $2.70 billion.
Kontoor Brands, Inc. is a global lifestyle apparel company. The Company designs, manufactures, procures, sells and licenses apparel, footwear and accessories. Its lifestyle, outdoor and workwear brands include Wrangler, Lee, and Helly Hansen. The Wrangler brand offers multiple sub-brands, collections and product lines within the Wrangler brand to target specific consumer demographics and consumer end-users, 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 offers denim, apparel, footwear and accessories for adults and children. The Lee brand offers multiple sub-brands, collections and product lines, including Lee101, Riders, Storm Rider, Lee MVP and Lee X. The Helly Hansen brand is an outdoor and workwear brand. Helly Hansen offers sub-brands, including Helly Hansen Sport and Helly Hansen Workwear.
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