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Kontoor Brands Announces Executive Transition Agreement

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Kontoor Brands Announces Executive Transition Agreement

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An update from Kontoor Brands ( (KTB) ) is now available.

On July 29, 2025, Kontoor Brands announced that Thomas E. Waldron stepped down from his position as Executive Vice President and Chief Operating Officer. He will remain with the company in a non-executive role until September 30, 2025, to ensure a smooth transition. Under a Separation Agreement signed on August 31, 2025, Waldron will receive $1,350,000 over eighteen months, along with other benefits such as eligibility for performance-based incentives and healthcare coverage under COBRA. The agreement also includes non-compete and non-solicitation clauses.

The most recent analyst rating on (KTB) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Kontoor Brands stock, see the KTB Stock Forecast page.

Spark’s Take on KTB Stock

According to Spark, TipRanks’ AI Analyst, KTB is a Outperform.

Kontoor Brands demonstrates strong financial performance and positive earnings call highlights, particularly with revenue growth and successful integration efforts. However, high leverage and potential tariff impacts pose risks. The stock’s technical indicators suggest bullish momentum, though caution is advised due to overbought signals. Valuation metrics indicate the stock is fairly valued with a good dividend yield.

To see Spark’s full report on KTB stock, click here.

More about Kontoor Brands

Average Trading Volume: 736,179

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.47B

See more insights into KTB stock on TipRanks’ Stock Analysis page.

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