Kontoor Brands Announces Leadership Changes for Growth

Kontoor Brands ( (KTB) ) has provided an announcement.

On July 29, 2025, Kontoor Brands announced leadership changes with Joseph A. Alkire and Jennifer H. Broyles taking on expanded roles. Alkire will now oversee global operations as Executive Vice President, Chief Financial Officer, and Head of Global Operations, while Broyles will lead international and commercial operations for Lee and Wrangler as Executive Vice President, Chief Commercial Officer, and Global Head of Brands. These changes are part of Kontoor’s strategic evolution to expand its brand portfolio and accelerate growth, aiming to deliver long-term value for shareholders. Tom Waldron, the outgoing Executive Vice President and Chief Operating Officer, will assist in the transition until September 30, 2025.

The most recent analyst rating on (KTB) stock is a Buy with a $108.00 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 is positioned strongly due to robust financial performance and optimistic earnings guidance. However, technical analysis shows bearish trends, and leverage risks remain a concern. Strategic initiatives and shareholder-friendly actions like dividend payments enhance its appeal, though market and operational challenges persist.

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

More about Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three iconic lifestyle, outdoor, and workwear brands: Wrangler®, Lee®, and Helly Hansen®. The company is purpose-led, focusing on leveraging its global platform, strategic sourcing model, and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders.

Average Trading Volume: 676,026

Technical Sentiment Signal: Sell

Current Market Cap: $3.44B

Find detailed analytics on KTB stock on TipRanks’ Stock Analysis page.