NYSE:KTB - New York Stock Exchange, Inc. - US50050N1037 - Common Stock - Currency: USD
Kontoor Brands plans acquisition of outdoor and workwear brand Helly Hansen for approximately $900 million. The deal is expected to boost Kontoor's revenue and profit, with projections of over $680 million in revenue and $80 million in adjusted EBITDA for 2025.
Given nearly all footwear and apparel sold in the US are sourced internationally, many will be directly exposed to the tariffs.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Guess (NYSE:GES) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at apparel and accessories stocks, starting with Levi's (NYSE:LEVI).