Kontoor Brands stock jumps after 2026 profit forecast lifts Wrangler and Lee owner, tariffs still a worry
Kontoor Brands forecast 2026 adjusted EPS of $6.40–$6.50 and revenue of $3.40–$3.45 billion, factoring in over $100 million in tariff costs. Shares surged 21% Tuesday after the outlook, then slipped 1% early Wednesday. Fourth-quarter revenue rose 46% to $1.02 billion, boosted by the Helly Hansen acquisition. Wrangler revenue climbed 12% to $562 million; Lee rose 2% to $198 million.