Kontoor Brands lifts profit guidance after solid quarters for Wrangler and Helly Hansen (KTB:NYSE)
Kontoor Brands (KTB) raised its full-year profit guidance after strong performances from its Wrangler and Helly Hansen brands in the second quarter. Wrangler saw global brand revenue increase by 2%, driven by a 9% rise in U.S. direct-to-consumer sales, while Helly Hansen exceeded expectations …