27.37 0.00 (0.00%)
After hours: 4:34PM EDT
|Bid||27.40 x 1000|
|Ask||29.88 x 800|
|Day's Range||26.27 - 28.29|
|52 Week Range||26.27 - 38.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.00|
Mexican tariffs could have a heavy impact on denim retailers, as Mexico represents 35% of imports of men's and boy's jeans to the U.S., according the the American Apparel and Footwear Association. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Erin Sykes, retail expert, to discuss.
Roy Carroll says his new downtown hotel is off to a fast start. The Greensboro developer said officials with Hyatt Hotels (NYSE: H) have informed him that his Hyatt Place at Carroll at Bellemeade is among the top producers of the international brand's new hotels. Since opening across Eugene Street from First National Bank Field March 15, the 108-room hotel has generated more than $1 million in revenue, Carroll told a small gathering Wednesday at a ceremony in front of the hotel's main entrance.
Triad Business Journal spoke to Baxter shortly after the spinoff to discuss the future of the $2.7 billion company.
Wrangler introduced a new denim line called Indigood dyed with a process it says eliminates 99.99 percent of water used in the manufacturing process. “Indigood raises the bar on what consumers can expect from us in terms of environmental performance,” said Roian Atwood, director of sustainability at Wrangler. Wrangler, owned by Kontoor Brands, Inc. (NYSE: KTB) has pledged to conserve 5.5 billion liters of water at owned and operated facilities by 2020 and sourcing 100 percent sustainable cotton by 2025.
Kontoor Brands, Inc. (KTB), a global leader in lifestyle apparel, today announced that President and Chief Executive Officer Scott Baxter will ring the Opening Bell® at the New York Stock Exchange (NYSE) on Wednesday, June 5, 2019 at 9:30 a.m. ET. Baxter will be joined on the bell podium with other Kontoor leaders to celebrate the company’s recent completion of its separation from VF Corporation and listing on the NYSE.
Marks the Wrangler brand’s most sustainable line of denim products in its history
If the White House is no longer pro-business, that's bad news for stocks, Jim Cramer admitted to his Mad Money viewers Monday. This sudden change of heart means investors will be willing to pay less for stocks, Cramer said, and everyone needs to reset their expectations. Cramer's long been a champion of some of President Trump's economic policies, like lower taxes and deregulation to spur growth.
VF Corp. says it will focus on lifestyle branding around the outdoors now that the jeans spin-off, Kontoor Brands, is complete.
“This is a historic day for everyone connected with Kontoor as we now accelerate to the next stage of our journey as a public company,” said Scott Baxter, President & CEO of Kontoor Brands. “Since the separation from VF was first announced last August, we have planned for this moment and we are fully prepared to succeed.