Strong Revenue Growth
Kontoor Brands reported a 5% increase in global revenue for the fourth quarter, driven by stronger-than-expected results in the U.S. and Asia.
Wrangler Brand Success
Wrangler's global revenue increased 9% in the fourth quarter, with growth in every channel and geography. The brand gained 220 basis points of market share in the fourth quarter.
Project Jeanius Progress
The company progressed with Project Jeanius, raising the expected savings target to $100 million, with benefits starting to flow through the P&L in 2025.
Cash Generation and Shareholder Returns
Kontoor Brands generated approximately $370 million in cash from operations, returning almost $200 million to shareholders through dividends and share repurchases.
Outdoor Segment Growth
The outdoor segment grew 15% last year, doubling from approximately $100 million five years ago.