Kontoor Brands lifts annual profit guidance following Lee sale and steady third quarter gains
US apparel group Kontoor Brands (Kontoor), owner of Wrangler and Helly Hansen, reported a 3 percent increase in third quarter revenue from continuing operations to 685.35 million dollars, driven by balanced growth across its core brands. Following the completion of the divestiture of Lee, the Greensboro-based business raised its full year...
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