Kontoor Boosts Third Quarter Revenue by 27%, Revises 2025 Projections

Kontoor improves its figures in the third quarter and updates its year-end forecast upwards. The U.S. company, which owns brands such as Wrangler, Lee and, as of this year, Helly Hansen, increased its turnover by 27% in the third quarter compared to the same period last year, to $853 million.

The quarterly result improved the group’s performance through September, with cumulative sales up 12% to $2.134 billion, and led Kontoor to upgrade its year-end forecast. The company now expects to close 2025 at the high end of its previous forecasts, which will lead the company to achieve a turnover of close to $3.12 billion.

“Our third-quarter results,“ said Scott Baxter, the group’s chairman and CEO, “are ahead of expectations thanks to the strength of our extended brand portfolio, gross margin expansion and executive trading.

Wrangler grew 2% in the quarter, while Lee’s sales fell 8% versus the same period of 2024

The acquisition of Helly Hansen, closed last June, was key to the improved results of Kontoor, which saw its business in its home market, the United States, stagnate in the third quarter.

Wrangler, the group’s main brand, achieved sales of $471 million from July to September, 2% more than in the same period of the previous year. International sales drove the brand, up 6% year-on-year.

Lee, on the other hand, declined 8% in the period, to $187 million. In the United States, the jeans brand’s sales fell 9%, while internationally the correction was 5%. Lee’s declines were more than offset by the arrival of Helly Hansen in the group: with $193 million in sales, the Norwegian brand’s entry explains the group’s growth in the third quarter.

On the other hand, Kontoor posted a net profit of $36.9 million in the third quarter, down 48% compared to the same period last year. For the cumulative January-September period, profits fell by 15% to $153.7 million.

Thanks to its improved performance, Kontoor now expects to close the year with an adjusted operating profit of $449 million, 18% higher than in the previous year. Its previous performance put this gross profit at $443 million.