Canadian Tire Corporation announces sale of Helly Hansen to Kontoor Brands; simplifying CTC portfolio to focus on Canadian retail growth Feb. 19, 2025 6:30 AM ET Canadian Tire Corporation, Limited ...

Kontoor Brands targets $425M revenue from Helly Hansen acquisition in 2025 Kontoor Brands Non-GAAP EPS of $1.20 beats by $0.04, revenue of $622.9M misses by $3.42M ...

Canadian Tire Corp. Ltd. says it has signed an almost $1.3 billion deal to sell Helly Hansen to a U.S. owner of several clothing brands. A Canadian Tire logo is displayed on a store in Ottawa on ...

Canadian Tire To Sell Helly Hansen Business To Kontoor Brands For $1.276 Bln February 19, 2025 — 06:54 am EST Written by RTTNews.com for RTTNews -> ...

Under the terms of the deal, Kontoor will acquire full ownership of Helly Hansen from Canadian Tire Corporation. The acquisition price is around $900 million, which corresponds to an estimated ...

Kontoor Brands (NYSE:KTB) expects revenue of approximately $699M for the fourth quarter of 2024, up 4% compared to prior year and above analysts’ estimates of $697.03M. Adjusted EPS is projected ...

The seller is Canadian Tire Corp. The acquisition is projected to close in the second quarter. For those unfamiliar with company, Helly Hansen was founded in 1877.

Analysts have recently evaluated Kontoor Brands and provided 12-month price targets. The average target is $89.71, accompanied by a high estimate of $108.00 and a low estimate of $69.00.

Kontoor Brands is known for denim names Wrangler and Lee. In 2019, the company spun off of from VF Corp, another apparel outfit, which owns Timberland, Vans and North Face brands.

Canadian Tire Corporation announces sale of Helly Hansen to Kontoor Brands; simplifying CTC portfolio to focus on Canadian retail growth PR Newswire - Wed Feb 19, 5:30AM CST ...