Deal Dispatch: IMAX Mulls Potential Sale, Shein Buys Everlane, West Marine Bankruptcy

Major M&A deals this week include Cohere acquiring Reliant AI and Authentic Brands buys denim brand Lee. Bitcoin Depot announces bankruptcy.

Kontoor Brands Offloads Lee In Billion-Dollar Transaction

Kontoor Brands (KTB) is selling its Lee business to Authentic Brands Group for up to $1B to focus on Wrangler and growth.

Kontoor Brands Agrees To Sell Lee Business To Authentic Brands Group For Up To $1B, Including Initial Transaction Value Of $750M And $250M Earnout Opportunity In Future Years

Transaction Valued at up to $1 Billion, including $750 Million Initial Transaction ValuePortfolio Transformation Enables Kontoor to Shift Focus to Higher Growth Brands within Attractive Addressable MarketsKontoor Brands,

Barclays Maintains Overweight on Kontoor Brands, Raises Price Target to $96

Barclays analyst Adrienne Yih maintains Kontoor Brands (NYSE:KTB) with a Overweight and raises the price target from $93 to $96.

CORRECTION: Kontoor Brands Q1 Adj. EPS $1.06 Misses $1.12 Estimate, Sales $613.322M Miss $782.031M Estimate

Kontoor Brands (NYSE:KTB) reported quarterly earnings of $1.06 per share which missed the analyst consensus estimate of $1.12 by 5.36 percent. This is a 11.67 percent decrease over earnings of $1.20 per share from the

Kontoor Brands Discloses That A Competitive Process To Divest Lee Business Began In Q1

During the first quarter of 2026, the Company initiated a competitive process to divest the Lee business. The process has attracted interest from multiple parties and the Company anticipates entering into a definitive

Kontoor Brands Announces New $750M Share Buyback

Kontoor Brands Raises FY2026 Adj EPS Guidance from $6.40-$6.50 to $6.60-$6.70 vs $6.38 Est; Raises FY2026 Sales Guidance from $3.400B-$3.450B to $3.410B-$3.460B vs $3.446B Est

Kontoor Brands (NYSE:KTB) raises FY2026 Adj EPS guidance from $6.40-$6.50 to $6.60-$6.70 vs $6.38 analyst estimate. Raises FY2026 sales outlook from $3.400 billion-$3.450 billion to $3.410 billion-$3.460 billion vs

Kontoor Brands Q1 Adj. EPS $1.55 Beats $1.12 Estimate, Sales $613.322M Miss $782.031M Estimate

Kontoor Brands (NYSE:KTB) reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $1.12 by 38.39 percent. This is a 29.17 percent increase over earnings of $1.20 per share from the

BTIG Reiterates Buy on Kontoor Brands, Maintains $100 Price Target

BTIG analyst Robert Drbul reiterates Kontoor Brands (NYSE:KTB) with a Buy and maintains $100 price target.