Helly Hansen acquisition drives revenue growth at Kontoor
04/03/2026
The US apparel group’s revenues for the fourth quarter exceeded $1 billion ($1.02 billion), growing 2% excluding the acquisition and an extra week in 2025. Sales for Wrangler grew 12%, boosted by the 53-week year, with revenues up 12% in the United States and 10% in international markets. Lee saw its revenues increase by 2%. The group’s gross margins increased to 46.2% and benefitted both from the Helly Hansen acquisition and the impact of its Project Jeanius, the group said, despite increased production costs and tariffs.
For FY2025 the Greensboro, NC-based company’s revenues were $3.15 billion, up 21%. Excluding the 35th week and acquisition, they grew by 1%. Wrangler’s global revenues reached $1.91 billion, up 6%. Lee’s global sales, of $750 million, increased by 5%.
In its outlook for 2026, the group cited impacts due to evolutions in tariffs and the US Supreme Court’s recent ruling. The company also mentioned that 80% the products it sources from Bangladesh were made from US-grown cotton and could therefore qualify for a duty exemption.
“2025 was a transformational year for Kontoor, highlighted by the acquisition of Helly Hansen, strong growth in Wrangler and disciplined execution,” commented Scott Baxter, president, CEO and chairman of the board.