Helly Hansen ‘Ticks All the Boxes’ for Kontoor, According to CEO Scott Baxter
The Greensboro, N.C.-based parent company of Wrangler and Lee has made a deal to acquire Helly Hansen, the Norwegian sports and lifestyle brand, for $900 million: $700 million in new debt financing and $200 million in excess cash on hand.
The addition of Helly Hansen, which was acquired from Canadian Tire Corp., is expected to accelerate sales, earnings and cash ...
Reports Q4 revenue of $699M, consensus $697.03M. “I am pleased with our strong finish to the year, driven by better-than-expected revenue, ...
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