Key Takeaways Kontoor Brands, Inc. (KTB) reported stronger first-quarter 2026 results, with revenues and adjusted earnings from continuing operations increasing sharply year over year. The company also updated its full-year outlook and announced plans to divest the Lee business. During the quarter, the company initiated a competitive process to divest the Lee business and indicated that multiple parties have expressed interest. Management expects to enter into a definitive agreement for the divestiture duri ...