Live financial news intelligence

Track market-moving stories before they get noisy

Real-time pulse of financial headlines curated from 5 premium feeds.

Latest market signal English
Coverage 168,429 Raw stories ingested 22,202 rewritten in CS_CZ • 2 to rewrite (last 2 days).
Agents 7 Live Pipeline agents
  • FMP Stock News Fetch every minute 20s ago
  • FMP Forex News Fetch every 5 min 3m ago
  • CoinGecko News Fetch every 5 min running now
  • FIO Stock News Fetch every 10 min 9m ago
  • Patria Stock News Fetch every 10 min 9m ago
  • Editorial rewrite Rewrite every minute overdue 2m ago
  • Asset sync Assets every 1 hour 8m ago

Latest coverage

Market News Feed

Scan headlines quickly, then expand any story for source context.

View
Details Date Content Source
2026-06-12 13:19 2mo ago
2026-04-30 07:00 4mo ago
Albany International Reports First-Quarter 2026 Results
AIN Albany International Corporation
FMP Stock News
Original source text
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its first quarter of 2026, which ended March 31, 2026. Gunnar Kleveland, Albany International's President and Chief Executive Officer said, “Over the past year, we have taken steps to de-risk the business by addressing underperforming areas and sharpening our focus on profitable growth. This has driven a strong start to 2026, with results at the top end of our expectations.” Kleveland c.
2026-06-12 13:19 2mo ago
2026-04-30 09:30 4mo ago
Albany International (AIN) Q1 Earnings and Revenues Top Estimates
AIN Albany International Corporation
FMP Stock News
Original source text
Albany International (AIN - Free Report) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +9.09%. A quarter ago, it was expected that this textile and composite maker would post earnings of $0.64 per share when it actually produced earnings of $0.65, delivering a surprise of +1.56%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Albany International, which belongs to the Zacks Textile - Products industry, posted revenues of $311.33 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 10.30%. This compares to year-ago revenues of $288.77 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Albany International shares have added about 14.4% since the beginning of the year versus the S&P 500's gain of 4.2%.

What's Next for Albany International?While Albany International has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Albany International was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.75 on $314.3 million in revenues for the coming quarter and $2.91 on $1.2 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Products is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Unifi (UFI - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 5.

This polyester and nylon yarn maker is expected to post quarterly loss of $0.22 per share in its upcoming report, which represents a year-over-year change of +71.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Unifi's revenues are expected to be $130.72 million, down 10.8% from the year-ago quarter.
2026-06-12 13:19 2mo ago
2026-04-30 10:11 4mo ago
Albany International Corp. (AIN) Q1 2026 Earnings Call Transcript
AIN Albany International Corporation
FMP Stock News
Original source text
Albany International Corp. (AIN) Q1 2026 Earnings Call Transcript
2026-06-12 13:19 2mo ago
2026-05-18 07:00 3mo ago
Albany International Declares Dividend
AIN Albany International Corporation
FMP Stock News
Original source text
PORTSMOUTH, N.H.--(BUSINESS WIRE)--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.28 per share on the Company's Class A Common Stock. The dividend is payable July 7, 2026, to shareholders of record on June 5, 2026. About Albany International Corp. Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses: Machine C.
2026-06-12 13:19 2mo ago
2026-05-18 08:00 3mo ago
Albany International Declares Dividend
AIN Albany International Corporation
FMP Stock News
Original source text
The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.28 per share on the Company’s Class A Common Stock.

The dividend is payable July 7, 2026, to shareholders of record on June 5, 2026.

About Albany International Corp.

Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses:

Machine Clothing is the world’s leading producer of custom-designed consumable belts, essential for the manufacture of paper, paperboard, tissue, and towel, as well as pulp, non-wovens, and a variety of other industrial applications. Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms. Albany International is headquartered in Portsmouth, New Hampshire, operates 25 facilities in 12 countries, employs approximately 5,700 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260518958672/en/
2026-06-12 13:19 2mo ago
2026-06-03 16:00 3mo ago
Albany Engineered Composites to Showcase Advanced Composite Technologies at the Farnborough International Airshow 2026
AIN Albany International Corporation
FMP Stock News
Original source text
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany Engineered Composites (AEC), a segment of Albany International Corp. (NYSE: AIN), today announced it will exhibit at the Farnborough International Airshow 2026 from July 20–24, 2026, in Hall 3, Booth 3330. At the world's premier annual aerospace industry event, AEC will highlight its state-of-the-art composite solutions and vertically integrated manufacturing capabilities supporting current and next-generation commercial aerospace, defense, missile, spac.
2026-06-12 13:19 2mo ago
2026-06-04 07:30 3mo ago
Albany International Announces Participation at Upcoming Conferences
AIN Albany International Corporation
FMP Stock News
Original source text
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today announced that it will participate in the upcoming Wells Fargo 16th Industrials & Materials Conference in Chicago and the 2026 Truist Industrial & Services Conference in New York. At the Wells Fargo Conference, Gunnar Kleveland, Chief Executive Officer and Will Station, Chief Financial Officer, will participate in a fireside chat on Wednesday, June 10, 2026, at 10:15 AM CT. An audio webcast of the Wells Fargo.
2026-06-12 13:19 2mo ago
2026-06-04 20:45 3mo ago
Is It Too Late to Buy Albany International Corp (AIN) After 7.7% Rally? GF Value Says Undervalued
AIN Albany International Corporation
FMP Stock News
Original source text
On June 04, 2026, Albany International Corp AIN shares rose 7.7% today, closing at $68.69. This follows a strong price performance over the last month, where shares have increased by 20.1%. The stock has traded between $41.15 and $73.00 over the past year, highlighting significant volatility.

GF Value™ verdict: Current price is $68.69, compared to a fair value of $84.09, indicating the stock is 18.3% undervalued. GF Score™ of 70/100 indicates the company is rated as Above Average based on key financial metrics. Notable signal: Momentum rank is 7/10, suggesting positive short-term price trends. Is AIN Overvalued or Undervalued? Albany International Corp's current price of $68.69 is significantly below the GF Value™ of $84.09, suggesting that the stock is undervalued by 18.3%. This margin of safety presents a potential opportunity for investors looking for stocks with a favorable risk-reward profile. The GF Valuation label characterizes the stock as Modestly Undervalued, which may attract those seeking investments with intrinsic value that is not fully recognized by the market. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While the undervaluation indicates a potential buying opportunity, investors should remain cautious. Factors such as financial strength and growth rank (2/10) may suggest underlying challenges that could impact future performance. Therefore, while the current pricing seems favorable in terms of GF Value™, it is essential to consider the broader financial context before making any decisions.

How Does AIN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 26.5x 25.6x The current forward P/E of 26.5x is slightly above the 5-year median P/E of 25.6x. This suggests that the stock is trading at a premium compared to its historical valuation. The P/E analysis aligns with the GF Value™ verdict, which indicates that the stock is undervalued. However, the higher current P/E ratio may warrant further scrutiny regarding the sustainability of its valuation moving forward.

What Does AIN's GF Score™ Tell Us? Metric Rating GF Score™ 70/100 Financial Strength 4/10 Profitability 7/10 Growth 2/10 Valuation 8/10 Momentum 7/10 The GF Score™ of 70/100 reflects a solid performance in profitability (7/10) and valuation (8/10), indicating that while the company generates profits effectively, there may be room for improvement in growth (2/10) and financial strength (4/10). The relatively high momentum rank (7/10) suggests that the stock has been performing well in the short term, potentially appealing to trend-focused investors.

What Are Insiders Doing with AIN Stock? In the last three months, there have been no insider transactions reported for Albany International Corp. This absence of insider buying or selling may suggest that company executives believe the stock is fairly priced, or they may be anticipating future movements without taking immediate action. Investors often look to insider transactions as a signal of company health, so the lack of activity could be a neutral indicator at this time.

What This Means for Investors Based on the GF Value™ assessment, Albany International Corp AIN is currently undervalued, presenting a potential buying opportunity. However, investors should consider the company's financial strength and growth potential before making any decisions.

For the complete analysis, visit the Albany International Corp AIN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is AIN's GF Score™?

AIN's GF Score™ is 70/100, indicating that the stock is rated as Above Average based on key financial metrics.

Is AIN overvalued or undervalued?

AIN is currently undervalued, with a GF Value™ of $84.09 compared to its current price of $68.69.

What is AIN's P/E ratio?

AIN's forward P/E is 26.5x, which is slightly above its 5-year median P/E of 25.6x, suggesting it is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-12 13:19 2mo ago
2026-06-09 08:30 3mo ago
Albany International Issues 2025 Sustainability Report
AIN Albany International Corporation
FMP Stock News
Original source text
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its annual Sustainability Report, highlighting the company's achievements and commitments to sustainability and innovation in 2025. “Our foundation is supporting our customers with continued innovation and building a resilient organization, and our sustainability strategy is critical to meet those objectives. We are proud to showcase our progress over the last year in our annual sustainab.
2026-06-12 13:19 2mo ago
2026-06-11 16:30 2mo ago
Albany International Reports Progress with Cyclezyme on Industrial Textile Recycling Project
AIN Albany International Corporation
FMP Stock News
Original source text
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reports continued progress in the ongoing project with Cyclezyme AB, a leader in advanced enzyme-based plastic recycling, based in Sweden. The project exemplifies leading edge innovation in materials science, focusing on the development of enzyme-based recycling of industrial textiles primarily consisting of polyester and polyamide, where there is currently a significant lack of effective solutions for circular mater.
2026-06-12 13:18 2mo ago
2026-05-29 08:34 3mo ago
SentinelOne, Inc. (S) Q1 2027 Earnings Call Transcript
S SentinelOne
FMP Stock News
Original source text
SentinelOne, Inc. (S) Q1 2027 Earnings Call Transcript
2026-06-12 13:18 2mo ago
2026-05-29 09:45 3mo ago
SentinelOne: The Layoff Panic Feels Like An Overreaction
S SentinelOne
FMP Stock News
Original source text
SentinelOne: The Layoff Panic Feels Like An Overreaction
2026-06-12 13:18 2mo ago
2026-05-29 10:00 3mo ago
A Microcap Just Staked a Claim in the AI Agent Security Land Grab
S SentinelOne
FMP Stock News
Original source text
Issued on behalf of Integrated Cyber Solutions Inc. dba Integrated Quantum Technologies (CSE: ICS) (OTCQB: IGCRF) (FSE: Y4G)

As enterprises rush to deploy autonomous AI agents, a new security problem is emerging that the old cybersecurity playbook wasn't built for — and a small Vancouver-based company just put a flag in the ground with a framework called MASQ.

USA News Group News Commentary

, /PRNewswire/ -- Every few years, enterprise technology produces a category that didn't exist the year before. In 2026, that category is AI agent security. Autonomous AI agents — software that can reason, make decisions, and take actions across a company's systems without a human pressing every button — are moving from pilot projects into production at remarkable speed. And with them comes a problem the traditional security stack was never designed to solve: how do you control what an AI agent is allowed to see, what it's allowed to do, and how its internal reasoning is protected while it's doing it?

Integrated Cyber Solutions Inc., doing business as Integrated Quantum Technologies (CSE: ICS) (OTCQB: IGCRF) (FSE: Y4G), just announced its answer. The company has initiated the patent process for MASQ™ — short for Machine Action Security Quotient — a governance and security framework built specifically for AI agents and autonomous AI systems.

What MASQ is actually trying to solve

The pitch is straightforward once you see the problem it targets. Today's AI agents don't just answer questions; they connect to APIs, call external tools, query enterprise databases, and increasingly talk to other agents through emerging plumbing like MCP (Model Context Protocol) servers. Each of those connection points is a place where an agent could access something it shouldn't, take an action nobody authorized, or leak sensitive information held in its working memory.

MASQ is designed to sit across those control points and govern four things: what permissions and actions an agent is authorized to perform; what enterprise systems and data it can reach; how it interacts with APIs, external tools, and MCP servers; and — the most distinctive piece — how the sensitive information inside an agent's context window, internal attention states, and reasoning environment is protected during machine-to-machine interaction. That last element is the part most traditional cybersecurity architectures simply don't address, because they were built to protect networks and endpoints, not the live reasoning state of an autonomous machine.

"AI agents are becoming increasingly autonomous and interconnected, and organizations will require governance systems capable of controlling not only what agents can access and execute, but also how sensitive contextual reasoning data is protected during machine-to-machine interaction," said Jeremy J. Samuelson, EVP, Artificial Intelligence & Innovation at Integrated Quantum, who joined the company in January 2026 after serving as Principal Data and AI Scientist for Digital Identity Engineering at Equifax and is credited as the inventor of the company's VEIL technology. "This patent initiative reflects our continued focus on building foundational infrastructure for secure enterprise AI deployment."

A piece of a bigger platform

MASQ isn't a standalone bet. The company intends it to become a core component of its broader AIQu™ platform — a security-first, privacy-preserving, and what the company describes as quantum-resilient AI infrastructure layer. AIQu's first commercial product, VEIL™ (Vector-Encoded Information Layer), is the company's patent-pending technology aimed at protecting sensitive data across the enterprise AI and machine-learning pipeline by reducing the need to expose raw data in the first place. The company also markets a SecureGuard360™ cybersecurity platform and a managed-services offering.

It's worth being precise about where MASQ stands today, because the language matters. The company has initiated the patent process and engaged intellectual property counsel — this is the beginning of a filing effort, not a granted patent or even, on its face, a completed application. MASQ is described as "being developed." For investors, that distinction is the difference between a roadmap and a shipping product, and it should be read as the former. The company's earlier AIQu provisional patent filing (30 claims, filed in January 2026) is a separate matter from this MASQ initiative.

Why the timing is the story

The reason a framework like MASQ is getting attention has less to do with this one microcap and more to do with how fast the surrounding market is moving. The numbers from the established players tell the story.

In January 2026, Gartner projected that AI-cybersecurity spending — covering both securing AI and using AI to defend — would grow at a roughly 74% compound annual rate from 2024 through 2029, more than double the growth rate of AI spending overall. That is the kind of forecast that pulls every serious security vendor into the space, and they have arrived. The agentic-AI-security category now has real product from the largest names in cybersecurity, which is both validation of the thesis and a sharp reminder of how much competition a microcap faces.

How IQT sits among the companies defining this space

To understand the market MASQ is entering, it helps to look at what the established public companies are already shipping. These are not peers of IQT in scale — they are giants, and the contrast is the point: IQT is a microcap staking an early claim in a category these companies are pouring resources into.

CrowdStrike (NASDAQ: CRWD) has moved aggressively into agentic security, launching its Charlotte AI AgentWorks ecosystem and tools explicitly designed to secure AI agents and govern "shadow AI" across endpoints, SaaS, and cloud. CrowdStrike's scale — and the breadth of its launch partners — illustrates how central agent governance has become to the enterprise security roadmap.

Palo Alto Networks (NASDAQ: PANW) made the category's biggest statement by completing its roughly US$25 billion acquisition of identity-security leader CyberArk in February 2026, explicitly to secure "human, machine, and agentic identity." That deal — one of the largest in cybersecurity history — is the clearest possible signal that controlling what autonomous agents can access and do is now seen as foundational infrastructure, not a niche feature.

Okta (NASDAQ: OKTA) has reframed identity itself around the agentic era with "Okta for AI Agents," a platform (generally available April 30, 2026) built to discover both sanctioned and unsanctioned AI agents, treat them as governed identities, and apply lifecycle controls. Okta's framing — that identity becomes a runtime system continuously evaluating what an agent does — maps closely to the problem MASQ describes.

SentinelOne (NYSE: S) introduced Prompt AI Agent Security, a real-time discovery and governance control plane for AI agents and agentic workflows that explicitly enforces policy across MCP servers operating in a customer's environment — the same machine-to-machine connection layer MASQ targets. SentinelOne's product is perhaps the closest functional analog to what IQT describes, deployed at enterprise scale.

The honest takeaway from that lineup cuts both ways. On one hand, the presence of CrowdStrike, Palo Alto, Okta, and SentinelOne validates that AI agent governance is a real and rapidly growing market. On the other, it means a pre-revenue microcap with a framework still in development is entering a field crowded with extraordinarily well-resourced incumbents. Both things are true at once, and investors should hold them together.

The market-awareness piece

Alongside the MASQ news, IQT announced two business-development moves. It appointed Euroswiss Capital Partners Inc., a Switzerland-based capital-markets advisory firm, as a strategic marketing and financial-advisory partner under a 12-month, non-exclusive consulting agreement (fixed fee of $100,000) to raise the company's profile across central Europe; an affiliate of Euroswiss holds 200,000 common shares, and the agreement was negotiated at arm's length. Separately, the company entered an investor-awareness agreement to support North American financial-news distribution. These are visibility initiatives — the kind small-cap issuers commonly use to broaden their investor reach — and they should be understood as marketing arrangements rather than indicators of commercial traction for MASQ itself.

The bottom line

MASQ is an early-stage idea aimed squarely at a real and fast-growing problem. The thesis behind it — that autonomous AI agents need a governance layer purpose-built for what they can access, what they can do, and how their reasoning is protected — is being independently validated by the largest companies in cybersecurity, which are spending billions to address exactly that. That's the bull case.

The bear case is equally plain: IQT is a microcap that has initiated a patent process on a framework still in development, in a category where it competes against some of the best-capitalized security companies on the planet. Whether MASQ becomes a defensible product, a licensed piece of intellectual property, or simply an early marker of ambition is a question that only execution — and time — will answer. What the company has done is plant a flag in one of the most consequential enterprise-technology shifts of the decade. What it builds on that claim is the part still to be written.

For full company detail and ongoing updates, visit IQT's USA News Group landing page: https://usanewsgroup.com/ics-landing/

Contact:

USA News Group
[email protected]
604-265-2873

Sources:

Integrated Cyber Solutions Inc. dba Integrated Quantum Technologies, "Integrated Quantum Technologies Debuts MASQ™, an AI Agent Governance and Security Architecture, Initiates Patent Process, and Announces Strategic Market Awareness Initiatives," Newsfile Corp., May 28, 2026.Integrated Quantum Technologies, "Files Provisional Patent for Post-Quantum AI Infrastructure Platform, AIQu" (30 claims; VEIL™), January 13, 2026; EVP AI appointment (Jeremy Samuelson), January 2026.CrowdStrike Holdings, "CrowdStrike Launches the Charlotte AI AgentWorks Ecosystem," March 25, 2026; "Secure AI Agents and Govern Shadow AI," March 2026.Palo Alto Networks, "Palo Alto Networks Completes Acquisition of CyberArk to Secure the AI Era," February 11, 2026.Okta, "Okta announces new blueprint for the secure agentic enterprise" / "Okta for AI Agents" (GA April 30, 2026), March 2026.SentinelOne, "SentinelOne Unveils New AI Security Offerings" (Prompt AI Agent Security; MCP-server policy enforcement), March 23, 2026; Gartner AI-cybersecurity spend forecast (~73.9% CAGR, 2024–2029), January 2026.DISCLAIMER:

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group (MIQ). MIQ has been paid a fee for Integrated Cyber Solutions (ICS). advertising and digital media from the company directly. There may be 3rd parties who may have shares of ICS, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns shares of ICS which were purchased in the open market, and/or through private placements, and reserve the right to buy and sell, and will sell shares of ICS at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by ICS; this is a paid advertisement, we currently own shares of ICS and will sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Logo: https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/a-microcap-just-staked-a-claim-in-the-ai-agent-security-land-grab-302785726.html

SOURCE USA News Group
2026-06-12 13:18 2mo ago
2026-05-29 10:30 3mo ago
SentinelOne stock drops 12% as cyber firm trims headcount to boost AI investments
S SentinelOne
FMP Stock News
Original source text
SentinelOne's stock dropped after announcing plans to trim 8% of its full-time workforce to focus on AI and data investments. The cyber firm also issued lackluster guidance for the current quarter and full year.
2026-06-12 13:18 2mo ago
2026-05-29 11:26 3mo ago
SentinelOne shares slide despite earnings beat as weak outlook weighs
S SentinelOne
FMP Stock News
Original source text
SentinelOne Inc. (NYSE: S) shares fell nearly 11% on Friday after the cybersecurity company topped earnings estimates but issued softer-than-expected second-quarter revenue guidance and announced a roughly 8% workforce reduction.

The company reported first-quarter fiscal 2027 revenue of $276.7 million, just below the Wall Street consensus of $277.3 million but within its own guidance range.

Adjusted EPS of $0.04 beat the $0.02 analyst estimate.

Annual recurring revenue rose 23% year-over-year to $1.16 billion, slightly above estimates. Net new ARR reached a record $44 million, up 55% year-over-year, marking the fourth consecutive quarter of positive net new ARR growth. Remaining performance obligations grew 30% year-over-year to a record $1.5 billion.

Non-endpoint solutions, including AI, data, and cloud, now represent approximately half of total ARR. AI security ARR nearly doubled sequentially, while the company's Flex offering surpassed $200 million in total contract value in under three quarters since launch.

For the second quarter, SentinelOne guided for revenue of $289 million to $291 million, below the Street's estimate of approximately $292 million. The guidance includes an estimated $25 million restructuring charge tied to the workforce reduction, which is expected to generate approximately $45 million in annualized savings. Full-year non-GAAP EPS guidance of $0.32 to $0.38 bracketed the consensus estimate of $0.34.

Wedbush maintained its Outperform rating and $20 price target, saying the company is "sharpening its operating model" under new CFO Sonalee Parekh and remains well positioned in AI security.

Bank of America was more constructive, upgrading the stock to Buy from Neutral and raising its price target to $20 from $16. The bank called the post-market selloff an attractive entry point, citing durable 20%-plus revenue growth and a clear path to margin expansion, and characterized the conservative guidance as a deliberate reset under new leadership rather than a sign of weakening demand.
2026-06-12 13:18 2mo ago
2026-05-29 13:44 3mo ago
SentinelOne: Irrational Penalty Box
S SentinelOne
FMP Stock News
Original source text
SentinelOne, Inc. dips 15% post-earnings, despite robust ARR and margin improvements. The cybersecurity company posted 21% revenue growth and 23% YoY ARR growth, with AI-driven ARR nearly doubling and significant margin expansion. The company didn't guide up for FY27 with a revenue target of  $1.2 billion (20% growth), with strong free cash flow and $812 million in cash.
2026-06-12 13:18 2mo ago
2026-05-29 14:06 3mo ago
SentinelOne Q1 Earnings Beat, Revenues Increase Y/Y, Shares Rise
S SentinelOne
FMP Stock News
Original source text
Key Takeaways S reported Q1 FY2027 EPS of 4 cents, beating estimates by 100% as revenues rose 21% Y/Y.ARR rose 23% to $1.16B, with customer growth reaching 1,702 accounts above $100K ARR.S raised FY2027 outlook, lifting operating income and EPS guidance for the year ahead. SentinelOne (S - Free Report) reported first-quarter fiscal 2027 earnings of 4 cents per share, which surpassed the Zacks Consensus Estimate by 100%. The company registered earnings of 2 cents per share in the year-ago quarter.

Revenues of $276.7 million increased 21% year over year but missed the consensus mark by 0.2%.

As of April 30, 2026, annualized recurring revenues (ARR) grew 23% year over year to $1.16 billion. Customers with more than $100,000 in ARR increased 17% year over year to 1,702, driven by continued momentum in enterprise expansion and strong adoption of the company’s platform solutions.

SentinelOne’s shares were up 0.39% at the time of writing this article. The company's shares have increased 20.1% in the year-to-date period, surpassing the Zacks Computer & Technology sector’s rise of 19.2%.

SentinelOne’s Operating HighlightsAdjusted gross profit was 77% in the reported quarter, which contracted roughly 200 bps year over year.

Total operating expenses of $202.2 million increased 9.1% year over year due to higher research and development expenses (up 28.1% year over year), general and administrative expenses (up 11.1% year over year), partially offset by sales and marketing expenses (down 0.2% year over year).

Non-GAAP operating income totaled $10.5 million compared to an operating loss of $3.9 million in the year-ago quarter.

SentinelOne’s Balance Sheet Remains StrongAs of April 30, 2026, SentinelOne had cash, cash equivalents and investments of $812 million.

Operating cash flow was $38.5 million in the quarter.

Adjusted free cash flow was $61.4 million compared with $45.4 million reported in the year-ago quarter, while adjusted free cash flow margin improved to 22% from 20%.

S Offers Q2 and FY27 GuidanceFor the second-quarter fiscal 2027, SentinelOne expects revenues between $289 million and $291 million.

The company expects non-GAAP operating income in the range of $23-$25 million.

Non-GAAP earnings are expected to be between 6 cents and 8 cents per share for the second-quarter fiscal 2027.

For fiscal 2027, revenues are still forecasted to be between $1.195 billion and $1.205 billion.

The company raised its non-GAAP operating income outlook to $115-$125 million.

Non-GAAP earnings are expected to be between 32 cents and 38 cents per share for fiscal 2027.

SentinelOne’s Zacks Rank & Stocks to ConsiderCurrently, S carries a Zacks Rank #3 (Hold).

Micron Technology (MU - Free Report) , Ciena (CIEN - Free Report) and Amphenol (APH - Free Report) are some better-ranked stocks that investors can consider in the broader Zacks Computer and Technology sector. MU and CIEN each sport a Zacks Rank #1 (Strong Buy), while APH carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Micron Technology shares have soared 225% in the year-to-date period. The company is scheduled to release third-quarter fiscal 2026 results on June 24.

Ciena shares have returned 143.9% in the year-to-date period. The company is set to report second-quarter fiscal 2026 results on June 4.

 Amphenol shares have gained 9.3% in the year-to-date period. The company is expected to report second-quarter fiscal 2026 results on July 29.
2026-06-12 13:18 2mo ago
2026-05-29 14:45 3mo ago
SentinelOne: No SaaSpocalypse Doesn't Make It A Buy
S SentinelOne
FMP Stock News
Original source text
SentinelOne, Inc. remains rated Hold, as competitive pressures dampen growth and compress gross margins despite robust AI-driven cybersecurity offerings. Revenue and ARR growth accelerated minimally, while $100K+ ARR customer growth slowed as a reflection of fierce industry competition. Operating leverage improvements are driving profitability, with operating margin rising to 3.8% and FY2027 guidance implying further margin expansion.
2026-06-12 13:18 2mo ago
2026-05-29 16:24 3mo ago
Why SentinelOne Stock Is Sinking Today
S SentinelOne
FMP Stock News
Original source text
On the heels of the company's recent quarterly release, SentinelOne (S 0.34%) stock moved lower in Friday's trading. The company's share price ended the daily session down 8.2% and had been off as much as 15.3% earlier in trading.

For the first quarter of its 2027 fiscal year, SentinelOne reported earnings per share that surpassed Wall Street's target and sales that fell slightly short of the average analyst estimate. The first quarter of the company's 2027 fiscal year ended April 30, 2026.

Image source: Getty Images.

SentinelOne moved lower on mixed fiscal Q1 results SentinelOne recorded non-GAAP (adjusted) earnings per share on sales of $276.66 million in fiscal Q1. While adjusted earnings per share came in $0.02 higher than the average analyst estimate, revenue missed the average forecast by $0.77 million. With sales still up 20.8% year over year in the quarter, the company's Q1 sales miss would have been less concerning were it not for other news and guidance from the cybersecurity specialist.

Today's Change

(

-0.34

%) $

-0.05

Current Price

$

14.74

What's next for SentinelOne? In light of strong bullish momentum for cybersecurity stock valuations, investors were hoping for SentinelOne to deliver a strong beat-and-raise quarter. Meanwhile, the company wound up reiterating its guidance for sales to be between $1.195 billion and $1.205 billion for the current fiscal year. Even though the company raised its operating income forecast, news that the company is conducting significant layoffs has some investors concerned about what the impact could be on the sales expansion trajectory.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SentinelOne. The Motley Fool has a disclosure policy.
2026-06-12 13:18 2mo ago
2026-06-01 06:11 3mo ago
1 Growth Stock Down 78% to Buy on the Dip, According to Wall Street
S SentinelOne
FMP Stock News
Original source text
SentinelOne (S 0.34%) developed a cybersecurity platform called Singularity, which protects enterprise cloud networks, endpoints (computers and devices), and everything in between. It's powered by artificial intelligence (AI), enabling automation across key threat detection and incident response processes.

While SentinelOne stock is trading in the green this year, it's still down 78% from its record high set during the tech market frenzy in 2021. Its valuation was simply unsustainable back then, but it's now cheaper than each of its rivals in the AI-powered cybersecurity space, which could be an opportunity for investors.

In fact, the majority of the analysts tracked by The Wall Street Journal have rated SentinelOne a buy, and their average price target points to more upside ahead. Read on.

Image source: The Motley Fool.

Cybersecurity for the AI era AI can be a dangerous technology in the wrong hands, with bad actors using it to stage sophisticated cyber-attacks at machine speed. As a result, holistic wall-to-wall cybersecurity platforms have never been more important. Singularity not only protects against breaches, but it also has powerful remediation features to help enterprises restore their networks if they succumb to a successful attack, which minimizes disruptions.

However, many businesses are also deploying AI at a rapid pace, which is creating new attack surfaces for hackers to exploit. SentinelOne launched a new tool called Prompt Security to address this challenge; it performs constant risk assessments and enforces pre-set policies in real time when AI agents are active in corporate networks, and it also secures the use of coding assistants like Anthropic's Claude Code to prevent sensitive data from leaking to third parties.

Preventative tools like Prompt Security will be increasingly important as AI is deployed more broadly across the corporate sector, because they ensure businesses adopt a secure posture from the start.

Today's Change

(

-0.34

%) $

-0.05

Current Price

$

14.74

Accelerating revenue growth and an improving bottom line SentinelOne had a record $1.16 billion in annual recurring revenue (ARR) at the end of its fiscal 2027 first quarter (which concluded on April 30). It was a 23% increase from the year-ago period, which actually marked an acceleration from the 22% growth the company produced three months earlier in the fourth quarter of fiscal 2026. This is a sign of significant positive momentum in the business.

The result was even more impressive considering management actually reduced marketing spending on a year-over-year basis during the quarter. In fact, SentinelOne's total operating expenses grew by just 7%, which was almost entirely from an increase in research and development spending. This allowed more money to flow to the bottom line.

SentinelOne still lost $76.1 million during the quarter on a generally accepted accounting principles (GAAP) basis, but that was a 63% reduction from its year-ago loss of over $208 million. But it gets even better, because after excluding one-off and non-cash expenses, the company was actually profitable to the tune of $12.2 million.

If SentinelOne can achieve GAAP profitability on a consistent basis, management will have more flexibility to invest aggressively in growth, which could drive further momentum at the top line.

Wall Street is bullish on SentinelOne stock The Wall Street Journal tracks 39 analysts who cover SentinelOne stock, and 21 of them have given it a buy rating. Two others are in the overweight (bullish) camp, while the remaining 16 recommend holding. None of the analysts recommend selling.

Their average price target of $19.26 implies a modest potential upside of 16% over the next 12 months, but the Street-high target of $26 suggests a juicier potential upside of 57% might be in the cards instead. I think the latter outcome is realistic because of SentinelOne's attractive valuation.

Based on the company's trailing 12-month revenue, its stock is trading at a price-to-sales (P/S) ratio of just 5.3, making it far cheaper than its rivals in the AI cybersecurity space. They include CrowdStrike, Palo Alto Networks, and Zscaler:

CRWD PS Ratio data by YCharts

CrowdStrike is a much bigger company than SentinelOne, with over $5.2 billion in ARR. Plus, it grew its ARR by 24% during its last reported quarter compared to 23% growth for SentinelOne. For those reasons, CrowdStrike deserves its premium valuation, but I would argue a sevenfold premium to SentinelOne is far too much. I'm not suggesting SentinelOne will close the gap completely, but there's certainly room for upside.

For example, a 57% gain in SentinelOne stock would take its P/S ratio to 8.3, so it would still be cheaper than CrowdStrike by several orders of magnitude. As a result, I think even Wall Street's most bullish 12-month price target is achievable.
2026-06-12 13:18 2mo ago
2026-06-02 12:11 3mo ago
Forget C3.ai: Buy This Unstoppable Artificial Intelligence Security Anchor Under $20 Instead
S SentinelOne
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

C3.ai (NYSE:AI | AI Price Prediction) keeps grabbing headlines as the pure-play enterprise AI software ticker, with a shiny new CEO promising a turnaround and bargain-hunters circling a stock that has shed 59.13% over the past year. But here’s what you should actually be watching.

The C3.ai story is broken The most recent quarter was a disaster dressed up as a restructuring. Q3 FY26 revenue came in at $53.26 million, missing consensus by 29.59% and falling 46.08% year over year. GAAP gross margin collapsed to 17% from 59% a year earlier. Non-GAAP EPS landed at -$0.40 versus a -$0.29 estimate, and free cash flow worsened to -$56.20 million.

Management slashed full-year FY26 revenue guidance to $246.7 million to $250.7 million, down from a prior outlook of $447.5 million to $484.5 million. Founder Thomas Siebel stepped aside citing health issues, a new CEO is six months into a top-to-bottom reorganization, and Wall Street is unimpressed: the consensus analyst target sits at just $8.82, with three sell and three strong sell ratings against a single buy. This is a workout.

The smarter AI trade trades for less than $20 SentinelOne (NYSE:S) closed at $18.71 on May 22, up 27.89% over the past month and 24.73% year to date. It fits the under-$20 mandate, sits at the intersection of AI and cybersecurity, and unlike C3.ai, the fundamentals are accelerating in the right direction. Three points make the case.

1. Profitability has inflected. Q3 FY26 revenue rose 22.9% to $258.91 million, non-GAAP EPS came in at $0.07 against a -$0.175 estimate, and non-GAAP operating margin hit a record 7%, an improvement of roughly 1,200 basis points year over year. Annual recurring revenue crossed $1.06 billion, and free cash flow was a positive $15.90 million.

2. The AI security mix is the real story. Roughly 50% of quarterly bookings now come from emerging Data, AI, and Cloud products, with the Data segment posting triple-digit bookings growth on AI SIEM demand. Purple AI, the Observo AI data-streaming acquisition, and the Prompt Security acquisition for GenAI runtime protection put SentinelOne directly in the path of every enterprise asking how to secure AI workloads. CEO Tomer Weingarten framed it bluntly: “Our early-mover advantage and approach for both AI for Security and Security for AI is resonating with customers.”

3. The scoreboard already shows it. Large customers paying $100,000-plus in ARR climbed to 1,572, up 20%. Management has repurchased $101.9 million of stock through the first nine months, FedRAMP High authorization is expanding the federal footprint, and analysts carry a consensus target of $18.74 with three strong buy and 21 buy ratings versus zero sells.

The action C3.ai is asking investors to underwrite a turnaround on a shrinking revenue base with 17% gross margins. SentinelOne is delivering 22.9% growth, a $1.06 billion ARR base, and the first sustained positive operating margin in its history, still trading under $20. SentinelOne’s accelerating fundamentals and sub-$20 price are worth tracking, with the next pullback offering a potential entry point for investors evaluating the AI security theme.
2026-06-12 13:18 2mo ago
2026-06-02 20:00 3mo ago
Is SentinelOne Stock a Buy After the Stock Tumbled?
S SentinelOne
FMP Stock News
Original source text
SentinelOne (S 0.34%) shares tumbled after it reported its fiscal first-quarter results, as investors worried about guidance and company-announced layoffs. However, the stock was able to recoup some of its losses and is still up around 12% on the year, as of this writing.

Let's dig into the cybersecurity stock's recent quarterly results to see if investors should buy the dip.

Today's Change

(

-0.34

%) $

-0.05

Current Price

$

14.74

Strong revenue growth continues SentinelOne saw its revenue growth accelerate in Q1 fiscal year 2027, climbing 21% to $276.7 million, up from 20% growth in Q4. That came in toward the middle of its $276 million to $278 million guidance projection. Adjusted earnings per share (EPS), meanwhile, doubled from $0.02 to $0.04 and came in above its guidance of $0.01 to $0.02.

Annual recurring revenue (ARR), which is the annualized value of its customer subscription and consumption-based contracts, also accelerated, increasing by 23% to $1.163 billion. It added net new ARR of $44 million in the quarter, up 55% year over year. Meanwhile, the number of customers with ARR of $100,000 or more increased by 17% to 1,702.

Following competitors, the company's flexible, consumption-based licensing model is gaining traction, with total contract value crossing $200 million in its first three quarters since launch. AI security ARR, meanwhile, nearly doubled in the quarter.

Turning to guidance, the company projected fiscal Q2 revenue between $289 million and $291 million, which would equate to around 20% growth. It expects adjusted EPS to be between $0.06 and $0.08. For the full year, it maintained its guidance for revenue in the range of $1.195 billion to $1.205 billion, representing 20% growth. It projected adjusted EPS of $0.32 to $0.38.

The company also announced it will lay off about 8% of its workforce, which will result in $45 million in annual cost savings.

Image source: The Motley Fool.

Is it time to buy the dip? SentinelOne continues to show solid growth that is similar to or better than its endpoint security peers CrowdStrike and Palo Alto Networks, but its guidance did not indicate that it was seeing the same type of growth acceleration as its larger rivals. Nonetheless, investors can pick up a cybersecurity stock with 20% revenue growth trading at a forward price-to-sales (P/S) multiple of under 5 times analysts' estimates, versus 30 times for CrowdStrike and 20 times for Palo Alto. While it shouldn't trade at the same multiple as its larger peers, the gap is insanely wide in my view.

As such, I'd pick up shares of this still solidly growing cybersecurity stock while it's on sale.
2026-06-12 13:18 2mo ago
2026-06-03 00:02 3mo ago
SentinelOne, Inc. (S) Presents at Bank of America 2026 Global Technology Conference Transcript
S SentinelOne
FMP Stock News
Original source text
SentinelOne, Inc. (S) Presents at Bank of America 2026 Global Technology Conference Transcript
2026-06-12 13:18 2mo ago
2026-06-03 17:05 3mo ago
Sherritt Announces Appointment of Interim CFO
S SentinelOne
FMP Stock News
Original source text
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced the appointment of Fitzroy Richardson as Interim Chief Financial Officer, effective immediately. Mr. Richardson's appointment will provide experienced financial leadership as the Corporation works to complete its outstanding quarterly filings, an important step toward seeking a revocation of the Failure-to-File Cease Trade Order issued by the Corporation's principal regulator o.
2026-06-12 13:18 2mo ago
2026-06-04 11:45 3mo ago
SentinelOne Named SOC Platform Leader in Latio Security Operations Market Report
S SentinelOne
FMP Stock News
Original source text
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SentinelOne has been named a SOC Platform Leader by Latio in the evaluation of Security Operations Center (SOC) platforms.
2026-06-12 13:18 2mo ago
2026-06-08 10:17 3mo ago
SentinelOne: A High-Potential, Cheap Cybersecurity Play
S SentinelOne
FMP Stock News
Original source text
SentinelOne delivered strong Q1'27 results, with 55% Y/Y net new ARR growth and robust enterprise customer traction for its Singularity platform. SentinelOne's expanding ARR business and new AI-driven products like Purple AI position it as a compelling cybersecurity play amid a rapidly growing global TAM. The stock's low revenue-based valuation appears unjustified given accelerating AI-driven adoption and the potential for further ARR growth.
2026-06-12 13:18 2mo ago
2026-06-10 09:00 3mo ago
SentinelOne Named Pax8's Partner's Most Valuable Vendor in EMEA at Beyond 2026
S SentinelOne
FMP Stock News
Original source text
SentinelOne® (NYSE: S), the AI Security leader, today announced it has received a Pax8 Beyond Partner’s Most Valuable Vendor Award in EMEA during Pax8’s 2026 Beyond conference. The awards program recognizes vendors that have a significant impact on the channel ecosystem through strategic partnerships, enhanced engagement, and strong dedication to partners.

"Strong partnerships produce real security outcomes. That is what Pax8 and SentinelOne have built together, for the MSPs we work with and the organizations they protect,” said Melissa K. Smith, SVP of Global Strategic Partnerships and Initiatives, SentinelOne. “Being recognized as Pax8's Most Valuable Vendor in EMEA reflects what happens when two teams align on the same goal: giving security practitioners the autonomous protection and operational support they need to stay ahead. We are committed to making that as easy as possible to deliver through the channel."

Held in Salt Lake City from June 7-9, Beyond 2026 provided Pax8 partners with three days of immersive learning, community and innovation. Attendees gained critical business insights through keynote presentations from industry leaders, custom-built breakout sessions and an expo hall with sponsoring vendors. 10 vendor awards were presented during the conference, recognizing the success, growth and innovation fueled by the vendors offered through the Pax8 Marketplace.

The collaboration between SentinelOne and Pax8, established in 2019, delivers advanced, AI-powered cybersecurity to managed service providers via a scalable and efficient model. By integrating solutions for endpoint protection, detection and response, the partnership provides small and medium-sized businesses with access to enterprise-level AI security. Through a shared focus on partner enablement, expanded product suites, and continuous innovation, the alliance empowers MSPs to safeguard their clients more reliably while confidently scaling their operations.

“Our vendor partners have been exclusively chosen to be part of the Pax8 Marketplace based on their innovation and specific use cases for MSPs, so to be awarded as one of our top vendors this year at Beyond 2026 is a true accomplishment,” said Oguo Atuanya, Corporate Vice President of Vendor Experience at Pax8. “A vendor’s unique offering, value to the partner community and collaboration with Pax8 are all hallmarks of a valued partnership. These award-winning vendors are leaders in our space driving advances that benefit MSPs and their SMB customers.”

About Pax8

Pax8 is the global AI and cloud Marketplace for small and medium-sized businesses (SMBs). Pax8 connects service providers and technology companies on a unified platform to discover, buy, sell, deploy and manage technology solutions for SMBs. More than 47,000 IT partners and 800,000 SMBs rely on Pax8 for expertise, automation and real-time insights to stay productive, protected and prepared for the AI economy. Learn more at pax8.com.

Follow Pax8 on Blog, Facebook, LinkedIn, X, and YouTube.

About SentinelOne

SentinelOne (NYSE: S) is the leader in AI security, setting the standard for using AI and automation to give defenders a decisive operating advantage. Built for those who secure our world, its platform delivers unified coverage across endpoints, identity, cloud, and AI. Powered by Autonomous Security Intelligence, SentinelOne stops attacks at machine speed, reducing risk and delivering clarity and control to stay one step ahead. Headquartered in Mountain View, California with teams worldwide, SentinelOne protects nearly one-fifth of the Fortune 500 and hundreds of Global 2000 enterprises. From Main Street to Wall Street, the world’s most critical organizations trust SentinelOne with their security.

Third-Party Disclaimer

All third-party product names, logos, and brands mentioned in this publication are the property of their respective owners and are for identification purposes only. Use of these names, logos, and brands does not imply affiliation, endorsement, sponsorship, or association with the third party.

Category: Investors

View source version on businesswire.com: https://www.businesswire.com/news/home/20260610498731/en/
2026-06-12 13:18 2mo ago
2026-06-10 09:00 3mo ago
SentinelOne Named Pax8's Partner's Most Valuable Vendor in EMEA at Beyond 2026
S SentinelOne
FMP Stock News
Original source text
The award celebrates SentinelOne’s role in delivering next-generation AI security solutions and driving growth for MSPs in the Pax8 ecosystem.

SALT LAKE CITY--(BUSINESS WIRE)--SentinelOne® (NYSE: S), the AI Security leader, today announced it has received a Pax8 Beyond Partner’s Most Valuable Vendor Award in EMEA during Pax8’s 2026 Beyond conference. The awards program recognizes vendors that have a significant impact on the channel ecosystem through strategic partnerships, enhanced engagement, and strong dedication to partners.

"Strong partnerships produce real security outcomes. That is what Pax8 and SentinelOne have built together, for the MSPs we work with and the organizations they protect,” said Melissa K. Smith, SVP of Global Strategic Partnerships and Initiatives, SentinelOne. “Being recognized as Pax8's Most Valuable Vendor in EMEA reflects what happens when two teams align on the same goal: giving security practitioners the autonomous protection and operational support they need to stay ahead. We are committed to making that as easy as possible to deliver through the channel."

Held in Salt Lake City from June 7-9, Beyond 2026 provided Pax8 partners with three days of immersive learning, community and innovation. Attendees gained critical business insights through keynote presentations from industry leaders, custom-built breakout sessions and an expo hall with sponsoring vendors. 10 vendor awards were presented during the conference, recognizing the success, growth and innovation fueled by the vendors offered through the Pax8 Marketplace.

The collaboration between SentinelOne and Pax8, established in 2019, delivers advanced, AI-powered cybersecurity to managed service providers via a scalable and efficient model. By integrating solutions for endpoint protection, detection and response, the partnership provides small and medium-sized businesses with access to enterprise-level AI security. Through a shared focus on partner enablement, expanded product suites, and continuous innovation, the alliance empowers MSPs to safeguard their clients more reliably while confidently scaling their operations.

“Our vendor partners have been exclusively chosen to be part of the Pax8 Marketplace based on their innovation and specific use cases for MSPs, so to be awarded as one of our top vendors this year at Beyond 2026 is a true accomplishment,” said Oguo Atuanya, Corporate Vice President of Vendor Experience at Pax8. “A vendor’s unique offering, value to the partner community and collaboration with Pax8 are all hallmarks of a valued partnership. These award-winning vendors are leaders in our space driving advances that benefit MSPs and their SMB customers.”

About Pax8

Pax8 is the global AI and cloud Marketplace for small and medium-sized businesses (SMBs). Pax8 connects service providers and technology companies on a unified platform to discover, buy, sell, deploy and manage technology solutions for SMBs. More than 47,000 IT partners and 800,000 SMBs rely on Pax8 for expertise, automation and real-time insights to stay productive, protected and prepared for the AI economy. Learn more at pax8.com.

Follow Pax8 on Blog, Facebook, LinkedIn, X, and YouTube.

About SentinelOne

SentinelOne (NYSE: S) is the leader in AI security, setting the standard for using AI and automation to give defenders a decisive operating advantage. Built for those who secure our world, its platform delivers unified coverage across endpoints, identity, cloud, and AI. Powered by Autonomous Security Intelligence, SentinelOne stops attacks at machine speed, reducing risk and delivering clarity and control to stay one step ahead. Headquartered in Mountain View, California with teams worldwide, SentinelOne protects nearly one-fifth of the Fortune 500 and hundreds of Global 2000 enterprises. From Main Street to Wall Street, the world’s most critical organizations trust SentinelOne with their security.

Third-Party Disclaimer

All third-party product names, logos, and brands mentioned in this publication are the property of their respective owners and are for identification purposes only. Use of these names, logos, and brands does not imply affiliation, endorsement, sponsorship, or association with the third party.

Category: Investors
2026-06-12 13:18 2mo ago
2026-06-10 15:01 3mo ago
Signal Says Software Stock Could Surge To 2022 Highs
S SentinelOne
FMP Stock News
Original source text
Software concern SentinelOne (S) is extending its recent pullback from its late May high of $18.81, last seen trading down 1.4% at $15.02 and heading for a fourth-straight drop. A historically bullish trendline has come into focus, however, leaving opportunity for bulls to make their move.

Daily S Since July 2025 With 100-Day Moving Average

Finviz

According to Schaeffer’s Senior Quantitative Analyst Rocky White, S is trading within 0.75 times the 100-day moving average’s 20-day average true range (ATR), after spending at least 80% of the previous two weeks and 80% of the prior 42 trading sessions above that trendline. This setup has appeared eight times during the last decade. One month later, the stock was higher 63% of the time after these signals, averaging an impressive 93% gain. A jump of similar magnitude would place S near $29 -- levels not seen since 2022.

At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock’s 10-day put/call volume ratio ranks in the 95th annual percentile. Plus, short interest represents 6.5% of the stock’s available float. In other words, bears have been circling the equity, and should this sentiment begin to unwind, it could trigger tailwinds.
2026-06-12 13:18 2mo ago
2026-05-07 22:51 4mo ago
Kontoor Brands, Inc. (KTB) Q1 2026 Earnings Call Transcript
KTB Kontoor Brands
FMP Stock News
Original source text
Kontoor Brands, Inc. (KTB) Q1 2026 Earnings Call Transcript
2026-06-12 13:18 2mo ago
2026-05-08 11:35 4mo ago
Kontoor Brands' Posts Higher Q1 Earnings, Plans Lee Divestiture
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways Kontoor Brands Q1 revenue rose 45% as Helly Hansen and Wrangler delivered growth.KTB plans to divest Lee in 2026 and approved a new $750M share repurchase program.Kontoor Brands expects FY26 operating income growth of 15%-17% with margin expansion. Kontoor Brands, Inc. (KTB - Free Report) 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 during 2026, resulting in the Lee business being reported under discontinued operations.

The company also stated that the divestiture is expected to be immaterial to earnings per share over a 12-to-18-month period, as the earnings contribution from Lee is anticipated to be offset through capital deployment initiatives, restructuring actions and mitigation of overhead and other previously allocated expenses.

KTB’s Q1 Key Metrics & InsightsAdjusted earnings per share from continuing operations totaled $1.06, up 71% from the 62 cents in the year-ago quarter. This includes a 26-cent contribution from Helly Hansen. Adjusted EPS also included 11 cents of overhead and other expenses that were previously allocated to the Lee business. Including the contribution from discontinued operations, adjusted earnings per share came in at $1.55. The Zacks Consensus Estimate for earnings is pegged at $1.17 per share.

Revenue from continuing operations increased 45% year over year to $613 million from $423 million, supported by contributions from the acquisition of Helly Hansen, which was completed during the second quarter of 2025. Including discontinued operations, revenues totaled $807.6 million. The Zack Consensus Estimate for revenues is pegged at $778 million.

KTB’s Brand Wise PerformanceWrangler brand global revenue increased 4% year over year (or 2% in constant currency) to $435.8 million, slightly missing the Zacks Consensus Estimate of $437 million. Wrangler U.S. revenue rose 1%, supported by a 6% increase in direct-to-consumer sales and a 1% increase in wholesale revenue. Wrangler international revenue increased 20%, driven by 38% growth in direct-to-consumer sales and a 17% increase in wholesale revenue compared with the prior-year period.

Helly Hansen’s global revenue increased 16% year over year on a pro forma basis to $176 million. Growth was balanced across channels in North America and Europe, while Workwear momentum remained strong. Including the China joint venture, Helly Hansen’s global revenue increased more than 20% on a pro forma basis. Sport and Workwear revenues totaled $120 million and $45 million, respectively, while Musto revenues were $11 million.

Kontoor Brands’ Margin & Cost PerformanceProfitability improved meaningfully on an adjusted basis. Adjusted gross margin from continuing operations expanded 470 basis points to 50.6% compared with the prior-year period, driven by the impact of Helly Hansen, benefits from Project Jeanius and favorable channel mix. These gains were partially offset by increased product costs net of pricing actions. Adjusted gross margin also included $1 million of overhead and other expenses previously allocated to the Lee business.

Adjusted Selling, general & administrative expenses (SG&A) expenses from continuing operations increased 60% year over year to $223.7 million from $139.9 million, with adjusted SG&A expenses representing 36.5% of revenue. The increase was primarily driven by the impact of Helly Hansen, higher demand creation and direct-to-consumer investments and volume-based variable expenses, partially offset by benefits from Project Jeanius. Adjusted SG&A expenses also included $7 million of overhead and other expenses previously allocated to the Lee business.

On an adjusted basis, operating income from continuing operations increased 60% year over year to $86.8 million, reflecting improved operating performance compared with the prior-year period.

Kontoor Brands’ Cash Returns Rise With New Buyback PlanCapital allocation was a major theme. The board approved a new $750 million share repurchase authorization that replaces the prior program. During the quarter, the company repurchased $25 million of shares under the previous authorization and indicated plans to use most proceeds from the planned Lee divestiture to accelerate future share repurchases. The company also declared a regular quarterly cash dividend of 53 cents per share.

Inventory was $464 million at quarter-end, including Helly Hansen. Kontoor ended the quarter with $56 million in cash and $1.14 billion of long-term debt, while management cited net debt of $1.1 billion.

KTB’s Outlook for Fiscal 2026For the first half of 2026, the company expects revenue from continuing operations in the range of $1.19 billion to $1.20 billion, supported by approximately 3% growth for Wrangler and high-single-digit pro forma growth for Helly Hansen. Lee's revenue is expected to be approximately $370 million and is now classified under discontinued operations. On a comparative basis, combined revenue guidance of $1.56 billion to $1.57 billion remains consistent with the company’s previous outlook.

For 2026, revenue, including discontinued operations, is now expected to be between $3.41 billion and $3.46 billion, up from the prior range of $3.40 billion to $3.45 billion. Revenues from continuing operations are expected to be between $2.66 billion and $2.71 billion. Lee’s revenues are expected to be approximately $750 million and are now classified under discontinued operations. It also expects solid full-year growth from the Wrangler and Helly Hansen brands.

The company expects adjusted gross margin in the range of 48.3% to 48.5%, representing an increase of 180 to 200 basis points year over year, supported by benefits from Project Jeanius, favorable channel and product mix and the contribution from Helly Hansen. Adjusted SG&A expenses are projected to increase approximately 18%, reflecting Helly Hansen's expense annualization and higher investments in demand creation and strategic initiatives. Adjusted operating income is expected to be in the range of $411 million to $418 million, representing 15% to 17% year-over-year growth, while capital expenditures are projected to be approximately $40 million.

Shares of this Zacks Rank 3 (Hold) company have gained 17.5% in the past three months against the industry’s 9.4% decline.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Carter’s, Inc. (CRI - Free Report) designs, sources, and markets branded children's wear in the United States and internationally. At present, CRI currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CRI’s current fiscal-year sales implies growth of 4.3%, and the same for earnings implies a decline of 13.8% from the year-ago figures. CRI delivered a trailing four-quarter negative earnings surprise of 100.8%, on average.

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company flaunts a Zacks Rank of 1.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM flaunts a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales implies growth of 2.3%, and the same for earnings indicates a decline of 1.9% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.
2026-06-12 13:18 2mo ago
2026-05-11 03:13 3mo ago
Kontoor Brands Q1 Earnings Call Highlights
KTB Kontoor Brands
FMP Stock News
Original source text
2 hours ago

Church & Dwight (NYSE:CHD) Director Robert Shearer Sells 8,600 SharesChurch & Dwight Co., Inc. (NYSE:CHD - Get Free Report) Director Robert Shearer sold 8,600 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares in the company, valued at $3,005,523.66. This trade represents a 21.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE:CHD
2026-06-12 13:18 2mo ago
2026-05-15 11:05 3mo ago
Why Kontoor Brands Is Betting Big on Wrangler and Helly Hansen?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways KTB pursues a Lee sale to sharpen focus on Wrangler and Helly Hansen growth.Wrangler posts 16 straight quarters of bottoms market share gains and DTC growth.Helly Hansen expands U.S. investments across retail, apparel and workwear categories. Kontoor Brands, Inc. (KTB - Free Report) stated that its decision to initiate a sales process for the Lee business reflects management’s confidence in the long-term opportunities within the Wrangler and Helly Hansen brands. Management emphasized that maintaining strategic focus remains central to the company’s approach, and concentrating resources and capital on growth-oriented brands is expected to help accelerate long-term growth and profitability. The move is also expected to provide greater flexibility in future capital allocation decisions.

Wrangler brand is a cornerstone of consistency, having achieved 16 consecutive quarters of market share gains in bottoms with low single-digit growth over the past three years, with fiscal 2025 marking one of the brand’s strongest performances. Growth has been supported by market share gains in core bottoms and double-digit expansion across female, Western and direct-to-consumer channels. Looking ahead, the company plans to accelerate investments in women’s denim, non-denim categories and digital capabilities, including AI and loyalty initiatives, to support long-term growth.

Helly Hansen continues to represent a significant global growth opportunity, with management expecting the brand to become a larger contributor to future revenue and profitability. The brand remains significantly underpenetrated in the United States. The company plans to accelerate investments across geographic expansion, product development, digital capabilities, retail growth and brand awareness initiatives. Additional focus is being placed on technical outdoor apparel, footwear, along with expanding workwear opportunities.

Overall, by sharpening focus on Wrangler and Helly Hansen, Kontoor Brands aims to accelerate growth, expand margins, strengthen brand positioning and unlock greater long-term value through disciplined investments and strategic capital allocation.

The Zacks Rundown for KTBShares of KTB have lost 5.6% in the past three months compared with the industry’s decline of 16.6%.

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 9.42X, lower than the industry’s average of 16.40X. KTB currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings has been revised downward to $5.20 per share from $6.46 per share, while the same for the next fiscal year earnings has been revised downward to $5.79 per share from $6.95 per share. 

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company flaunts a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM flaunts a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales implies growth of 2.4%, and the same for earnings indicates a decline of 0.8% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

V.F. Corporation ((VFC - Free Report) offers branded apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific. At present, VFC currently sports a Zacks Rank of 1.

The Zacks Consensus Estimate for VFC’s current fiscal-year sales implies a decline of 3.2%, and the same for earnings implies a growth of 10.8%, respectively, from the year-ago figures. VFC delivered a trailing four-quarter negative earnings surprise of 25.9%, on average.
2026-06-12 13:18 2mo ago
2026-05-18 13:41 3mo ago
Why Kontoor Brands Sees Huge White Space in the Outdoor Category?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways Kontoor Brands sees outdoor wear as a durable growth market within a $400B global opportunity.KTB views Helly Hansen's low U.S. brand awareness as a major long-term growth opportunity.Kontoor Brands is investing in innovation, footwear and expansion to boost outdoor growth. Kontoor Brands, Inc. (KTB - Free Report) sees significant white space in outdoor wear, supported by a combined $400 billion global addressable market. Management views the category as benefiting from structural tailwinds and rising demand for functional, activity-based brands, offering more durable and sustainable growth opportunities.

A primary driver for this optimism is Helly Hansen’s significant underpenetration in the United States, with management expecting the brand to become a major contributor to future revenue and profitability. The company highlighted the United States as a key growth market, noting that it is the world’s largest outdoor and workwear market. Although the United States is already among Helly Hansen’s fastest-growing regions, management believes the brand remains significantly underpenetrated relative to competitors. Currently, the aided brand awareness remains below 30%, highlighting substantial long-term expansion potential.

The company is increasing investments in product development, design and innovation to support further growth in technical outdoor apparel and footwear. Management highlighted that technical outdoor apparel and footwear represent the largest category within the broader outdoor market and provide a more balanced revenue and profit profile throughout the year. The strategy is also focused on supporting broader geographic expansion as part of the company’s long-term growth plans for the outdoor segment. These investments are expected to strengthen product capabilities, expand market reach and improve the overall growth profile of the business over time.

Kontoor Brands sees significant long-term upside in outdoor wear, driven by Helly Hansen’s underpenetrated U.S. opportunity, expanding technical product portfolio and rising global demand for functional, performance-focused apparel. Strategic investments in innovation, footwear and geographic expansion are expected to strengthen growth and profitability over time.

The Zacks Rundown for KTBShares of KTB have lost 8.7% in the past three months compared with the industry’s decline of 17.7%.

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 11.39X, lower than the industry’s average of 16.34X. KTB currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings implies a year-over-year decline of 7%, while the same for the next fiscal year earnings implies an 11.4% year-over-year increase.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company flaunts a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM flaunts a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales implies growth of 2.4%, and the same for earnings indicates a decline of 0.8% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

V.F. Corporation (VFC - Free Report) offers branded apparel, footwear, and accessories for men, women, and children in the Americas, Europe, and the Asia-Pacific. At present, VFC currently sports a Zacks Rank of 1.

The Zacks Consensus Estimate for VFC’s current fiscal-year sales implies a decline of 3.2%, and the same for earnings implies growth of 10.8%, from the year-ago figures. VFC delivered a trailing four-quarter negative earnings surprise of 25.9%, on average.
2026-06-12 13:18 2mo ago
2026-05-21 06:50 3mo ago
Kontoor Brands Enters Into Definitive Agreement to Sell Lee® Business to Authentic Brands Group
KTB Kontoor Brands
FMP Stock News
Original source text
GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced it has signed a definitive agreement to sell the Lee® business to Authentic Brands Group (Authentic) for up to $1 billion, including an initial transaction value of $750 million and a $250 million earnout opportunity in future years based on the performance of Lee under Authentic's ownership. The transaction is subject to required regulatory approvals and customary closing conditions. “The Lee transaction is a d.
2026-06-12 13:18 2mo ago
2026-05-21 07:00 3mo ago
Authentic Brands Group Signs Definitive Agreement to Acquire Lee®
KTB Kontoor Brands
FMP Stock News
Original source text
, /PRNewswire/ -- Authentic Brands Group (Authentic), a global brand and entertainment platform, today announced a definitive agreement to acquire Lee, one of the most recognized and enduring names in global denim, from Kontoor Brands, Inc. (NYSE: KTB).

“Built Like Lee” Fall 2025 campaign As the owner of some of the most iconic and beloved sports, fashion, media and entertainment intellectual property in the world, Authentic sees Lee as a natural fit for its global platform. Lee is a pioneer in denim and workwear with more than a century of cultural influence, innovation and craftsmanship behind it. Today, the brand generates approximately $1.5 billion in annual retail-equivalent sales across 73 countries, with nearly 40% coming from outside the US and Canada.

"What makes Lee so compelling is its legacy," said Jamie Salter, Founder and Executive Chairman of Authentic. "It's one of the most important names in denim, with more than a century of heritage, consumer awareness and cultural relevance already built in. At Authentic, we focus on preserving what consumers love about their favorite brands while putting the right partners, distribution and marketing strategies behind them to drive long-term growth. Lee is exactly the kind of brand we are built for."

Upon closing of the transaction, Authentic plans to convert the Lee business into a licensing model, leveraging its brand-building expertise, network of more than 1,700 best-in-class partners and powerful marketing and storytelling platform. The Company is in discussions with leading brand operators to support Lee's existing business and expand it across content, experiences and heritage-driven lifestyle categories.

The transaction is subject to certain standard closing conditions, including regulatory approval, and is expected to close in the second half of 2026.

Kirkland & Ellis LLP is acting as legal advisor to Authentic. Morgan Stanley is acting as financial advisor, and Foley & Lardner LLP is acting as legal advisor to Kontoor Brands, Inc.

Kontoor Brands, Inc. has also issued a separate press release regarding the transaction, available here.

About Authentic Brands Group

Authentic Brands Group (Authentic) is a leading sports, media, entertainment and lifestyle platform. As the owner of some of the most iconic and beloved intellectual property in the world, Authentic acquires and invests in brands to create long-term value for all of its stakeholders.

A digital-first, asset-light platform, Authentic sits at the intersection of culture, commerce and technology. It brings brands to life and cultivates fandom through powerful storytelling, premium content and unforgettable live experiences. Together with more than 1,700 best-in-class licensing partners across 150 countries and an expansive distribution network, Authentic's brands drive more than $36 billion in annual systemwide retail sales worldwide.

Authentic's diversified portfolio spans more than 50 brands and reaches nearly one billion social media followers. Its roster includes Reebok, Champion, Shaquille O'Neal, David Beckham, Kevin Hart, Sports Illustrated, Elvis Presley, Muhammad Ali, Marilyn Monroe, GUESS, Aéropostale, Nautica, Eddie Bauer, Lucky Brand, Nine West, Brooks Brothers, Juicy Couture, Vince Camuto, Izod, Van Heusen, Dockers, Ted Baker, Hart Schaffner Marx, Vince, Barneys New York, Judith Leiber, Quiksilver, Spyder, Billabong, Volcom, Roxy, RVCA, DC Shoes, Prince, Sperry and Hunter.

For more information, visit corporate.authentic.com. Follow Authentic on LinkedIn, Instagram and WeChat.

About Lee
Founded in 1889, Lee is one of the world's most iconic denim and casual apparel brands. Known for its heritage craftsmanship, innovation and timeless style, Lee has shaped generations of culture and self-expression through authentic American design.

Contact:
Haley Steinberg
[email protected]

SOURCE Authentic Brands Group
2026-06-12 13:18 2mo ago
2026-05-21 07:23 3mo ago
Kontoor to sell Lee denim brand to Reebok owner Authentic in up to $1 billion deal
KTB Kontoor Brands
FMP Stock News
Original source text
The label inside a denim shirt of U.S. company Lee is photographed at a denim store in Frankfurt, Germany, March 20, 2016. REUTERS/Kai Pfaffenbach Purchase Licensing Rights, opens new tab

CompaniesMay 21 (Reuters) - Kontoor Brands (KTB.N), opens new tab said on Thursday it had agreed to sell its Lee denim ​brand for up to $1 billion to Authentic Brands Group, ‌as the apparel maker streamlines its operations and focuses on higher-growth brands such as Wrangler.

The deal comprises an initial $750 million payment and a potential $250 ​million earnout tied to future performance under Authentic's ownership, Kontoor said.

Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.

Shares ​of Kontoor were up 1% in premarket trading.

The company, ⁠which was spun off from VF Corp in 2019, has faced ​persistent challenges with Lee, which has underperformed compared with Wrangler ​in recent years.

Lee has grappled with uneven demand, particularly in the U.S., and faced stiff competition in the mid-tier denim segment.

During it first quarter, Kontoor ​began a process to divest the Lee business, aiming to ​sharpen its focus on aligning the Kontoor brand portfolio with key opportunities, ‌the ⁠company said.

Authentic Brands, which owns a portfolio of fashion and lifestyle brands including Reebok and Guess, on Wednesday named Matt Maddox as its new chief executive officer, succeeding Jamie Salter who will ​transition to executive ​chairman.

Salter, founder ⁠of Authentic Brands, told CNBC he expected to take the company public within the next 12 ​months.

Authentic generates about $38 billion in "systemwide retail sales", primarily ​by ⁠licensing intellectual property of struggling brands to partners, according to its website.

Morgan Stanley is serving as financial adviser to Kontoor, while Foley & ⁠Lardner ​is acting as legal counsel.

The deal, which is expected ​to close in the second half of 2026 pending regulatory approvals, was unanimously ​approved by Kontoor's board.

Reporting by Sanskriti Shekhar in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-06-12 13:18 2mo ago
2026-05-21 07:27 3mo ago
Kontoor Brands to Sell Lee Business to Authentic Brands for Up to $1 Billion
KTB Kontoor Brands
FMP Stock News
Original source text
The sale is initially for $750 million and includes $250 million in potential future payment based on the performance of Lee.
2026-06-12 13:18 2mo ago
2026-05-21 19:44 3mo ago
Kontoor Brands Inc (KTB) Stock Up 6.6% and Still Undervalued -- GF Score: 82/100
KTB Kontoor Brands
FMP Stock News
Original source text
On May 21, 2026, Kontoor Brands Inc KTB shares rose 6.6% today, closing at $69.38. The stock has experienced a 52-week range of $53.55 to $87.00, reflecting significant volatility over the past year.

GF Value™ verdict: The current price of $69.38 is 8.8% below the GF Value™ estimate of $76.08, indicating the stock is undervalued.GF Score™: With a score of 82/100, KTB is categorized as a strong investment based on various financial metrics.Most notable signal: KTB has not seen any insider transactions in the last three months, indicating a period of stability among company leadership. Is KTB Overvalued or Undervalued? The current price of Kontoor Brands Inc KTB at $69.38 is below the GF Value™ estimate of $76.08, representing an 8.8% margin of safety for potential investors. This suggests that KTB is currently undervalued, with the possibility for growth as the market corrects itself. The GF Valuation label indicates that the stock is fairly valued, which can lead to opportunities for investors who are looking for stocks that may appreciate over time.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The current undervaluation implies that there could be a favorable opportunity for long-term investment, although potential investors should be mindful of any market or economic factors that may influence stock performance in the future.

How Does KTB's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 14.0x 14.9x Forward P/E 12.2x N/A Kontoor Brands' current P/E ratio of 14.0x is lower than its 5-year median P/E of 14.9x, indicating that the stock is trading below its historical valuation. Additionally, the forward P/E of 12.2x suggests a further discount compared to past performance. This P/E analysis is consistent with the GF Value™ verdict, reinforcing the notion that KTB may be undervalued at its current price.

What Does KTB's GF Score™ Tell Us? Metric Rating GF Score™ 82/100 Financial Strength 5/10 Profitability 8/10 Growth 5/10 Valuation 10/10 Momentum 8/10 The GF Score™ of 82/100 reflects a strong performance across various metrics, particularly in Valuation, where it scored a perfect 10/10. This indicates that KTB is currently attractively priced. However, the Financial Strength score of 5/10 suggests that there may be some weaknesses in its balance sheet or cash flow management. Profitability and Momentum scores of 8/10 indicate that the company is generating solid profits and has a strong market presence. Overall, the scores highlight KTB's strong valuation but imply caution regarding its financial stability.

What Are Insiders Doing with KTB Stock? In the last three months, there have been no insider transactions reported for Kontoor Brands Inc KTB . This lack of activity may suggest that insiders are confident in the company's current valuation and future prospects, or it could indicate a cautious approach amidst market fluctuations. Regardless, the absence of trades indicates stability in insider sentiment, which can be a positive signal for investors.

What This Means for Investors Based on the GF Value™ estimate, Kontoor Brands Inc KTB is currently undervalued at a price of $69.38 compared to the fair value of $76.08. This suggests that there may be potential for price appreciation in the future, but investors should consider other factors such as market conditions and the company's financial health before making any investment decisions.

For the complete analysis, visit the Kontoor Brands Inc KTB stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is KTB's GF Score™?

KTB's GF Score™ is 82/100, indicating a strong investment based on various financial metrics. Higher scores typically suggest higher long-term returns.

Is KTB overvalued or undervalued?

KTB is currently undervalued, with a GF Value™ estimate of $76.08 compared to its current price of $69.38.

What is KTB's P/E ratio?

KTB's P/E ratio is currently 14.0x, which is below its 5-year median P/E of 14.9x, suggesting the stock is trading at a lower valuation than in the past.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-12 13:18 2mo ago
2026-05-25 13:26 3mo ago
Can Kontoor Brands Unlock Faster Growth After Exit From Lee?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways Kontoor Brands sees Wrangler reaching a $5 billion global brand opportunity by 2030.Kontoor Brands expands investments in women's apparel, AI and loyalty initiatives.Helly Hansen drives growth plans through U.S. expansion and DTC investments. Kontoor Brands, Inc. (KTB - Free Report) expects to unlock faster growth following the divestiture of Lee to focus entirely on Wrangler and Helly Hansen, which management views as iconic brands with substantial global growth opportunities. The planned divestiture of Lee is expected to reduce operational complexity, support more focused investment decisions, accelerate execution and improve returns.

Kontoor Brands believes Wrangler can become a $5 billion global brand by 2030, supported by significant expansion opportunities across women’s apparel, non-denim categories and digital capabilities. Management highlighted that Wrangler’s female business currently represents only 10% of revenue despite the women’s denim market being larger than men’s, creating a substantial growth runway. The company also plans to accelerate investments in AI, loyalty programs and U.S. full-price store expansion, particularly across Western and Southern U.S. markets.

Helly Hansen continues to represent a significant global growth opportunity for Kontoor Brands as well, with management expecting the brand to become a major contributor to future growth and profitability. The company highlighted substantial expansion potential in the United States, where Helly Hansen remains underpenetrated despite being one of its fastest-growing markets. Management plans to accelerate investments across sport and workwear through increased spending on talent, direct-to-consumer capabilities, wholesale expansion and brand-building initiatives, while targeting a clear path toward double-digit growth in its home market.

Kontoor Brands also noted that streamlining its portfolio is expected to free up enterprise-level resources and investment capacity, allowing the company to further advance strategic initiatives and better position the brand for accelerated growth beginning in 2027 and beyond. Overall, the company’s sharper focus on Wrangler and Helly Hansen could accelerate long-term growth by unlocking higher-margin opportunities, expanding global reach and strengthening investments in digital, women’s apparel and outdoor categories.

The Zacks Rundown for KTBShares of KTB have gained 4.8% in the past three months against the industry’s decline of 12.4%.

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 12.86X, lower than the industry’s average of 17.32X. KTB currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings implies a year-over-year decline of 7%, while the same for the next fiscal year earnings implies a 11.4% year-over-year increase.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company carries a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM carries a Zacks Rank of 2.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales and earnings implies growth of 2.6% and 0.8% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

Superior Group of Companies, Inc. (SGC - Free Report) produces, manufactures, and sells promotional products and branded uniforms, and healthcare apparel and accessories in the United States and internationally. At present, SGC carries a Zacks Rank of 2.

The Zacks Consensus Estimate for SGC’s current fiscal-year sales and earnings implies a growth of 2% and 28.3%, respectively, from the year-ago figures. SGC delivered a trailing four-quarter negative earnings surprise of 81.9%, on average.
2026-06-12 13:18 2mo ago
2026-05-26 13:56 3mo ago
Can Kontoor Brands Navigate Through Macro Volatility Better Now?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways KTB highlights resilient demand trends across workwear and Western lifestyle products.Wrangler and Helly Hansen deliver broad-based growth across channels and regions.Kontoor Brands targets net leverage of 1.5x or lower after the Lee divestiture. Kontoor Brands, Inc. (KTB - Free Report) asserts that its pivot to a focused, function-based portfolio featuring Wrangler and Helly Hansen brands strengthens the company’s ability to navigate macroeconomic volatility. Management emphasized that function- and activity-based brands tend to deliver more durable, dependable and sustainable growth, while also providing stronger differentiation within the marketplace.

Kontoor Brands highlighted that despite ongoing macroeconomic uncertainty, consumer demand trends have remained relatively consistent. Management highlighted solid point-of-sale performance, lean inventory levels and broad-based growth across the business as key sources of confidence in the company’s longer-term trajectory. Growth within Wrangler has been supported by direct-to-consumer, female and other category expansion initiatives, while Helly Hansen continues to deliver broad-based growth across geographies, channels and product categories.

Additionally, demand across the company’s core customer base has remained resilient. Management highlighted that customers who rely on its products for work-related use and Western lifestyle activities continue purchasing consistently. The company also noted ongoing momentum in its international business and highlighted strong performance from its women’s initiative, which continues to support growth across the brand portfolio.

Financial stability is further bolstered by the planned Lee divestiture, which is intended to strengthen the balance sheet and reduce net leverage to 1.5x or below by the end of fiscal 2026. This streamlined portfolio is designed to allow for faster execution and more concentrated investments in high-growth, high-return categories regardless of macro headwinds. Well, Kontoor Brands appears better positioned to manage macro volatility through its focused portfolio, resilient demand trends, stronger balance sheet and increased investments in higher-growth categories.

The Zacks Rundown for KTBShares of KTB have gained 7.2% in the past three months against the industry’s decline of 12%.

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 12.86X, lower than the industry’s average of 17.32X. KTB currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings implies a year-over-year decline of 7%, while the same for the next fiscal year earnings implies an 11.4% year-over-year increase.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM sports a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales and earnings implies growth of 2.6% and 0.8% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

Superior Group of Companies, Inc. (SGC - Free Report) produces, manufactures, and sells promotional products and branded uniforms, and healthcare apparel and accessories in the United States and internationally. At present, SGC carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for SGC’s current fiscal-year sales and earnings implies growth of 2% and 28.3%, respectively, from the year-ago figures. SGC delivered a trailing four-quarter negative earnings surprise of 81.9%, on average.
2026-06-12 13:18 2mo ago
2026-05-28 07:01 3mo ago
Coors Banquet® and Wrangler® Team Up with Chase Rice to Drop "Beer Chords," the First Jeans Combining Beer and Country Music, in Celebration of His New Single, "Connie Lou"
KTB Kontoor Brands
FMP Stock News
Original source text
The limited-edition denim transforms Rice's new song into a one-of-a-kind wearable using Banquet-infused ink, turning the collaboration into both a fashion release and the song's world premiere

Key Summary Bullets

Coors Banquet and Wrangler reunite for their third collaboration, celebrating their shared Western heritage with a limited-edition apparel collection. Longtime Coors Banquet fan and award-winning country artist Chase Rice joins the collaboration, bringing an authentic voice and personal storytelling to the collection. The collection introduces "Beer Chords," jeans featuring the chords from Rice's latest single, "Connie Lou," printed directly onto the denim using ink infused with Coors Banquet beer - a first-of-its-kind design. The full collection, featuring denim jackets, graphic tees, hats and more, launches just in time for festival season on May 28 at shop.coors.com while supplies last. The Coors Banquet x Wrangler collaboration is supported by a 360 campaign and gives one fan the chance to perform "Connie Lou" live with Rice. "Connie Lou" arrives as a surprise release across all platforms May 29. , /PRNewswire/ -- Coors Banquet, long favored by rockstars and a staple of cowboy culture, reunites with Wrangler, the legendary denim brand that has outfitted generations of Westerners, for their third collaboration. Together, the iconic brands bring a shared legacy of authenticity, craftsmanship and hard work to life through a limited-edition apparel collection.

The collection highlights “Beer Chords,” jeans featuring the chords from Rice’s latest single, “Connie Lou,” printed directly onto the denim using ink infused with Coors Banquet beer.

The foundation of the collaboration builds on the brands’ roots in country culture with the addition of award-winning country artist and longtime Coors Banquet fan Chase Rice. The foundation of the collaboration builds on the brands' roots in country culture with the addition of award-winning country artist and longtime Coors Banquet fan Chase Rice. From the dusty campgrounds to the front row of the stadium, this collection celebrates the shared heritage of the artists and fans who define the soundtrack of summer with iconic denim, ice cold Banquet and music on repeat.

At the center of the apparel drop are "Beer Chords," a first-of-its-kind release that turns a country song into a wearable piece. The jeans feature actual chords from Rice's new single, "Connie Lou," printed directly onto the denim using Coors Banquet beer-based ink.

Rooted in the true story of his parents' early days, "Connie Lou" is inspired by a Western romance shaped by rodeo nights and cold beer, which is carried through to the "Beer Chords" in a first-of-its kind way. Before the song officially drops at midnight tonight, the Coors Banquet x Wrangler collection serves as the first place fans can experience "Connie Lou," turning the collaboration into both a fashion release and the song's world premiere.

"Coors Banquet has been part of my story for a long time - from my dad holding two Banquets on the cover of the Cowboys record to writing songs like 'Mr. Coors,' it's always represented something real in my music. That's why this collaboration felt natural," shares Rice. "'Connie Lou' is inspired by my parents' story and the kind of life I grew up around - rodeos, small towns, hard work and cold beer at the end of the night - which is exactly the kind of life Coors Banquet and Wrangler represent, too."

THE COORS BANQUET X WRANGLER COLLECTION
Blending Wrangler's timeless feel with Coors Banquet's Western heritage, the collection features a range of apparel designed to make the perfect country festival season outfit.

Alongside the hero "Beer Chords," The Coors Banquet x Wrangler Collection will feature 32 unique pieces, including men's and women's apparel and co-branded caps. Highlights include the Denim Jersey, Brushpopper Cowboy Cut Work Shirt, Men's Wrangler 13MWZ Cowboy Cut® Jeans, Women's Reworked Short and Women's Printed Vest and Bailey Flare Jeans.

"Wrangler has been the unofficial uniform of country music for decades, seen on the legends on stage as well as the fans in the front row," said Holly Wheeler, Vice President of Global Brand Marketing at Kontoor Brands. "Our partnership with Coors Banquet honors that heritage, blending festival style with rugged functionality. This collection is for those who live for the music and the Western lifestyle, designed to withstand the energy of a summer crowd and the grit of the open range alike." 

The limited-edition Coors Banquet x Wrangler collection, including 250 total pairs of Beer Chords, will be available through drops of 125 pairs on shop.coors.com starting at 12:00pm CT on May 28 and June 4 while supplies last.

"START YOUR LEGACY" CAMPAIGN
The Coors Banquet x Wrangler collection is the latest iteration of the brand's creative platform "Start Your Legacy," which is rooted in the brand's Western values and over 150-year history. The 'Start Your Legacy' platform is all about inspiring people to take the first step toward something bigger. We bring that spirit to life through our "Connie Lou" cover contest, giving one up-and-coming artist a real shot at the spotlight by inviting them to perform the song live onstage with country music star Chase Rice.

"Coors Banquet has always been deeply rooted in the moments and stories that shape country culture," said Matt Carpenter, Vice President Marketing, Coors Family of Brands. "This collaboration with Wrangler and Chase Rice brings that spirit to life, turning an authentic personal story into something fans can connect with on a deeper level, from the music itself to the craftsmanship behind the 'Beer Chords.'"

Fans can follow @CoorsBanquet on social media for updates on the collection drop and details on how to participate in the "Connie Lou Cover Contest."

ABOUT MOLSON COORS BEVERAGE COMPANY
For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While Molson Coors' history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages like ZOA Energy. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions.

Molson Coors Beverage Company is a publicly traded company that operates through its Americas and EMEA&APAC reporting segments and is traded on the New York Stock Exchange and Toronto Stock Exchange. To learn more about Molson Coors Beverage Company, visit molsoncoors.com.

ABOUT WRANGLER
Wrangler®, of Kontoor Brands (NYSE: KTB), has been an icon in authentic American style for 75 years. With a rich legacy rooted in the Western lifestyle, Wrangler is committed to offering superior quality and timeless design. Its collections for men, women, and children look and feel great, inspiring all those who wear them to be strong and ready for everyday life. Wrangler is available in retail stores worldwide, including flagship stores in Fort Worth and Greensboro, department stores, mass-market retailers, specialty shops, top western outfitters, and online. For more information, visit Wrangler.com.

ABOUT CHASE RICE
Few artists have had the enduring impact on country music Chase Rice can claim – fewer still possess the courage to leave it in the past and blaze a new trail. A true singer-songwriter with success in both disciplines, Rice's 15-year career has taken the Florida-born North Carolina native to chart peaks and global stages… but with his eighth studio album, ELDORA, his only destination is the American West. As a 10x Platinum artist who burst onto the scene as a Diamond-certified songwriter ("Cruise"), hits like "Drinkin' Beer. Talkin' God. Amen." and "Eyes On You" helped Rice post two No. 1's at Country Radio, igniting a movement through chest-thumping euphoria and bold romantic passion. He sold out international tours and shared stadium billing with Garth Brooks and Kenny Chesney, before leaving the major label system for good. Now, with full independence and over 3 billion streams to his credit, ELDORA signals Rice's dedication to the storytelling craft. Written in Colorado and inspired by a hidden mountainside town, the 12-song set is easily the most raw, unguarded expression of Rice's talent to date – born in the afterglow of an epic show at the storied Red Rocks Amphitheatre. Working hand-in-hand with co-writer/producer Oscar Charles, Rice adopts the unfiltered, rough-hewn approach of an off-the-grid maverick, embodying the Western mystique and boldly going where few of his stature would dare.

For more information, visit ChaseRice.com and follow on Facebook, Twitter/X and TikTok @ChaseRiceMusic and on Instagram @ChaseRice.

SOURCE Molson Coors Beverage Company
2026-06-12 13:18 2mo ago
2026-05-28 09:34 3mo ago
Jeans, Beer & Music: Coors Banquet® and Wrangler® Announce Encore With Second Apparel Collection for Festival Season
KTB Kontoor Brands
FMP Stock News
Original source text
GREENSBORO, N.C.--(BUSINESS WIRE)--The Coors Banquet x Wrangler Collection, available starting May 28th, will feature 23 unique pieces, including men's and women's apparel and caps.
2026-06-12 13:18 2mo ago
2026-05-28 10:00 3mo ago
Jeans, Beer & Music: Coors Banquet® and Wrangler® Announce Encore With Second Apparel Collection for Festival Season
KTB Kontoor Brands
FMP Stock News
Original source text
Jeans, Beer & Music: Coors Banquet® and Wrangler® Announce Encore With Second Apparel Collection for Festival Season We’re plugging in the amps in preparation for the second Coors Banquet® and Wrangler® collaboration, this time celebrating a summer of music. Coming on the heels of a successful Coors Banquet x Wrangler Collection that launched last fall, this new lineup features festival favorites: shorts, shirts, vests, sets, outerwear, and caps that will turn heads on and off stage.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528785337/en/

Coors Banquet x Wrangler

This collaboration marks a natural evolution for two brands that have spent decades on the main stage. Both Coors Banquet and Wrangler share a storied history in the music scene, with both brands having a longstanding history of working directly with country music artists. From the dusty campgrounds to the front row of the stadium, this collection celebrates a shared heritage of supporting the artists and the fans who define the soundtrack of summer with iconic denim, ice cold Banquet, and music on repeat.

Available starting May 28th, the Coors Banquet x Wrangler Collection will feature 23 unique pieces, including men’s and women’s apparel and co-branded caps. Highlights include:

Denim Jersey: A classic baseball style with Western heritage, this light, beer-inspired denim wash jersey has pearl snaps andWrangler and Coors Banquet logos embroidered in yellow across the front Brushpopper Cowboy Cut Work Shirt: This Wrangler staple gets reimagined in a Coors Banquet stripe, featuring the W stitching on the front pockets, pearl snaps, and the Coors Banquet logo tag Men’s Wrangler13MWZ Cowboy Cut® Jeans: Wrangler’s time tested jeans will come in a beer-inspired denim wash and ecru for this line and include Coors embroidery at the coin pocket as well as a Coors Banquet and a Wrangler patch on each back pocket (the jeans also have matching vests and co-branded, embroidered jackets) Women’s Reworked Short: These popularWrangler women’s shorts will be available in two options — a beer-inspired denim wash with Rocky Mountain-inspired detailing along the back yoke, and a striped pattern in Coors Banquet’s iconic colorways Women’s Printed Vest and Bailey Flare Jeans: A women’s set that sets itself apart with all over red and white brand logos and iconography. The Bailey Jeans (which also come in a beer-inspired wash in this collection) are fitted in the hip and flare for freedom “Wrangler has been the unofficial uniform of country music for decades, seen on the legends on stage as well as the fans in the front row,” said Holly Wheeler, Vice President of Global Brand Marketing at Kontoor Brands. “Our partnership with Coors Banquet honors that heritage, blending festival style with rugged functionality. This collection is for those who live for the music and the Western lifestyle, designed to withstand the energy of a summer crowd and the grit of the open range alike.”

The collection also features a special appearance by longtime Coors Banquet fan Chase Rice, who is sharing the chords of his unreleased song, 'Connie Lou,' on a limited-edition pair of jeans. Printed in Coors Banquet beer-infused ink, these 'Beer Chords' jeans give fans a first look at the track before it officially drops at midnight tonight.

“Coors Banquet has always been deeply rooted in the moments and stories that shape country culture,” said Matt Carpenter, Vice President Marketing, Coors Family of Brands. “This collaboration with Wrangler and Chase Rice brings that spirit to life, turning an authentic personal story into something fans can connect with on a deeper level, from the music itself to the craftsmanship behind the ‘Beer Chords.’”

Fans can bring home a piece of the Coors Banquet x Wrangler collection via a Wrangler store, or online at shop.coors.com or wrangler.com beginning on May 28, 2026. Prices will range from $24.99 for the caps to $124.99 for the Embroidery Jackets.

You can find flatlay and lifestyle imagery of the collection here.

ABOUT MOLSON COORS BEVERAGE COMPANY

For more than two centuries, Molson Coors has brewed beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While Molson Coors’ history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages like ZOA Energy. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions. Molson Coors Beverage Company is a publicly traded company that operates through its Americas and EMEA & APAC reporting segments and is traded on the New York Stock Exchange and Toronto Stock Exchange. To learn more about Molson Coors Beverage Company, visit molsoncoors.com.

ABOUT WRANGLER

Wrangler®, of Kontoor Brands (NYSE: KTB), has been an icon in authentic American style for 75 years. With a rich legacy rooted in the Western lifestyle, Wrangler is committed to offering superior quality and timeless design. Its collections for men, women, and children look and feel great, inspiring all those who wear them to be strong and ready for everyday life. Wrangler is available in retail stores worldwide, including flagship stores in Fort Worth and Greensboro, department stores, mass-market retailers, specialty shops, top western outfitters, and online. For more information, visit Wrangler.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260528785337/en/
2026-06-12 13:18 2mo ago
2026-06-02 03:58 3mo ago
Kontoor Brands Struck Gold With Lee Divestment
KTB Kontoor Brands
FMP Stock News
Original source text
Kontoor Brands, Inc. is divesting the Lee brand for up to $1 billion. Lee has been KTB's weakest brand and has consistently reported declining sales and earnings. The transaction values a weak brand at a good multiple. The focus shifts to Helly Hansen and Wrangler, both of which look to grow KTB's earnings well.
2026-06-12 13:18 2mo ago
2026-06-05 08:44 3mo ago
Goldman Sachs Sees S&P 500 at 8000 Year-End: 5 of Its Top Picks Pay Big Passive Income Dividends
KTB Kontoor Brands
FMP Stock News
Original source text
Goldman Sachs is a leading investment firm on Wall Street and worldwide. The firm’s top-tier research department continues to provide institutional and high-net-worth clients with the best ideas across the investment spectrum and is likely to do so for years to come. Founded in 1869, it is the world’s second-largest investment bank by revenue and, according to published reports, ranked 32nd on the Fortune 500 list of the largest U.S. corporations by total revenue. The Wall Street white-glove giant offers financing, advisory services, risk distribution, and hedging for the firm’s institutional and corporate clients. At 24/7 Wall St., we have followed the company’s research for 15 years to bring our readers top stock ideas.

One of our favorite avenues is the firm’s Conviction List of top picks, which is reviewed and updated monthly. With the firm raising its year-end target for the S&P 500 to 8000, we decided to screen the Conviction List for the highest-yielding passive-income ideas. With the stock market hitting all-time highs seemingly every week, it may be time to shift to safer dividend-paying stocks. The Goldman Sachs Conviction List is a curated list of stocks that the firm’s research team believes are highly likely to outperform the market. It is a tool for investors to identify stocks with strong growth potential and is frequently updated to reflect changes in market conditions and company performance. The list aims to identify stocks where Goldman Sachs analysts have the “highest level of conviction” in their outperformance.

The Goldman Sachs team said this when explaining the S&P 500’s increase to 8000 by year-end.

Continued earnings growth should drive further upside in the equity market. We expect the S&P 500 to rise by 6% to our revised year-end target of 8000. Our previous target was 7600. The increased return forecast reflects higher earnings estimates for the S&P 500 following an exceptionally strong Q1 reporting season. We raise our S&P 500 EPS forecasts to $340 (+24% year/year) in 2026 and $385 (+13%) in 2027. The beneficiaries of AI infrastructure investment will account for roughly half of S&P 500 EPS growth this year.

Here are the five highest-yielding Conviction List stocks.

Ares Management A leader in alternative investments, this company pays a solid 3.67% dividend. Ares Management (NYSE: ARES | ARES Price Prediction) is an alternative investment manager offering clients complementary primary and secondary investment solutions across various asset classes.

Its segments include:

Credit Group, which manages credit strategies across the liquid and illiquid spectrum, including liquid credit, alternative credit, direct lending, and APAC credit. Private Equity Group categorizes its investment strategies as corporate private equity, special opportunities, and APAC private equity. Real Assets Group manages comprehensive equity and debt strategies across real estate and infrastructure investments. Secondaries Group invests in secondary markets across alternative asset classes, including private equity, real estate, infrastructure, and credit. The company has operations across:

North America South America Europe Asia Pacific The Middle East Goldman Sachs has a $138 target price, representing a 10% gain.

Brixmor Property This quality real estate investment trust (REIT) offers steady, reliable income, a portfolio of outstanding properties, and a rich 3.95% dividend. Brixmor Property (NYSE: BRX) is an internally managed REIT that conducts its operations primarily through Brixmor Operating Partnership and subsidiaries.

The company owns and operates open-air retail portfolios in the United States, measured by gross leasable area (GLA), consisting primarily of community and neighborhood shopping centers. The company’s portfolio consists of approximately 360 retail centers totaling over 64 million square feet of GLA.

Brixmor Property projects include:

Dickson City Crossings East Port Plaza Fox Run Gateway Plaza Old Bridge Gateway Pointe Orlando Shops at Palm Lakes Stewart Plaza Tinley Park Plaza Tyrone Gardens Vail Ranch Center Venice Village Village at Mira Mesa Westminster City Center The company’s national portfolio is primarily located within established trade areas in the top 50 Core-Based Statistical Areas (CBSAs) in the United States.

Goldman Sachs has a $35 target price for the stock, representing 12% upside.

Citizens Financial This is one of the nation’s oldest and largest financial institutions. Founded in 1828 and offering a dependable 2.82% dividend, this bank is a top choice for investors. Citizens Financial (NYSE: CFG) operates as a bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States.

The company operates in two segments. The Consumer Banking segment offers:

Deposit products Mortgage and home equity lending products Credit cards Business loans Wealth management and investment services Auto, education, and point-of-sale finance loans Digital deposit products This segment serves its customers through telephone service centers and its online and mobile platforms.

The Commercial Banking segment provides various financial products and solutions, including:

Lending and leasing Deposit and treasury management services Foreign exchange, interest rate, and commodity risk management solutions Syndicated loans, corporate finance Mergers and acquisitions Debt and equity capital markets services This segment serves corporate banking, healthcare, technology, asset finance, franchise finance, leasing, asset-based lending, commercial real estate, mid-corporate, and private equity sponsor industries.

The Goldman Sachs price target is $77, representing a 21% gain from current levels.

Duke Energy Duke Energy (NYSE: DUK) is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. It is located in a growing part of the country and pays a 3.50% dividend. Duke Energy and its subsidiaries operate as energy companies in the United States.

It operates through two segments. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. To develop electricity, Duke Energy uses the following:

Coal Hydroelectric Natural gas Oil Solar and wind sources Renewables Nuclear fuel This segment also sells electricity to municipalities, electric cooperative utilities, and load-serving entities.

The Gas Utilities and Infrastructure segment distributes natural gas to

Residential Commercial Industrial Power generation natural gas customers The segment also invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities.

The $145 Goldman Sachs price target represents a 16% gain.

Kontoor Brands While somewhat off the radar, this company has tremendous upside, well-known brands, and pays a reasonable 3.08% dividend. Kontoor Brands (NYSE: KTB) is a global lifestyle apparel company. The company designs, manufactures, procures, sells, and licenses apparel, footwear, and accessories.

The lifestyle, outdoor, and workwear brands include Wrangler, Lee, and Helly Hansen.

The Wrangler brand offers multiple sub-brands, collections, and product lines within the Wrangler brand to target specific consumer demographics and end-users, including:

20X Aura from the Women at Wrangler Cowboy Cut Premium Patch Riggs Workwear Rock 47 Rustler Wrangler Retro Wrangler Rugged Wear Wrangler All Terrain Gear The Lee segment offers denim, apparel, footwear, and accessories for adults and children. The Lee brand offers multiple sub-brands, collections, and product lines, including:

Lee101 Riders Storm Rider Lee MVP Lee X The Helly Hansen brand is an outdoor and workwear brand. Helly Hansen offers sub-brands, including Helly Hansen Sport and Helly Hansen Workwear.

The Goldman Sachs price target of $95 would be a massive 33% gain for shareholders.
2026-06-12 13:18 2mo ago
2026-06-08 13:55 3mo ago
Is Kontoor Brands Well Positioned to Win in Premium Workwear?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways Kontoor Brands sees strong Workwear momentum, supported by demand across Europe and U.S. expansion.KTB invests in geographic growth, commercial efforts and demand generation to expand market share.KTB leverages complementary Wrangler and Helly Hansen positions across value-to-premium workwear. Kontoor Brands, Inc. (KTB - Free Report)   is well-positioned to capitalize on the growing premium workwear market by leveraging the complementary strengths of its Wrangler and Helly Hansen brands. Management highlighted continued momentum within the Workwear business, with strong performance carrying into the year.

Growth has been supported by solid demand across the Nordics as well as Southern and Eastern Europe. At the same time, the company remains focused on expanding opportunities in the United States, the world’s largest outdoor and workwear market, which supports its broader ambitions to grow within the category.

To strengthen its position, Kontoor Brands continues to invest in geographic expansion, with particular emphasis on the United States and the ALPS region of Europe. Within the Workwear segment, management is accelerating growth initiatives through dedicated organizational resources, enhanced commercial efforts and increased demand-generation activities. The company believes demand for premium workwear is rising globally and is supported by long-term structural trends that can sustain category growth. These investments are intended to expand market presence and support profitable growth over time.

Within the Workwear segment, Wrangler and Helly Hansen complement one another by covering a broad range of consumer price points from value to premium, with limited overlap. Wrangler’s function-based value positioning, combined with its year-round replenishment model, benefits from longer product life cycles that support product consistency and operational efficiencies. These characteristics help strengthen the brand’s competitive position while contributing to product and margin efficiencies.

Overall, Kontoor Brands appears well-positioned to gain market share within the premium workwear category. Supported by complementary brand positioning, expanding geographic reach, targeted investments and favorable industry demand trends, the company has a solid foundation to drive sustainable long-term growth and profitability.

The Zacks Rundown for KTBShares of KTB have lost 3.9% in the past three months compared with the industry’s decline of 8%. KTB currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 12.84X, lower than the industry’s average of 17.31X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings implies a year-over-year decline of 7%, while the same for the next fiscal year earnings implies an 11.4% year-over-year increase.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales and earnings implies growth of 4.5% and 25% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report) engages in the design, development, marketing, and distribution of outdoor, active, and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. At present, COLM sports a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales and earnings implies growth of 2.6% and 4.6% from the year-ago figures. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

Superior Group of Companies, Inc. (SGC - Free Report) produces, manufactures, and sells promotional products and branded uniforms, and healthcare apparel and accessories in the United States and internationally. At present, SGC carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for SGC’s current fiscal-year sales and earnings implies growth of 2% and 28.3%, respectively, from the year-ago figures. SGC delivered a trailing four-quarter negative earnings surprise of 81.9%, on average.
2026-06-12 13:17 2mo ago
2026-06-09 10:05 3mo ago
Why Is Kontoor Brands' Gross Margin Expansion Turning Heads Again?
KTB Kontoor Brands
FMP Stock News
Original source text
Key Takeaways Kontoor Brands expands its adjusted gross margin 470 bps to 50.6% in Q1'26.KTB benefits from Project Genius, a favorable mix and a roughly 200 bps Helly Hansen contribution.KTB projects FY26 gross margin expansion of 180-200 bps, driven by ongoing strategic initiatives. Kontoor Brands, Inc. (KTB - Free Report)  delivered a notable improvement in profitability in the first quarter of fiscal 2026, with the adjusted gross margin expanding 470 basis points (bps) year over year to 50.6%. Management attributed the improvement to the benefits generated by Project Genius, a favorable channel mix and a contribution of approximately 200 bps from Helly Hansen. The strong margin performance reflects the positive impacts of the company’s strategic initiatives and portfolio actions, which helped drive meaningful gains in gross profitability in the fiscal first quarter.

Kontoor Brands continues to leverage its global operating model, supply chain, technology platforms, planning capabilities and Project Genius to enhance execution across the business. Management highlighted that the early benefits of these initiatives are already becoming visible through stronger-than-expected profitability and earnings accretion.

The company remains committed to increasing Helly Hansen’s operating margin to the mid-teens over time through a combination of gross margin expansion and expense leverage. Management believes that these initiatives will drive meaningful improvements in the brand’s growth and margin profile, supporting stronger long-term financial performance.

Kontoor Brands expects the fiscal 2026 adjusted gross margin from continuing operations to be between 48.3% and 48.5%. This indicates an increase of 180-200 bps from that reported in the prior year. Management expects the margin expansion to be driven by the ongoing benefits of Project Genius, a favorable channel and product mix, and the contribution from Helly Hansen. These factors are expected to support stronger gross profitability and reflect the positive impacts of the company’s strategic initiatives and portfolio enhancements.

In conclusion, with Project Genius, favorable mix shifts and Helly Hansen’s growing contribution, Kontoor Brands appears well-positioned to sustain margin expansion and strengthen long-term profitability.

Zacks Rundown for KTBShares of Kontoor Brands have gained 6.1% in the past three months against the industry’s decline of 6.7%.

Image Source: Zacks Investment Research

From a valuation standpoint, KTB trades at a forward price-to-earnings ratio of 13.24X, lower than the industry’s average of 17.31X. Kontoor Brands currently carries a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KTB’s current fiscal year earnings implies a year-over-year decline of 7%, while the same for earnings in the next fiscal year implies an 11.4% year-over-year increase.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Vince Holding Corp. (VNCE - Free Report)  provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale and Vince Direct-to-Consumer segments. At present, the company sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales and earnings implies growth of 4.5% and 25% from the year-ago reported figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

Columbia Sportswear Company (COLM - Free Report)  engages in the design, development, marketing and distribution of outdoor, active and lifestyle products in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa and Canada. At present, COLM flaunts a Zacks Rank of 1.

The Zacks Consensus Estimate for COLM’s current fiscal-year sales and earnings implies growth of 2.6% and 4.6% from the year-ago reported numbers. COLM delivered a trailing four-quarter earnings surprise of 44.1%, on average.

Superior Group of Companies, Inc. (SGC - Free Report)  produces, manufactures and sells promotional products and branded uniforms, and healthcare apparel and accessories in the United States and internationally. At present, SGC carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for SGC’s current fiscal-year sales and earnings implies growth of 2% and 28.3%, respectively, from the year-ago reported figures. SGC delivered a trailing four-quarter negative earnings surprise of 81.9%, on average.
2026-06-12 13:17 2mo ago
2026-06-11 05:10 2mo ago
New Strong Sell Stocks for June 11th
KTB Kontoor Brands
FMP Stock News
Original source text
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.

Copyright 2026 Zacks Investment Research 101 N Wacker Drive, Floor 15, Chicago, IL 60606

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.00% per year. These returns cover a period from January 1, 1988 through May 4, 2026. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.

Visit Performance Disclosure for information about the performance numbers displayed above.

Visit www.zacksdata.com to get our data and content for your mobile app or website.

Real time prices by BATS. Delayed quotes by Sungard.

NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.

This site is protected by reCAPTCHA and the Google Privacy Policy, DMCA Policy and Terms of Service apply.
2026-06-12 13:17 2mo ago
2026-04-21 12:00 4mo ago
Piper Sandler Companies to Announce First Quarter 2026 Financial Results and Host a Conference Call on May 1, 2026
PIPR Piper Sandler Companies
FMP Stock News
Original source text
MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, will release its first quarter 2026 financial results prior to the opening of the market on Friday, May 1, 2026. The earnings release will be available at the company's website at pipersandler.com/earnings. Chad Abraham, chairman and chief executive officer; Deb Schoneman, president; and Kate Clune, chief financial officer, will host a related conference call at 8:30 a.m. ET (7:30 a.m. CT) that same d.