Kontoor Brands raised its full-year outlook after a strong Q2 2026. In May, Authentic Brands Group signed a definitive agreement with Kontoor Brands to acquire Lee in a deal valued at up to $1 billion. Scott Baxter, Kontoor Brands CEO and chairman of the board of directors, said Q2 results were driven by growth from Wrangler, a stronger-than-expected contribution from Helly Hansen and robust gross margin expansion. Helly Hansen delivered a better-than-expected quarter and for the first half of 2026. Helly Hansen global revenue was $114 million.