Is Kontoor Brands, Inc. (KTB) A Good Stock To Buy Now?

Is KTB a good stock to buy? We came across a bearish thesis on Kontoor Brands, Inc. on Valueinvestorsclub.com by BookWithLegs. In this article, we will summarize the bears’ thesis on KTB. Kontoor Brands, Inc.'s share was trading at $79.90 as of June 25^th. KTB’s trailing and forward P/E were 16.11 and 10.68 respectively according to Yahoo Finance.

[caption id="attachment_945727" align="aligncenter" width="750"] Photo by Ian Deng Quddu on Unsplash[/caption]

Kontoor Brands (KTB) is a spin-off from VF Corp in 2019 consisting of Wrangler, Lee, and Helly Hansen, operating in denim...