Kontoor Brands CEO Scott Baxter sits down with Jim Cramer
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen,Β ...
President, Chief Executive Officer and Chairman of the Board, Kontoor Brands, Wrangler Br Of Kontoor Brands
Search every verified Scott Baxter interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Scott Baxter, chairman, president and CEO of Kontoor Brands, discussed the company's acquisition of Helly Hansen for roughly $900 million in a February 2025 interview with Jim Cramer on "Mad Money." Baxter said the acquisition gave Kontoor both an outdoor and workwear brand, describing it as a "really nice fit" that offers a growth opportunity. He noted that the company had been patient in looking for deals and moved quickly when the Helly Hansen opportunity arose. Kontoor also preannounced fourth-quarter results that beat expectations on both revenue and earnings. In a separate October 2024 podcast focused on financial literacy, Baxter discussed personal finance strategies, including the importance of building a budget, establishing an investment pattern, and paying down debt. He recounted his experience during the 2008 financial crisis, saying it was a "real lesson" in how quickly a portfolio can lose value. Baxter has also emphasized Kontoor's commitment to Greensboro, North Carolina, stating in a 2019 interview that he was "100 percent committed" to keeping the company's headquarters there and investing in the community.
“We knew that we wanted an outdoor and or a workwear company, Jim. And here we got both in this acquisition. So it was a really nice fit for us. And now we've got a growth opportunity. You know it's growing a little bit faster than the denim business. And I think the other thing for us, Jim, is I've got a strong backgro...”
“We'll be okay. We've got a really strong back end. We have a plan, you know. We know what we're going to do if that does come in place. And we're in a really good place with our consumer right now. So I feel real confident no matter what happens.”
“I think the thing that I learned most as I've gotten older is that when you're younger if you can build a budget stick to it it really shows discipline and it'll help you in the future if you can put an investment pattern and investment philosophy together if it's even as simple as saving a $100 per paycheck that kind...”
“I think that myth of I'm just too far in debt I just don't have the ability to do this I think you can develop that really quickly if you really buckle down and make good decisions listen you're gonna have to change the way you're doing things in life you know maybe you have to quit that gym and maybe you can't have th...”
“in conjunction with our recently amended credit facility we have temporarily suspended the dividend key here is the word temporarily the decision to amend the credit facility and suspend the dividend was not taken lightly as we understand how foundational the dividend is to our long term story the payment of a dividend...”
“strategies since the spin and have now been either amplified or accelerated to more effectively minimize the impacts associated with the corona virus pandemic and finally I'll highlight why we believe our model is more advantage to not only weather the near-term storms but positions us for success in the rapidly changi...”
“The last few weeks have seen the emergence of the COBIT 19 coronavirus which has driven quite a bit of headline risk and uncertainty in global markets while conditions are fluid we remain extremely confident in the underlying fundamentals of our business the strategic initiatives we are implementing coupled with our be...”
“We've stated that during horizon one beyond our investments in standing up the organization our capital allocation strategy would focus on aggressively delivering the balance sheet and paying a superior dividend we're pleased to announce that within just seven months post-separation we've paid down one hundred and twen...”
“Never Say Never you know and again I go back to that technology you know equation if we develop the technology that could help us do that then that would be an advantage”
“I'm a hundred percent committed as the CEO to stay in Greensboro I'm actually here to let everybody know that we're going to be here that we're going to invest in this community that we're going to invest in our people that were proud to be part of Greensboro we're proud to be in North Carolina”
Kontoor Brands Chair, President, and CEO Scott Baxter joins 'Mad Money' host Jim Cramer to talk acquiring Helly Hansen,Β ...
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Neill McNeill's Newsmaker Interview with Kontoor Brands President and CEO Scott Baxter as aired in the 10pm Newscast 9/17/19.
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