Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring for premium products.
Levi Strauss (LEVI) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.04 per share a year ago.
Levi Strauss & Co. stuck with its full-year sales outlook, helped by demand for new denim and women's clothing, but the jeans maker's quarterly sales just missed expectations, and it said it expected higher costs from marketing and a change in how it plans to store and ship clothing.
Levi Strauss narrowly missed Wall Street's sales expectations as it handily beat earnings estimates. The sales miss comes as denim surges in popularity.
With the heart of the Q2 earnings season approaching, these stocks stand out ahead of their quarterly reports on Wednesday, June 26.
Levi Strauss' (LEVI) second-quarter fiscal 2024 results are likely to benefit from the company's robust omnichannel initiatives and brand strength.
Besides Wall Street's top -and-bottom-line estimates for Levi Strauss (LEVI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended May 2024.
Levi Strauss (LEVI) reachead $23.54 at the closing of the latest trading day, reflecting a +0.26% change compared to its last close.
Levi Strauss (LEVI) closed at $23.70 in the latest trading session, marking a +0.51% move from the prior day.
The latest trading day saw Levi Strauss (LEVI) settling at $23.58, representing a +0.21% change from its previous close.
Levi Strauss (LEVI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Levi Strauss (LEVI) closed at $23.75 in the latest trading session, marking a -1.7% move from the prior day.