Levi Strauss & Co. (LEVI)
Levi Strauss (LEVI) Stock Dips While Market Gains: Key Facts
In the most recent trading session, Levi Strauss (LEVI) closed at $17.52, indicating a -0.9% shift from the previous trading day.
The 3 Most Undervalued Retail Stocks to Buy in July 2024
Retail stocks continue to underperform the broader market. Year-to-date, the S&P Retail Index is up only 2% compared to an 18% gain in the benchmark S&P 500 index.
Why Levi Strauss Stock Dropped 20% Last Month
Analysts were disappointed when Levi Strauss' management didn't raise its financial guidance in light of strong quarterly results. The company is updating its distribution model because more of its customers are buying directly online.
3 Blue-Chip Stocks to Sell in July Before They Crash & Burn
Blue-chip stocks continue to trail in this market. Through the first half of the year, the Dow Jones Industrial Average, which is comprised of 30 blue-chip stocks, is up 4% compared to a 20% gain in the technology loaded Nasdaq Composite index.
Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive
I downgrade my buy rating to hold rating for Levi Strauss & Co. Strong DTC growth and margin improvement reported in recent earnings. However, the upside is no longer attractive, and the market is unlikely to rerate the stock upwards due to poor guidance.
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
Interest in everything related to Western fashion is driving up demand for denim clothing such as skirts and dresses, according to San Francisco-based Levi Strauss. The frenzy comes as Western wear has gained a groundswell of cultural support that's caught the attention of the consumers, not to mention the retailer's chief executive and Wall Street.
Stock Market Today: Stocks End Higher Ahead of May PCE Data
Micron Technology, Walgreens Boots Alliance and Levi's were three of Thursday's biggest movers.
Why Levi Strauss & Co. Stock Just Crashed 16%
Levi Strauss beat on earnings last night (even if its beat isn't as impressive as you might have heard). GAAP profits were only $0.04 per share, but Levi's free cash flow is surging.
Levi's shares drop 15% after weakness in wholesale business sinks quarterly revenue
Although denim is back in style -- including the resurgence of early 2000s jorts -- Levi Strauss isn't seeing a significant bump in sales.
Levi Strauss Q2: Not Bad Despite The Market Reaction, Still Optimistic And A Hold
Levi Strauss & Co. reported Q2 2024 earnings with revenue slightly up and adjusted operating income significantly up, but the stock opened down 20%. Despite the disappointing stock performance, Levi's results were not bad, with revenue growth driven by DTC expansion in North America. The stock is still a Hold due to an elevated multiple on adjusted earnings that is not justified by the company's growth prospects.
Levi Strauss Stock Slumps After Slight Revenue Miss
Shares of Levi Strauss (LEVI) cratered Thursday, a day after the jeans maker missed sales estimates and kept its guidance steady on weakness in wholesale revenue and demand for its Dockers brand.
Should Value Investors Buy Levi Strauss & Co. (LEVI) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
