Levi Strauss (LEVI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago.
Levi said it was considering selling khaki brand Dockers after months of underperforming sales.
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. The company manages its business according to three regional segments: the Americas, Europe, and Asia.
LEVI's third-quarter fiscal 2024 results are likely to benefit from robust omnichannel initiatives and brand strength.
Evaluate the expected performance of Levi Strauss (LEVI) for the quarter ended August 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Playing stocks going into quarterly earnings can be a risky endeavor, especially if you're a new investor who stands to pile into a name alongside the rest of the herd.
Levi Strauss & Co.'s goal of generating $9 billion to $10 billion in annual revenue by 2027 will be pushed back as the denim-clothing company is still seeing pressure on its customer after a long inflationary period, new Chief Executive Michelle Gass told the Financial Times.
In the latest trading session, Levi Strauss (LEVI) closed at $20.42, marking a +1.29% move from the previous day.
Levi Strauss teased a potential partnership with Beyoncé in an Instagram post on Monday. The post included an image of a woman wearing a cowboy hat and riding a horse with the caption "INTRODUCING: A New Chapter.
In the most recent trading session, Levi Strauss (LEVI) closed at $19.70, indicating a +1.13% shift from the previous trading day.
Levi Strauss (LEVI) closed the most recent trading day at $19.29, moving +0.31% from the previous trading session.
In the latest trading session, Levi Strauss (LEVI) closed at $18.83, marking a -1.31% move from the previous day.