Levi Strauss & Co. (LEVI)
Levi's Revenue Dips, But Record Margins Might Stitch Things Up
Iconic American apparel manufacturer Levi Strauss and Co. NYSE: LEVI disappointed investors after lowering their guidance on their fiscal third-quarter of 2024 earnings report. While shares initially sold off 8% on the warning from the declining headline metrics, there were many positives in the report that were overshadowed by the initial sell-off reaction.
Levi's Eyes Selling Dockers Brand as It Pivots to a D2C-First Retailer
Levi Strauss & Co. is evaluating the possible sale of its Dockers brand amid its transformation to a direct-to-consumer (D2C)-first retailer. Once a dominant name in khakis, Dockers has struggled to maintain its relevance in a marketplace driven by changing consumer preferences and the rise of athleisure, experts told PYMNTS.
Levi's CFO says fundamentals are strong despite guidance cut
Levi Strauss & Co. (LEVI) stock tumbles after the company trimmed its full-year outlook. Harmit Singh, Levi Strauss & Co.'s chief financial and growth officer, joins Seana Smith and Brad Smith along with Yahoo Finance's Executive Editor Brian Sozzi on Catalysts to discuss the company's quarterly results and what it says about the health of consumer spending.
LEVI Stock Drops After Earnings Report
Shares of Levi Strauss & Co (LEVI, Financial) dropped by 7.19% today, with the stock price settling at $19.545. This decline follows the release of its third-quarter earnings report, which did not meet Wall Street's expectations.
Can Beyoncé help drive Levi's sales? Here's what CEO Michelle Gass thinks
Teaming up with Beyonce could help supercharge our sales, particularly in the women's category, Michelle Gass – the chief executive of Levi Straus & Co (NYSE: LEVI) argued in a recent interview with Jim Cramer.
Levi CEO on Beyoncé Partnership, Earnings, Dockers Brand
Levi Strauss & Co. President and CEO Michelle Gass says the brand is strong and she expects the business to grow to $10 billion in sales over time. The clothing retailer lowered its full-year sales outlook, but Gass says there's a lot of strength in the business.
Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration
Levi Strauss & Co. (LEVI, Financial) recently experienced a 7.45% drop in its stock price, bringing it below the $20 mark. The company is reportedly contemplating the potential sale of its Dockers brand.
Levi Strauss & Co. (LEVI) Q3 2024 Earnings Call Transcript
Levi Strauss & Co. (NYSE:LEVI ) Q3 2024 Earnings Conference Call October 2, 2024 5:00 PM ET Company Participants Aida Orphan - Vice President of Investor Relations Michelle Gass - President and Chief Executive Officer Harmit Singh - Executive Vice President and Chief Financial and Growth Officer Conference Call Participants Robert Drbul - Guggenheim Securities Matthew Boss - JPMorgan Oliver Chen - TD Cowen Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Jay Sole - UBS Laurent Vasilescu - BNP Paribas Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company Third Quarter Fiscal 2024 Earnings Conference Call for the period ending August 25, 2024. All parties will be in a listen-only mode until the question-and-answer session, at which time instructions will follow.
Levi Strauss (LEVI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Levi Strauss (LEVI) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Levi Strauss (LEVI) Q3 Earnings Surpass Estimates
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 Stock Falls on Trimmed Revenue Guidance and Potential Sale of Dockers Brand
Levi said it was considering selling khaki brand Dockers after months of underperforming sales.
Levi Strauss & Co (LEVI) Q3 2024 Earnings: EPS of $0.05, Revenue at $1.
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.
