Levi Strauss & Co. (LEVI)
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.
Revenue Miss Points Levi Stock on Toward Worst Day Ever
Levi Strauss & Co (NYSE:LEVI) announced better-than-expected earnings for its fiscal second quarter, but missed revenue expectations.
Levi Strauss' (LEVI) Q2 Earnings Beat Mark, Revenues Rise Y/Y
Levi Strauss (LEVI) posts earnings beat during second-quarter fiscal 2024. Revenues rise 9% year over year on a constant-currency basis.
Levi's Stock Is Dropping. An Earnings Beat and Higher Dividend Weren't Enough.
The jeans maker reported second-quarter adjusted earnings of 16 cents per share, while Wall Street expected 11 cents.
Levi's is seeing growing demand for looser fits. This is what it means for Lululemon and Nike
Iconic jeans-maker Levi's reported second-quarter results late Wednesday
Levi Strauss & Co. (LEVI) Q2 2024 Earnings Call Transcript
Levi Strauss & Co. (NYSE:LEVI ) Q2 2024 Earnings Conference Call June 26, 2024 5:00 PM ET Company Participants Aida Orphan - VP, IR Michelle Gass - President and CEO Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Laurent Vasilescu - BNP Paribas Robert Drbul - Guggenheim Securities Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Dana Telsey - Telsey Advisory Group Christopher Nardone - Bank of America Paul Lejuez - Citi Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company's Second Quarter Fiscal 2024 Earnings Conference Call for the period ending May 26, 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) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Levi Strauss (LEVI) give a sense of how its business performed in the quarter ended May 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Micron, Levi's Trade Down After Market on Earnings
After finishing mostly in the green today, late trading has gotten harsh for MU and LEVI.
Levi's CEO says the 'head-to-toe denim lifestyle' is seeing success
In a Wednesday interview with CNBC's Jim Cramer, Levi Strauss CEO Michelle Gass said the popularity of "top to bottom" denim outfits is growing. "Our new focus is, yes, continuing to own jeans, but taking that denim top to bottom," she said.
eCommerce Leads Levi's D2C Growth as Online Shoppers Splurge
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.
