LEVI - Levi Strauss Analysts Boost Their Forecasts After Upbeat Earnings | Benzinga
Levi Strauss & Co. (NYSE: LEVI) reported upbeat earnings for its first quarter and boosted its 2024 earnings guidance on Wednesday.
Levi Strauss reported first-quarter earnings of 26 cents per share, which beat the analyst consensus estimate of 21 cents by 23.81%. Quarterly sales came in at $1.558 billion which beat the analyst consensus estimate of $1.547 billion and is a 7.76% decrease over sales of $1.689 billion in the same period last year, according to data from Benzinga Pro.
"We started the year strong delivering results above expectations, underscoring the power of the Levi’s brand and the progress we are making on our strategic priorities. Both newness ...