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LEVI News and Press, Levi Strauss & Co Class A

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Company Name: Levi Strauss & Co Class A
Stock Symbol: LEVI
Market: NYSE

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LEVI - Is consumer spending on softlines about to drop off as presidential election looms?

2024-06-30 03:00:00 ET As the outcome of the election reverberates through the economy and societal landscape of the country, it also has an impact on consumer spending. Wells Fargo analyst Ike Boruchow examines the trends in softlines spending – clothes, bedding, footwear, jewelry &...

LEVI - Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive

2024-06-29 06:45:40 ET Summary 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 p...

LEVI - Dividend Roundup: Kroger, AT&T, Pfizer, JPMorgan, and more

2024-06-28 07:55:34 ET This week's dividend activity included increased payouts from Kroger ( NYSE: KR ) and Levi Strauss ( LEVI ) as well as declarations from companies like AT&T ( NYSE: T ) and Pfizer ( NYSE: PFE ).... Read the full article on Seeking...

LEVI - Why Levi Strauss & Co. Stock Just Crashed 16%

2024-06-27 13:36:29 ET Levi Strauss & Co. (NYSE: LEVI) stock slid 16.5% through 12:30 p.m. ET Thursday despite the company delivering an earnings beat last night. Heading into earnings, analysts forecast the blue jeans maker would earn only $0.11 per share on $1.45 billion i...

LEVI - Wall Street Lunch: Tough Road Ahead For Walgreens?

2024-06-27 13:26:00 ET Summary Walgreens stock plunged due to retail challenges and plans for major store closures. Micron shares fell despite earnings beat and positive outlook. Goldman says S&P 500 is the ‘perfectly constructed index’. Listen belo...

LEVI - Stocks Little Changed After Weak Earnings Reports

The S&P 500 inched lower on Thursday, as declines from Nvidia and Micron Technology weighed on the broad market index. The Dow Jones Industrials took on 64.7 points to break for lunch Thursday at 39,192.50. The much-broader index faded 6.89 points to 5,471.01. The NASDAQ dipped 21...

LEVI - Levi Strauss Q2: Not Bad Despite The Market Reaction, Still Optimistic And A Hold

2024-06-27 12:23:05 ET Summary 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 dri...

LEVI - Levi's sell-off underscores disconnect between demand for denim and guidance

2024-06-27 10:58:31 ET After a mixed Q2 earnings report and hike in its quarterly dividend, shares of Levi Strauss ( NYSE: LEVI ) continue to lose ground and are now looking at a record-setting drop in the stock, cutting through supports at its 50- and 100-day moving averages li...

LEVI - 4 stocks to watch on Thursday: NKE, USB and more

2024-06-27 09:21:00 ET U.S. stock index futures on Thursday pointed to a largely flat open, as market participants geared up for a busy economic calendar. Also in focus will be the first U.S. presidential debate later tonight. Here are some stocks to watch on Thursday: ... Re...

LEVI - Levi Strauss Q2 Results: Strong Earnings, Disappointing Guidance (Rating Downgrade)

2024-06-27 07:47:52 ET Summary Investors sold off shares in Levi Strauss following the release of its Q2 results. The sell off came despite positive developments with regards to its dividend and earnings. Particularly disappointing was the reaffirmation of the earnings guidanc...

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