Levi Strauss ' (NYSE: LEVI) latest earnings report shows a company building momentum for a post-pandemic world. The biggest indicator of that was management's discussion on the earnings call about the growth opportunities of a new physical store format it's calling "NextGen."
While digital revenue -- both via the company's own e-commerce site and from the online sales of its wholesale partners -- increased a robust 34% in the last quarter, the company still sees its brick-and-mortar stores playing a vital role in growing the brand. And it's clearly playing offense there.
Management mentioned three specific catalysts during the earnings call that could push the share price higher in 2021.
For further details see:
3 Reasons Levi Strauss Stock Could Move Higher in 2021