Short Take
Levi Strauss (LEVI) went public in the U.S. in March 2019.
The firm designs and sells denim jeans and related apparel and accessories direct to the consumer through company-owned and via third party stores in various global regions.
LEVI is suffering due to the sharply negative economic effects of the Covid-19 outbreak, but its DTC operations may give the firm an advantage in the post-crisis rebuilding period.
My bias on the stock is Neutral, but I’m watchlisting it for review in 3 months time.
Company
San Francisco, California-based Levi Strauss was