- Levi’s sales are expected to recover as the year progresses, with COVID-19 vaccines getting widely distributed and pandemic-led restrictions easing further.
- The company’s initiatives, including investment in e-commerce and retail stores as well as expansion in categories other than denim bottoms, are expected to boost future sales.
- Risks include the uncertainty associated with COVID-19, especially the impact of lockdowns in Europe on the company’s revenue.
- Levi’s long-term prospects appear attractive. However, given the rally in the stock over the recent months, investors should wait for a lower entry point to take a position.
For further details see:
Levi Strauss: Solid Long-Term Potential, But Wait For A Better Entry Level