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2024-07-03 11:31:37 ET Summary Lowe's stock has dropped 15% from recent highs, as same-store sales are dropping due to a punk housing market. Q1 results beat tepid expectations; the company also reaffirmed full-year guidance and boosted its dividend payout by five percent. Is ...
2024-07-02 11:28:06 ET More on Ross Stores, Skechers, etc. Skechers: Jumping Forward With Top- And Bottom-Line Growth Ross Stores: Insights From Q1 2024 Earnings (Rating Upgrade) Ross Stores, Inc. (ROST) Q1 2024 Earnings Call Transcript Deutsche Bank bullish ...
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 &...
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...
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...
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...
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...
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...
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...
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...
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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...
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...
Reported Revenue Growth of 8%, Up 9% Constant Currency, In-line With Company Expectations Record Gross Margin of 60.5%, Up 180 BPS Over Prior Year Global DTC Revenue Up 8%, 11% in CC, Including 12% Growth in the U.S. Diluted EPS of $0.04, Adjusted Diluted EPS of $0.16 Exceeding ...