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Fashion is notoriously fickle, and that seems to be the case for online used-clothing marketplace Poshmark, too, as the company is delaying its planned initial public offering until next year. Fashion companies have been busy for the past year or so, with Revolve (NYSE: RVLV) , The RealReal...
Levi Strauss (LEVI) is well worth monitoring as a long-term investment for a large number of reasons. The pullback experienced during Q2 has created more of an interesting entry point for the stock, which currently trades at around 1.1x sales. Some of the key long-term drivers of the company's...
Levi Strauss (NYSE: LEVI) is the top jeans brand in the world, but it's been a rough outing for the stock since it began trading in March of this year, with the stock price down 25% since the IPO. One of the main reasons for investor pessimism has been the weakness in the who...
Strategic acquisition to accelerate growth in region and further diversify business Levi Strauss & Co. (NYSE: LEVI) today announced it has entered into an asset purchase agreement to acquire all operating assets related to the Levi’s® and Dockers® brands from The...
Levi Strauss & Co. (NYSE: LEVI) today announced that Chip Bergh, president and chief executive officer, and Harmit Singh, executive vice president and chief financial officer, will present at Goldman Sachs 26 th Annual Global Retailing Conference in New York City on Wednesday, September ...
The volatility continues in the apparel sector after China retaliates against the U.S. with new tariffs. More news on: Foot Locker, Inc., G-III Apparel Group, Ltd., Under Armour, Inc., Consumer stocks news, Stocks on the move Read more ...
An Evolution in Global Resource Management, New Strategy Sets Water Targets for Global Suppliers, Aims to Significantly Reduce Overall Water Use and Fortify Watersheds through Collective Action Levi Strauss & Co. (LS&Co.) today announced a new water action strategy that repre...
Bank of America Merrill Lynch upgrades Levi Strauss ( LEVI +0.7% ) to a Buy rating from Neutral on its view the apparel brand is a standout in a highly disrupted environment. More news on: Levi Strauss & Co., Consumer stocks news, Read more ...
The retail sector is being whalloped by weak guidance from Macy's and increasing talk of recession risk in the U.S. More news on: Macy's, Inc., Abercrombie & Fitch Co., Guess', Inc., Consumer stocks news, Stocks on the move Read more ...
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2024-07-05 03:41:55 ET Shares of apparel company Levi Strauss (NYSE: LEVI) dropped 19.7% in June, according to data from S&P Global Market Intelligence . In short, the analyst community didn't like the company's financial report for its fiscal second quarter of 2024, which c...
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...