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Bank of America upgrades Levi Strauss (LEVI) to a Buy rating from Neutral on its view that the company is poised for a faster recovery than peers and can drive healthy sales growth post-recovery. Analyst Heather Balsky: "We don't think shares are fully valuing LEVI’s recovery potential...
Levi Strauss & Co. (NYSE: LEVI) today announced that Harmit Singh, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the Morgan Stanley Life After Covid Thematic Conference on Tuesday, November 10, 2020 at 12:00 p.m. ET. To acce...
Shares of Levi Strauss (NYSE: LEVI) were gaining last month after the jeans maker delivered a better-than-expected third quarter earnings report. Though the company is clearly experiencing headwinds from the COVID-19 pandemic, its performance shows it is managing well through the cr...
Elections and rising corona cases are causes for worry for most investors. Digital transformation is a long-term secular trend that will define this decade. We highlight two niche markets (pools and generators) that are experiencing unprecedented demand. For further details ...
UBS analyst Jay Sole thinks strong employee satisfaction scores at Levi Strauss ([[LEVI]] +2.1%) are a positive sign for the company. "Levi's 2020 Glassdoor scores have improved across 8 of 8 metrics vs. 2019, with some of the biggest gains coming in compensation & benefits and senior man...
Levi Strauss & Co. (NYSE: LEVI) today announced a series of leadership changes, effective November 30, 2020, designed to position the company for the future. As shared in the company’s most recent quarterly financial announcement, LS&Co. is elevating the Levi’s ...
Levi Strauss posts continued declines in FQ3, but recovery signs are emerging. E-commerce is gaining traction, while cost initiatives are shaping a structurally improved profit outlook. Post-pandemic earnings power implies significant valuation upside. For further details se...
Though Wall Street had somber expectations for LEVI’s FQ3 sales and profits, it appeared that the market environment was not as depressed as pundits expected. As persisting ripple effects of the pandemic restrained sales at company-operated and third-party retail locations, the...
Levi Strauss reported its latest quarterly earnings which beat top and bottom-line expectations. Strength in its e-commerce business is balancing still weak brick-and-mortar store sales. The company expects the operating environment to normalize by next year and anticipates resumi...
Levi Strauss (NYSE: LEVI) saw its revenue decline substantially in fiscal 2020's third quarter (which ended Aug. 23) due to reduced traffic and store closures during the coronavirus pandemic. However, Levi's e-commerce revenue growth accelerated meaningfully, and management is ...
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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...