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Levi (LEVI) has been able to recover from its all-time low last year with a focus on digitalization. Also, the company has made management and operational changes to accelerate the pace of its business growth. Going forward, we think LEVI will continue its positive run based on its impressive...
Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company’s financial results for the fourth quarter ended November 29, 2020. The call will be held on Wednesday, January 27 at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time, and will be hosted by Chip B...
Guggenheim Securities is more confidant in department stores and apparel companies going into 2021.Apparel has “pent-up demand”, while optimism about the vaccine should help both sets of stocks, analyst Robert Drbul writes.Drbul boosts the price target Kohl’s ([[KSS]],...
Most of the traditional companies in the space face razor-thin margins, inventory hurdles, and massive competition from a plethora of newly formed online brands. Levi's latest results were impressive, showcasing strong e-commerce sales, robust gross margins, and ample liquidity. D...
Nike (NYSE: NKE) and Levi Strauss (NYSE: LEVI) both suffered a drop in sales at the onset of the pandemic earlier this year, but Levi was hit much harder. Over the last year, Nike's stock has significantly outgained that of its apparel peer thanks to strong performance from ...
Consumer spending is expected to improve over the next few months as COVID-19 vaccines begin to beat back the global pandemic and economies start to re-engage in earnest. With this, the beaten-down apparel industry should bounce back. Hence, it could be wise to bet on companies in this sector...
Goldman Sachs turns bullish on Levi Strauss & Co. (LEVI) with an upgrade to Buy from Sell in what it calls an attractive risk-reward profile going into 2021."LEVI has delivered on several initiatives since the emergence of the COVID-19 pandemic and importantly the company has seen an acce...
Levi Strauss & Co. (NYSE: LEVI) announced today that its board of directors has appointed Elliott Rodgers as a member of the board, effective immediately. Rodgers currently serves as chief information officer of Ulta Beauty, Inc. (NASDAQ: ULTA) and has more than a deca...
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 participate in a fireside chat at the J.P. Morgan Global Consumer, Retail & Luxury Conference, hel...
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...
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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...