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Dividend hikes are positive signals for investors, and not just because they promise an imminent income boost. Companies that raise their payouts are often flush with cash and enjoying improving growth opportunities that can deliver market-thumping returns to shareholders. Not all divid...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cleveland-Cliffs (NYSE: CLF ) reported strong second-quarter results on July 22, while the valuation of CLF stock remains extremely low. Also importantly, the macroeconomic and geopolitical pictures are upbeat overall...
Alphabet 's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google is sued over its app store. Wells Fargo (NYSE: WFC) cuts its personal lines of credit. The Chinese government slows down ride-hailing app Didi (NYSE: DIDI) . Stamps.com (NASDAQ: STMP) is being taken privat...
Levi Strauss (NYSE: LEVI) is experiencing an "accelerated recovery" across its business, CEO Chip Bergh noted in the fiscal second-quarter earnings report delivered earlier this month. The stock price seems to reflect that sentiment as it is up 8.9% in the last month and 33% yea...
Investors celebrated Levi Strauss ' (NYSE: LEVI) latest earnings report for good reasons. The jeans specialist is capitalizing on the demand shift toward casual wear, and earnings are spiking as e-commerce sales expand faster than wholesale volume. There's plenty more room t...
Maybe casual Fridays are dominated by jeans and other denim products, but last Thursday was Levi Strauss & Co’s day (NYSE: LEVI). Both sales and earnings for fiscal second quarter topped the analysts’ forecasts, as the demand for famous denim products is on the rise in Chi...
Nalin Prutimongkol/iStock via Getty Images Goldman Sachs launches coverage of the apparel and brands sector after the retail industry emerges from almost 18 months of disruption from the global pandemic. The firm forecasts continued strong growth and margin expansion for the group, but advise...
Levi Strauss (NYSE: LEVI) chose a dramatic way to mark its first quarter of growth since the pandemic struck. The jeans and casual-wear specialist on Thursday afternoon announced record sales and profit margins through late May. Executives also raised their 2021 outlook for a second...
Levi Strauss reported Q2 earnings highlighted by strong growth momentum and profitability. Company is seeing a strong recovery to its global operations with most regions already exceeding pre-pandemic sales levels. The company hiked its quarterly dividend by 33% to $0.08 represent...
Global jeanswear leader Levi Strauss (LEVI) reported better than expected earnings result in its fiscal second quarter by capitalizing on changing trends in attire. But several of its key markets continue to be affected by the delta variant of the coronavirus. So, is it wise to bet on the sto...
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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...