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Levi Strauss & Co. (NYSE: LEVI) hasn't been a hot growth stock like other apparel brands in recent years, but investors may want to keep this top denim brand on their watch lists. Levi's business is recovering well from the pandemic. Analysts currently expect revenue to increase...
With the gradual demise of skinny jeans, there has been a resurgence in the popularity of loose-fitting and wide-legged jeans as consumers look for more comfortable and relaxing styles. This shift in fashion preference should bolster the growth of leading players in this space—Levi Str...
The retail industry is witnessing a significant increase in sales, driven by increasing back-to-school spending. Analysts expect apparel sales to climb substantially as schools and colleges reopen and leading players like Levi Strauss & Co. (LEVI) and American Eagle Outfitters, Inc. (AEO)...
A recap on retail and e-commerce from Wells Fargo in the wake of second-quarter earnings highlights what it notes are twin dynamics having an impact on the space this summer: fairly positive results from back-to-school season, against a supply chain problem that has been getting worse. The so...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors are delighted about the prospect of an upcoming back-to-school shopping season soon because this means a boost for a handful of retail stocks. Millions of students are ready to return to classes for the first time...
Consumer goods companies are wrestling with the prospects of higher supply chain costs in the near term, stemming from increasing transportation costs. This could affect what consumers pay for everyday items, such as their morning coffee at Starbucks (NASDAQ: SBUX) . In June, U...
Mall and apparel stocks are solidly higher after more strong reads come in on spending trends in the U.S. The Johnson Redbook Retail Sales Index rose 16.2% in the first week of August with "shoppers focused" on summer clearance sales and back-to-school merchandise. Back-to-school sales tax ho...
Apparel stocks had a sneaky good week with big gains being churned up after sector earnings reports arrived strong. Notable gainers for the week included Under Armour (NYSE:UAA) +22.2%, FIGS (NYSE:FIGS) +8.7%, Hanesbrands (NYSE:HBI) +8.7%, Ralph Lauren (NYSE:RL) +8.5% and PVH (NYSE:PVH) +5.5%...
The acquisition provides entry into the high-growth activewear segment and further diversifies LS&Co.’s business. Beyond Yoga will provide substantial net revenue opportunity over time through channel, geographic, gender and category expansion. The transac...
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...
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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...