Levi Strauss Considers Possible Sale of Dockers Brand, Shares Tank 10%
Levi has flagged that the higher-end consumer was seeing incremental signs of pressure in the U.S. and that consumers in Europe were also being highly cautious, hurting sales of its apparel - mainly in the Dockers brand, known for its chinos and khakis.
Stocks were lower Thursday as traders weighed a greater-than-expected increase in weekly jobless claims and awaited the U.S.
Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker ...
Levi Strauss cut its annual revenue guidance and said it was exploring selling its Dockers fashion line, as Chief Executive ...
Analyzing Levi Strauss' financial performance and growth plan to determine if it is a viable investment option compared to ...
Bank of America Securities analyst Christopher Nardone reiterated a Hold rating on Levi Strauss & Co (LEVI – Research Report) today ...
Selling denim to higher-income, brand-conscious consumers. The company said on its earnings call late Wednesday that it would ...
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. The jeans maker posted revenue of $1.52 billion in the period, which missed Street ...
J.P. Morgan analyst Matthew Boss maintained a Hold rating on Levi Strauss & Co (LEVI – Research Report) yesterday and set a price ...
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