Levi Strauss & (LEVI)
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Levi Strauss (LEVI) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-12-04 00:01
Levi Strauss (LEVI) ended the recent trading session at $18.40, demonstrating a +1.21% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.05%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.4%.The jeans maker's stock has climbed by 6.94% in the past month, exceeding the Retail-Wholesale sector's gain of 6.79% and the S&P 500's gain of 5.75%.Analysts and investors alike will be keeping a close eye on the performance of Levi Strauss in its ...
Levi's Revenue Dips, But Record Margins Might Stitch Things Up
MarketBeat· 2024-10-08 11:15
Levi Strauss & Co. Today | --- | --- | |-------------------------|-------| | | | | LEVI Levi Strauss & Co. | | | $19.66 | | | -0.16 (-0.81%) | | | 52-Week Range $13.02 | | | ▼ | | | $24.34 | | | Dividend Yield 2.65% | | | P/E Ratio 56.16 | | | Price Target $22.75 | | | | | Add to Watchlist Iconic American apparel manufacturer Levi Strauss and Co. NYSE: LEVI disappointed investors after lowering their guidance on their fiscal third-quarter of 2024 earnings report. While shares initially sold off 8% on the wa ...
Levi's Eyes Selling Dockers Brand as It Pivots to a D2C-First Retailer
PYMNTS.com· 2024-10-07 21:34
Levi Strauss & Co. is evaluating the possible sale of its Dockers brand amid its transformation to a direct-toconsumer (D2C)-first retailer. Once a dominant name in khakis, Dockers has struggled to maintain its relevance in a marketplace driven by changing consumer preferences and the rise of athleisure, experts told PYMNTS. The decision to explore strategic options, including a potential sale, underscores the challenges of navigating a shifting fashion landscape. In its third-quarter earnings results relea ...
LEVI Stock Drops After Earnings Report
Gurufocus· 2024-10-03 18:26
Shares of Levi Strauss & Co (LEVI, Financial) dropped by 7.19% today, with the stock price settling at $19.545. This decline follows the release of its third-quarter earnings report, which did not meet Wall Street's expectations. Levi's (LEVI, Financial) reported a 1% decrease in sales within the Americas region, partly due to the company's recent exit from its Denizen® business. The Dockers brand was also identified as an underperforming segment, prompting Levi's to explore various strategic options, inclu ...
Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration
Gurufocus· 2024-10-03 14:30
Levi Strauss & Co. ( LEVI , Financial ) recently experienced a 7.45% drop in its stock price, bringing it below the $20 mark. The company is reportedly contemplating the potential sale of its Dockers brand. Additionally, Levi Strauss has forecasted lower-than-expected operating revenue for the fourth quarter. Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios. ...
Levi Strauss & (LEVI) - 2024 Q3 - Earnings Call Transcript
2024-10-03 03:25
Levi Strauss & Co. (NYSE:LEVI) Q3 2024 Earnings Conference Call October 2, 2024 5:00 PM ET Company Participants Aida Orphan - Vice President of Investor Relations Michelle Gass - President and Chief Executive Officer Harmit Singh - Executive Vice President and Chief Financial and Growth Officer Conference Call Participants Robert Drbul - Guggenheim Securities Matthew Boss - JPMorgan Oliver Chen - TD Cowen Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Jay Sole - UBS Laurent Vasilescu - BNP Paribas ...
Levi Strauss (LEVI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-02 22:31
For the quarter ended August 2024, Levi Strauss (LEVI) reported revenue of $1.52 billion, up 0.4% over the same period last year. EPS came in at $0.33, compared to $0.28 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.55 billion, representing a surprise of -2.25%. The company delivered an EPS surprise of +6.45%, with the consensus EPS estimate being $0.31. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Levi Strauss (LEVI) Q3 Earnings Surpass Estimates
ZACKS· 2024-10-02 22:16
Levi Strauss (LEVI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.45%. A quarter ago, it was expected that this jeans maker would post earnings of $0.11 per share when it actually produced earnings of $0.16, delivering a surprise of 45.45%. Over the last four quarters, the company ...
Levi Strauss & Co (LEVI) Q3 2024 Earnings: EPS of $0.05, Revenue at $1.
Gurufocus· 2024-10-02 20:31
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. The company manages its business according to three regional segments: the Americas, Europe, and Asia. Oct 02, 2024 Powered by 0 l Performance Overview Levi Strauss & Co (LEV ...
Levi Strauss & (LEVI) - 2024 Q3 - Quarterly Results
2024-10-02 20:06
Exhibit 99.1 Investor Contact: Aida Orphan Media Contact: Elizabeth Owen Levi Strauss & Co. Levi Strauss & Co. (415) 501-6194 (415) 501-7777 Investor-Relations@levi.com NewsMediaRequests@levi.com FOR IMMEDIATE RELEASE LEVI STRAUSS & CO. REPORTS THIRD-QUARTER 2024 FINANCIAL RESULTS REPORTED NET REVENUES FLAT, UP 2% CONSTANT CURRENCY, LEVI'S® BRAND UP 5% GROSS MARGIN ROSE 440 BPS YEAR OVER YEAR TO 60.0% DILUTED EPS OF $0.05, ADJUSTED DILUTED EPS OF $0.33, UP 18% YEAR OVER YEAR COMPANY UPDATES FY NET REVENUE A ...