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Levi Strauss Expanding Assortment For Growth
Forbes· 2024-01-24 11:45
Jeans were manufactured by Levi Strauss and Co.gettyLevi Strauss had a terrific year in 2023. Reports are jeans were in strong demand and that gross margin improved. Many believe that Levis jeans remain the leadership brand.Coming from this strong position, one naturally wonders, ‘What will 2024 bring?’It is easy to say – Levi Strauss is in transition. Here are some facts that explain why:New Leadership: Michelle Gass, who joined the company in December 2022 after abruptly leaving the Kohl’s leadership tea ...
Insights Into Levi Strauss (LEVI) Q4: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-01-22 18:56
In its upcoming report, Levi Strauss (LEVI) is predicted by Wall Street analysts to post quarterly earnings of $0.43 per share, reflecting an increase of 26.5% compared to the same period last year. Revenues are forecasted to be $1.66 billion, representing a year-over-year increase of 4.6%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company ...
Levi Strauss (LEVI) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-19 23:56
Levi Strauss (LEVI) ended the recent trading session at $15.60, demonstrating a +0.58% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 1.23%. Meanwhile, the Dow experienced a rise of 1.06%, and the technology-dominated Nasdaq saw an increase of 1.7%.Shares of the jeans maker witnessed a loss of 3.36% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.02% and the S&P 500's gain of 0.94%.The investmen ...
Beyond Yoga® Announces Executive Leadership Transition, Designed to Fuel Growth Under Levi Strauss & Co.
Businesswire· 2024-01-19 18:00
LOS ANGELES--(BUSINESS WIRE)--Beyond Yoga®, a premium athletic and lifestyle apparel brand owned by Levi Strauss & Co. (LS&Co.; NYSE: LEVI), announced today that co-founder Michelle Wahler will step down as CEO. Nancy Green, former CEO and president of Athleta, will assume the role of CEO of Beyond Yoga® to scale the brand’s continued growth and expansion within LS&Co.’s brand portfolio. Green will join Beyond Yoga® on February 1, 2024. "We set out to develop a brand that honors real women’s bodies, and ...
Why the Market Dipped But Levi Strauss (LEVI) Gained Today
Zacks Investment Research· 2024-01-18 00:06
Levi Strauss (LEVI) closed the most recent trading day at $15.42, moving +1.18% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.56%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.59%.Prior to today's trading, shares of the jeans maker had lost 2.62% over the past month. This has lagged the Retail-Wholesale sector's gain of 1.08% and the S&P 500's gain of 1.2% in that time.The upcoming earnings release ...
Here is What to Know Beyond Why Levi Strauss & Co. (LEVI) is a Trending Stock
Zacks Investment Research· 2024-01-15 15:32
Levi Strauss (LEVI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this jeans maker have returned +3.3%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Retail - Apparel and Shoes industry, which Levi Strauss falls in, has gained 3.3%. The key question now is: What could be the stock's future direction?Althoug ...
Levi Strauss (LEVI) Advances But Underperforms Market: Key Facts
Zacks Investment Research· 2024-01-09 00:35
In the latest trading session, Levi Strauss (LEVI) closed at $16.28, marking a +1.18% move from the previous day. This move lagged the S&P 500's daily gain of 1.41%. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 2.2%.Shares of the jeans maker witnessed a gain of 7.05% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 2.51% and the S&P 500's gain of 2.9%.Market participants will be closely following the financial results ...
Levi Strauss (LEVI) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-01-05 00:34
Levi Strauss (LEVI) ended the recent trading session at $15.60, demonstrating a +0.06% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.34% loss on the day. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.56%.The jeans maker's stock has climbed by 2.7% in the past month, falling short of the Retail-Wholesale sector's gain of 3.02% and outpacing the S&P 500's gain of 2.56%.The upcoming earnings release of Levi Strauss w ...
Levi Strauss & Co. (LEVI) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-01-03 15:31
Levi Strauss (LEVI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this jeans maker have returned +7%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Retail - Apparel and Shoes industry, which Levi Strauss falls in, has gained 1.8%. The key question now is: What could be the stock's future direction?While media releas ...
Levi Strauss & (LEVI) - 2023 Q3 - Earnings Call Transcript
2023-10-06 01:15
Levi Strauss & Co. (NYSE:LEVI) Q3 2023 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Aida Orphan - Vice President, Investor Relations Chip Bergh - President and Chief Executive Officer Michelle Gass - President Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Robert Drbul - Guggenheim Securities Jay Sole - UBS Matthew Boss - JPMorgan Oliver Chen - TD Cowen Laurent Vasilescu - BNP Paribas Operator Good day, ladies and gentlemen, and welcome to the Levi ...