Jeans are displayed at a Levi Strauss store in New York, March 19, 2019.Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer said Thursday.The job cuts will take place in the first half of the year, and could affect up to 15% of corporate employees, Levi's said. The company made the announcement as it reported fourth-quarter earnings. This is breaking news. Please check back for updates. ...

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the fourth quarter and fiscal year ended November 26, 2023. "I am proud of what we have accomplished over the past twelve years. By putting the Levi’s brand at the center of culture, we revitalized this iconic brand and transformed our financials putting us in a position where we are stronger today,” said Chip Bergh, president and chief executive officer of Levi Strauss & Co. “While 2023 was a challengin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) Delaware 94-0905160 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal ...

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 ...

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) 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 ...

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 ...

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 ...

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 ...

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 ...