In the latest market close, Levi Strauss (LEVI) reached $19.08, with a -0.63% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.3%. The jeans maker's shares have seen an increase of 9.65% over the last month, surpassing the Retail-Wholesale sector's gain of 5.52% and the S&P 500's gain of 3.64%. Market participants will be closely following the financial result ...

Levi Strauss (LEVI) closed the latest trading day at $18.94, indicating a -1.81% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.89%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 1.67%. The jeans maker's shares have seen an increase of 10.23% over the last month, surpassing the Retail-Wholesale sector's gain of 2.93% and the S&P 500's gain of 2.17%. The upcoming earnings release of Levi Strauss will be of great interest to investor ...

Levi Strauss (LEVI) closed the most recent trading day at $18.99, moving +0.96% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.2%. Meanwhile, the Dow experienced a rise of 0.24%, and the technology-dominated Nasdaq saw an increase of 0.21%. The jeans maker's shares have seen an increase of 2.45% over the last month, surpassing the Retail-Wholesale sector's loss of 1.25% and the S&P 500's loss of 1.49%. The investment community will be paying close attention to the earnin ...

Levi Strauss (LEVI) closed at $17.52 in the latest trading session, marking a -0.9% move from the prior day. This move lagged the S&P 500's daily gain of 0.47%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.51%. The jeans maker's stock has dropped by 7.53% in the past month, falling short of the Retail-Wholesale sector's loss of 6.2% and the S&P 500's loss of 4.45%. Market participants will be closely following the financial results of Levi Strauss in its upcoming release. It is antic ...

Marina Shvetsova/iStock via Getty Images Review Aside from DTC, it was also encouraging to learn that LEVI saw sequential improvement in wholesale sell-through in the US and Europe, highlighting more normalized channel inventory levels and continued improvement in US trends exiting the quarter. These are a few implications from this. Firstly, this tells us that consumer demand for denim products has improved. Secondly, this means lower pressure on the LEVI balance sheet to hold inventories on its balance sh ...

LEVI Jeff Greenberg | Universal Images Group | Getty Images Levi Strauss shoppers are taking that advice to heart. Levi Strauss executives are ecstatic. "The growing popularity of Western wear is at an all-time high," CEO Michelle Gass told analysts Wednesday night after the California-based retailer's latest earnings report for the quarter ended in May. Beyond Beyoncé's chart-topping "Cowboy Carter" album, the increased ubiquity of Western style has also been tied to a fashion line unveiled by Louis Vuitto ...

Today's sell-off in Levi stock could be a great buying opportunity for value investors. Heading into earnings, analysts forecast the blue jeans maker would earn only $0.11 per share on $1.45 billion in second-quarter 2024 sales. In fact, Levi earned $0.16 per share -- nearly 50% more than expected -- while sales came in close to the mark at $1.44 billion. Levi Strauss' Q2 earnings That being said, Levi did grow sales 8% year over year, and did report a record gross profit margin of 60.5%, leading to the ear ...

The company also announced a shift from a primarily owned-and-operated distribution and logistics network in the US and Europe to one that relies more heavily on third-party providers. With Post wires Levi Strauss'shares tumbled more than 15% on Thursday after weakness in the denim maker's wholesale business led to downbeat second-quarter revenue. Levi Strauss has been grappling with choppy demand in its wholesale business as retailers have remained cautious about restocking against the backdrop of consumer ...

Not too bad but disappointing 2Q24 results Finally, we have the issue of multiple contraction. The above return of 10% is based on Levi's P/E multiple remaining at 15x or above. Otherwise, the gain from expanding earnings would be negated by a falling multiple, potentially leading to share price declines. If, for example, after Levi provides a 40% earnings growth, the market expects it to grow less in the future, and the multiple moves to say, 12x, our return over the holding period would contract by 20% at ...

Levi Strauss narrowly missed second-quarter sales forecasts as its Dockers brand underperformed. Levi Strauss affirmed its full-year revenue and adjusted earnings per share (EPS) outlook, but Goldman Sachs analysts were disappointed the company didn't raise its guidance. Shares had risen roughly 40% in 2024 through Wednesday's close but sank 17% in intraday trading Thursday. The company reported second-quarter revenue rose 7.8% to $1.44 billion, slightly short of the $1.45 billion expected by analysts surve ...