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Levi Strauss to Post Q3 Earnings: What Investors Should Know
ZACKS· 2024-09-27 18:55
Levi Strauss & Co. (LEVI) is likely to register bottom and top-line growth when it reports reports third-quarter fiscal 2024 earnings on Oct. 2, after the closing bell. The Zacks Consensus Estimate for revenues is $1.6 billion, which indicates a rise of 2.7% from the year-ago quarter's level. The consensus estimate for quarterly earnings has been stable over the past 30 days at 31 cents per share and indicates an increase of 10.7% from the year-earlier quarter's tally. The company has an average trailing fo ...
Wall Street's Insights Into Key Metrics Ahead of Levi Strauss (LEVI) Q3 Earnings
ZACKS· 2024-09-27 14:16
The upcoming report from Levi Strauss (LEVI) is expected to reveal quarterly earnings of $0.31 per share, indicating an increase of 10.7% compared to the year-ago period. Analysts forecast revenues of $1.55 billion, representing an increase of 2.7% year over year. 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. Before a company announces its earnings, it ...
Levi's teases Beyoncé collaboration as denim trend takes hold
CNBC· 2024-09-23 19:16
Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre in Los Angeles on April 1, 2024. Levi Strauss summoned the Beyhive on Monday after teasing a potential collaboration with Beyoncé in a post on Instagram. The brand's shares briefly popped after the update and were last up about 1% Monday. The post included an image of a woman wearing a cowboy hat and riding a horse with the caption "INTRODUCING: A New Chapter." Aside from the allusions to Beyoncé's latest album, "Cowboy Carter," Levi's a ...
Here's Why Levi Strauss (LEVI) Fell More Than Broader Market
ZACKS· 2024-09-05 23:01
In the latest trading session, Levi Strauss (LEVI) closed at $18.83, marking a -1.31% move from the previous day. This change lagged the S&P 500's daily loss of 0.3%. Meanwhile, the Dow experienced a drop of 0.54%, and the technology-dominated Nasdaq saw an increase of 0.25%. Heading into today, shares of the jeans maker had gained 11.06% over the past month, outpacing the RetailWholesale sector's gain of 5.02% and the S&P 500's gain of 3.42% in that time. The upcoming earnings release of Levi Strauss will ...
Levi Strauss (LEVI) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-04 23:22
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) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-08-22 23:01
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) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-08-16 23:02
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) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-08-09 23:00
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 ...
Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive
Seeking Alpha· 2024-06-29 10:45
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 ...
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
CNBC· 2024-06-28 13:02
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 ...