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Levi's shares higher on boosted full-year profit guidance
Proactive Investors· 2024-04-03 20:39
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Nearly half of Levi's sales are now direct to consumer, a major shift as department stores fade
CNBC· 2024-04-03 20:17
Levi Strauss, which has long relied on wholesalers like Macy's and Kohl's to drive its business, is now doing nearly half of its sales through its own website and stores, the company said Wednesday when reporting fiscal first quarter earnings. In the three months ended Feb. 25, direct-to-consumer sales made up a record 48% of overall sales at Levi's, up from 42% in the year-ago period and 25% higher on a two-year basis, the retailer said. The shift is a boon for Levi's profits. But it raises questions about ...
Levi Strauss & (LEVI) - 2024 Q1 - Quarterly Results
2024-04-03 20:06
OF $0.26 Exhibit 99.1 FOR IMMEDIATE RELEASE 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 LEVI STRAUSS & CO. REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS Q1 EARNINGS RESULTS ABOVE EXPECTATIONS GROSS MARGIN OF 58.2% UP 240 BPS OVER PRIOR YEAR DRIVEN BY LOWER PRODUCT COSTS & FAVORABLE MIX SHIFT GLOBAL DTC UP 7% INCLUDING 10% GROWTH IN THE U.S. DILUTED LOSS PER SHARE OF $(0.0 ...
Levi Strauss & (LEVI) - 2024 Q1 - Quarterly Report
2024-04-03 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________ Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended February 25, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-06631 _________________ LEVI STRAUSS & CO. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdic ...
Here's Why Levi Strauss (LEVI) Gained But Lagged the Market Today
Zacks Investment Research· 2024-03-18 23:06
The latest trading session saw Levi Strauss (LEVI) ending at $18.28, denoting a +0.49% adjustment from its last day's close. This change lagged the S&P 500's 0.63% gain on the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Shares of the jeans maker have appreciated by 1.85% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 2.64% and outperforming the S&P 500's gain of 1.76%.Analysts and investors alike will be keeping a close eye o ...
Is Trending Stock Levi Strauss & Co. (LEVI) a Buy Now?
Zacks Investment Research· 2024-03-08 15:06
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.Shares of this jeans maker have returned +2.9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Retail - Apparel and Shoes industry, to which Levi Strauss belongs, has gained 6.6% over this period. Now the key question is: Where could the stock be headed in the near term?Although media r ...
Levi Strauss (LEVI) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-03-04 23:56
Levi Strauss (LEVI) ended the recent trading session at $18.34, demonstrating a +0.55% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.12% for the day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.41%.The jeans maker's shares have seen an increase of 12.45% over the last month, surpassing the Retail-Wholesale sector's gain of 1.32% and the S&P 500's gain of 4.83%.Market participants will be closely following the financia ...
Levi Strauss (LEVI) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-02-27 23:56
Levi Strauss (LEVI) closed the most recent trading day at $18.25, moving +0.77% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.17%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 0.37%.The the stock of jeans maker has risen by 9.23% in the past month, leading the Retail-Wholesale sector's loss of 0.11% and the S&P 500's gain of 3.8%.The investment community will be paying close attention to the earnings performance of Levi Strauss in its upcoming releas ...
Levi Strauss (LEVI) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-02-21 23:56
In the latest market close, Levi Strauss (LEVI) reached $17.94, with a -0.33% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq decreased by 0.32%.Shares of the jeans maker witnessed a gain of 14.29% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 4.57% and the S&P 500's gain of 2.99%.The upcoming earnings releas ...
Levi Strauss (LEVI) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-02-15 23:56
Levi Strauss (LEVI) closed at $17.87 in the latest trading session, marking a +1.02% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.58%. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 0.3%.Shares of the jeans maker have appreciated by 14.72% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 5.24% and the S&P 500's gain of 4.61%.The upcoming earnings release of Levi Strauss will be of great interest to investors. In t ...