Levi Strauss' (LEVI) Q2 Earnings Beat Mark, Revenues Rise Y/Y

Shares of this San Francisco, CA-based player have gained 16.3% in the past three months compared with the industry's 1.2% drop. This Zacks Rank #2 (Buy) company's direct-to-consumer (DTC) net revenues jumped 8% year over year and 11% on a constant-currency basis. E-commerce revenues rose 19% both on a reported basis and a constantcurrency basis, including double-digit growth at the Levi's and Beyond Yoga brands. DTC business accounted for 47% of the overall net revenues. In the Americas, revenues jumped 17 ...