Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive

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 ...