Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration
Levi Strauss & (LEVI) Gurufocus·2024-10-03 14:30
Levi Strauss & Co. ( LEVI , Financial ) recently experienced a 7.45% drop in its stock price, bringing it below the $20 mark. The company is reportedly contemplating the potential sale of its Dockers brand. Additionally, Levi Strauss has forecasted lower-than-expected operating revenue for the fourth quarter. Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios. ...