Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration

Core Insights - Levi Strauss & Co. has seen a significant decline in its stock price, dropping by 7.45% and falling below the $20 mark [1] - The company is considering the potential sale of its Dockers brand, indicating a strategic shift [1] - Levi Strauss has projected lower-than-expected operating revenue for the fourth quarter, suggesting potential challenges ahead [1]