Levi Strauss forecasts annual profit below estimates as tariffs weigh

(Reuters) -Levi Strauss raised its full-year profit forecast on Thursday, but the projection fell short of Wall Street expectations, sending shares of the denim-maker down about 6% in premarket trading. The company now expects fiscal-year 2025 adjusted profit per share in the range of $1.27 to $1.32, up from its prior forecast of between $1.25 and $1.30 per share. The mid-point was below an estimate of $1.31, according to data compiled by LSEG. The forecast assumes U.S. tariffs will remain at 30% for Ch ...