Levi Strauss: Positive On The DTC Transition And Restructuring Program
Levi Strauss & (LEVI) Seeking Alpha·2024-01-31 04:03
Justin Sullivan Investment action Based on my current outlook and analysis of Levi Strauss & Co. (NYSE:LEVI), I recommend a buy rating. While I agree that the macro conditions are not perfect for LEVI, I really like how the business has executed the DTC transition so far, which has driven margin in the right direction. The management decision to implement a restructuring program today is also something I am in favor of because now is the best time to better position the business for growth since growth oppo ...