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Levi Strauss Expects Strong Sales Despite Tariffs
One company is shrugging off the effect of President Trump's tariffs, surprisingly for now, is Levi. Shares are rising on a positive earnings report. Levi, CFO, saying, quote, Given our strong first half and continued momentum across the business and despite higher tariffs, we are raising our full year revenue and EPS expectations.For more, we are joined by Bloomberg retail reporter Lily Meyer. Why is Levi able to weather the storm with the tariffs, especially given that you would expect input costs to go u ...