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Sydney Sweeney sparks latest meme stock rally as American Eagle soars 18%
CNBC· 2025-07-24 13:07
Sydney Sweeney attends the 10th Annual LACMA ART+FILM GALA at the Los Angeles County Museum of Art on November 06, 2021 in Los Angeles, California.The "Euphoria" and "Anybody But You" star will headline a fall campaign for the retailer, American Eagle announced Wednesday. Shares of the company surged more than 12% in Thursday premarket trading.Thursday's jump makes American Eagle poised to join the ranks of a new class of meme stocks that has emerged this week. American Eagle's high short interest and inher ...
How Will Levi's Stock React To Its Upcoming Earnings?
Forbes· 2025-07-09 11:05
Group 1 - Levi Strauss & Co. is set to report its fiscal second-quarter earnings on July 10, 2025, with analysts projecting adjusted earnings of $0.13 per share on revenue of $1.37 billion, indicating a 19% decline in earnings year-over-year and a 5% decrease in sales compared to the previous year's figures of $0.16 per share and $1.44 billion in revenue [2] - The company has a current market capitalization of $7.8 billion, with revenue over the past twelve months at $6.3 billion, operational profits of $647 million, and net income of $356 million [3] - Levi's management anticipates organic revenue growth of 3.5%–4.5% in Q2, with gross margin expanding by 80–100 basis points, while projecting a revenue decline of 1%–2% for the entire year, excluding tariff effects [2] Group 2 - Historical data shows that LEVI's stock has tended to outperform following earnings announcements, with a 53% occurrence of positive one-day returns and a median one-day increase of 4.2% [2][5] - Over the last five years, there have been 17 earnings data points recorded, with 9 positive and 8 negative one-day returns, while the percentage of positive returns decreases to 33% when examining data from the last three years [5] - The correlation between short-term and medium-term returns following earnings can be analyzed to identify trading strategies, with a focus on pairs that exhibit the highest correlation [6][7]