Levi Strauss Stock Plunges
Levi Strauss trims guidance as it weighs sale of Dockers business
Denim-maker Levi Strauss is looking to sell its Dockers brand as the khaki maker drags down the company's overall performance.
Levi Strauss Stock Plunges as Company Considers Selling Dockers Brand
Key Takeaways Shares of Levi Strauss tumbled in early trading Thursday after the jeans maker announced it may sell its Dockers brand as it delivered mixed third-quarter results.While Levi's adjusted earnings per share of 33 cents beat consensus Wall Street estimates,
Levi Strauss Stock Slides After Company Cuts Revenue Outlook, Weighs Dockers Sale
Levi Strauss cut its annual revenue guidance and said it was exploring selling its Dockers fashion line, as Chief Executive Michelle Gass looks to center the company on its namesake brand. Shares (
Levi’s tempers forecast and weighs sale of Dockers — ‘This is all about focus,’ CEO says
Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast, even as management said its core Levi’s brand was leading the way toward improvement and called out potential gains from its new partnership with Beyoncé.
Levi Strauss Considers Possible Sale of Dockers Brand
The brand contributed about 5 percent of quarterly revenues as Dockers sales slackened by 15 percent from a year ago.
Levi’s Q3 Sales Rise 5%, Announces Plans to Sell Struggling Dockers Brand
Levi Strauss & Co. reported a 5% rise in Levi’s brand sales during its fiscal third quarter, marking the largest gain in two years. Revenue fell short of expectations, but its earnings per share slightly exceeded analyst predictions.
Levi Strauss weighs Dockers sale as Q3 fails to impress
US clothing brand Levi Strauss & Co. (LS&Co) is evaluating strategic alternatives for its underperforming Dockers brand after revealing its Q3 net revenues of $1.5bn were flat on a reported basis.
Levi Strauss Is Proof That Denim Is As Fashionable As Ever
Levi Strauss & Co (NYSE: LEVI) issued a mixed quarterly report. While the iconic denim brand is doing great as far as its ...
Levi Strauss shares fall on weak holiday-quarter forecast
Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker ...
Why Levis Strauss Stock Dropped Today
Problem is, that improvement will be only relative. According to management's latest guidance, Levi Strauss only hopes to ...
Levi Strauss Poised For Growth With Accelerating Women's Denim Segment And Cost-Saving Initiatives: Analyst
Telsey Advisory Group maintains an Outperform rating on Levi Strauss, citing growth in the women's denim segment and ...
Levi’s Search for the Perfect Fit Carries Risks
Selling denim to higher-income, brand-conscious consumers. The company said on its earnings call late Wednesday that it would ...
Levi Strauss & Co: Balancing Robust Profit Growth with Conservative Outlook and Mixed Regional Performance
J.P. Morgan analyst Matthew Boss maintained a Hold rating on Levi Strauss & Co (LEVI – Research Report) yesterday and set a price ...
Levi Strauss shares fall on sluggish holiday quarter forecast
Levi Strauss' shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue as ...
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Levi’s® launches new global campaign featuring Beyoncé
The Levi’s® brand today announced a new campaign with global icon Beyoncé. Following the release of “LEVI'S JEANS” — a ...