Levi Strauss

Levi Strauss & Co. engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.

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Levi Strauss reports strong fiscal year, eyes global growth opportunities

Levi Strauss had a strong fiscal year with revenue and EPS meeting high-end expectations, driven by international and DTC growth.
The company's revenue diversification strategy and confidence in delivering profitable growth in 2023 are key strengths.
Challenges include revenue decline in Europe, supply chain issues, and caution in inventory pacing.
Opportunities lie in anticipated revenue growth, upcoming initiatives, and focus on cost control measures and inventory management.

Levi Strauss reports robust Q1 growth, eyes DTC momentum

Levi Strauss delivered a strong Q1 performance with revenue growth across key segments, driven by DTC acceleration and international expansion.
While facing challenges in certain product lines and wholesale channels, Levi's brand strength and digital investments position the company well for future growth.
Opportunities lie in optimizing gross margins, leveraging DTC momentum, and navigating changing market dynamics to drive profitability and market share.
Overall, Levi Strauss maintains its guidance for fiscal 2023, showcasing confidence in its strategic direction and ability to navigate industry challenges.

Levi Strauss reports Q2 challenges, eyes growth in DTC and China

Levi Strauss faced revenue challenges in Q2 but saw strong DTC and international growth.
Strategic actions were taken to address U.S. wholesale issues and improve inventory levels.
Despite lowered outlook, the company remains optimistic with improving trends and strategic initiatives.
Focus on brand leadership, DTC, and inventory strategies present opportunities for future growth.

Levi Strauss reports strong Q3 performance, focuses on DTC growth

Levi Strauss showcased a strong performance in Q3 2023, emphasizing growth in DTC and international segments despite challenges in the wholesale business. The company is committed to driving long-term profitable growth, enhancing consumer experiences, and improving productivity to achieve its financial targets.

Levi Strauss reports solid Q4 earnings amidst global challenges

Levi Strauss delivered solid financial performance in Q4 2023, with revenue growth, margin expansion, and strong brand positioning across categories and regions.
While facing challenges in Europe's wholesale channel and supply chain issues, the company is leveraging strengths in brand collaborations and product innovation.
Opportunities in Asia, denim dressing categories, and wholesale improvements in the U.S. and Europe position Levi's for continued growth and resilience.

Levi Strauss beats Q1 revenue expectations, eyes DTC growth opportunities

Levi Strauss Q1 2024 showcased resilience with revenue decline offset by strong EPS performance. The company is strategically focused on driving profitability through cost efficiencies, fabric innovations, and DTC channel growth. Challenges remain in achieving pre-COVID profitability levels and optimizing operations in different regions.

Levi Strauss Q2 2024: Record Margins, Strong DTC Growth

Levi Strauss & Co. delivered a strong performance in Q2 2024, driven by significant growth in DTC channels and record-high gross margins. The company is successfully navigating market challenges with strategic transformations and is poised for continued innovation and market leadership, especially in the women's segment.

Levi Strauss reports strong Q3 results, eyes growth opportunities

Levi Strauss delivered solid Q3 results with revenue growth, margin expansion, and strong brand performance, despite challenges in certain regions and brands.
Strategic adjustments are being made to address underperforming areas like Dockers, China, and Mexico, while focusing on core brands and growth opportunities.
The company's focus on DTC business, margin expansion initiatives, and global transformation efforts position it well for continued success and growth in the future.

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Iconic American apparel manufacturer Levi Strauss and Co. NYSE: LEVI disappointed investors after lowering their guidance on their fiscal third-quarter of 2024 earnings report. While shares initially sold off 8% on the warning from the declining headline metrics, there were many positives in the report that were overshadowed by the initial sell-off reaction.

Levi's Revenue Dips, But Record Margins Might Stitch Things Up

Levi Strauss & Co. is evaluating the possible sale of its Dockers brand amid its transformation to a direct-to-consumer (D2C)-first retailer. Once a dominant name in khakis, Dockers has struggled to maintain its relevance in a marketplace driven by changing consumer preferences and the rise of athleisure, experts told PYMNTS.

Levi's Eyes Selling Dockers Brand as It Pivots to a D2C-First Retailer

Telsey Advisory Group analyst Dana Telsey reiterated the Outperform rating on Levi Strauss & Co LEVI, with an unchanged price forecast of $26.

Levi Strauss Poised For Growth With Accelerating Women's Denim Segment And Cost-Saving Initiatives: Analyst

Levi Strauss & Co. faces challenges with disappointing revenue and declining Dockers sales, but improved profitability through a focus on DTC sales and the Levi's brand. Despite underperformance, LEVI's gross margin hit a record 60%, with significant growth in DTC sales and a strong market position in denim. The company is divesting underperforming brands like Dockers to concentrate on high-growth brands, including Beyond Yoga, which saw a 19.3% sales increase.

Levi Strauss' Q3 Results Are Not Appreciated By The Market

U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 200 points on Thursday.

Nasdaq Moves Lower; Levi Strauss Shares Slide

Shares of Levi Strauss & Co (LEVI, Financial) dropped by 7.19% today, with the stock price settling at $19.545. This decline follows the release of its third-quarter earnings report, which did not meet Wall Street's expectations.

LEVI Stock Drops After Earnings Report

Levi Strauss & Co.'s Q3 2024 results were disappointing, with flat earnings and downward revised guidance. DTC sales grew by 12%, driven by store openings, but wholesale sales declined, raising concerns about long-term margin sustainability. Project Fuel aims to boost DTC and reduce expenses but has incurred significant restructuring charges, questioning its cost-effectiveness.

Levi Strauss: Sales Still Challenged Despite Denim Cycle, Stock Remains Expensive

LEVI's third-quarter fiscal 2024 DTC revenues increase 10% on a reported basis.

Levi Strauss Q3 Earnings Beat Estimates, DTC Revenues Rise 10%

Teaming up with Beyonce could help supercharge our sales, particularly in the women's category, Michelle Gass – the chief executive of Levi Straus & Co (NYSE: LEVI) argued in a recent interview with Jim Cramer.

Can Beyoncé help drive Levi's sales? Here's what CEO Michelle Gass thinks

Levi Strauss (LEVI) has shown a 36% return over two years, but the S&P 500 has outperformed it, making it a sub-par choice. The company has strong financials, a solid leadership team, and a robust product portfolio, with revenues nearing $6B annually. Levi's growth plan aims for a 9-10% annual shareholder return through cost restructuring, margin expansion, and increased DTC sales.

Levi Strauss - Decent Return Since 2022, But Not Outperforming (Rating Downgrade)

Levi Strauss didn't beat earnings in Q3. It won't in Q4, either.

Why Levis Strauss Stock Dropped Today

Levi Strauss (LEVI, Financial) shares dropped 8% following its Q3 earnings report, which showed modest EPS growth but only a 0.4% year-over-year revenue increase to $1.52 billion. This was slightly below expectations.

Levi Strauss Faces Challenges Despite Strong Levi's Brand Growth

Shares of Levi Strauss (LEVI) plunged in early trading Thursday after the jeans maker announced it may sell its Dockers brand as it delivered mixed third-quarter results.

Levi Strauss Stock Plunges as Company Considers Selling Dockers Brand

Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker's struggles with sluggish demand from retailers navigating weak spending by consumers.

Levi Strauss shares fall on weak holiday-quarter forecast

Levi Strauss & Co. (LEVI, Financial) recently experienced a 7.45% drop in its stock price, bringing it below the $20 mark. The company is reportedly contemplating the potential sale of its Dockers brand.

Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration

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U.S. stocks were mostly lower, with the Dow Jones index falling around 300 points on Thursday.

AngioDynamics, Ingevity, Levi Strauss And Other Big Stocks Moving Lower On Thursday

Levi Strauss' shares slumped about 11% in premarket trading on Thursday after it forecast tepid holiday quarter revenue as the denim maker grapples with weak demand from retailers with consumers paring back spending.

Levi Strauss shares fall on sluggish holiday quarter forecast

Levi Strauss & Co (NYSE:LEVI) has initiated a formal review of strategic alternatives for its Dockers brand, which includes a potential sale of the chino brand. The company announced the move as part of efforts to address areas of underperformance.

Is Levi Strauss ready to show Dockers the door?

Levi Strauss & Co. (NYSE:LEVI ) Q3 2024 Earnings Conference Call October 2, 2024 5:00 PM ET Company Participants Aida Orphan - Vice President of Investor Relations Michelle Gass - President and Chief Executive Officer Harmit Singh - Executive Vice President and Chief Financial and Growth Officer Conference Call Participants Robert Drbul - Guggenheim Securities Matthew Boss - JPMorgan Oliver Chen - TD Cowen Ike Boruchow - Wells Fargo Brooke Roach - Goldman Sachs Jay Sole - UBS Laurent Vasilescu - BNP Paribas Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company Third Quarter Fiscal 2024 Earnings Conference Call for the period ending August 25, 2024. All parties will be in a listen-only mode until the question-and-answer session, at which time instructions will follow.

Levi Strauss & Co. (LEVI) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Levi Strauss (LEVI) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Levi Strauss (LEVI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Levi Strauss (LEVI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago.

Levi Strauss (LEVI) Q3 Earnings Surpass Estimates

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 stock falls, as new campaign with Beyoncé outweighed by subdued sales forecast

Levi said it was considering selling khaki brand Dockers after months of underperforming sales.

Levi Stock Falls on Trimmed Revenue Guidance and Potential Sale of Dockers Brand

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. The company manages its business according to three regional segments: the Americas, Europe, and Asia.

Levi Strauss & Co (LEVI) Q3 2024 Earnings: EPS of $0.05, Revenue at $1.

Levi Strauss & Co said on Wednesday it was announcing a strategic review of its underperforming Dockers brand including a possible sale.

News for Levi Strauss Stock (LEVI)