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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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts Think Levi Strauss (LEVI) Is a Good Investment: Is It?

Levi Strauss (LEVI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Levi Strauss (LEVI) Could Beat Earnings Estimates Again

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The fashion industry, long criticized for its substantial environmental impact, is undergoing a major transformation. Recognized for contributing 10% of global greenhouse gas emissions and being a major water consumer, the sector is shifting gears towards sustainable fashion technology.

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In the closing of the recent trading day, Levi Strauss (LEVI) stood at $15.06, denoting a -1.89% change from the preceding trading day.

Levi Strauss (LEVI) Stock Drops Despite Market Gains: Important Facts to Note

Levi Strauss & Co rated Buy, agreeing with consensus from SA analysts and Wall Street. Tailwinds from +3% dividend yield, positive equity growth and declining debt, and lower recession risk which could boost retail brands. Headwinds include overvaluation, flat YoY revenue growth and poor earnings trends, as well as a spike in interest expenses.

Levi Strauss: A Buy At +3.5% Yield And Low Recession Risk, Saddling Up For Holiday Spending

Levi Strauss & Co. (LS&Co.) has announced the next steps in a leadership transition plan announced about 13 months ago. President and CEO Chip Bergh will retire from the brand-name apparel company on April 26, LS&Co. said in a Thursday (Dec. 7) press release.

Levi Strauss Takes Next Steps in Previously Announced Leadership Transition

Levi Strauss & Co. LEVI, +0.92% said late Thursday that Chief Executive Chip Bergh will be retiring on April 26, and that ahead of his departure, the company's board has elected President Michelle Gass as his successor. Gass will take the reins on Jan. 29, Levi Strauss said.

Levi Strauss names Michelle Gass its new CEO

Levi's CEO Chip Bergh is finally calling it quits and handing the reins over to his successor Michelle Gass, the former CEO of Kohl's.

Michelle Gass will replace Chip Bergh as Levi Strauss CEO in January

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) today announced that Chip Bergh has decided to retire from the company as of April 26, 2024. In anticipation of Bergh's retirement, the company's board of directors has elected Michelle Gass, currently the company's president, to succeed Bergh as president and chief executive officer effective January 29, 2024, completing the transition plan announced on November 8, 2022. In addition, the board has elected Bergh as executive vi.

Levi Strauss & Co. Announces Executive Leadership Changes

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Levi Strauss (LEVI) Is Considered a Good Investment by Brokers: Is That True?

Levi Strauss is shifting its business model. It is working toward selling roughly equally from its own stores and through other retailers.

Big Questions Abound Until Levi's Starts to Report Same-Store Sales

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VF Corp's focus on fashion brands caused it cut its dividend after decades of annual increases. Levi's is increasingly selling directly to consumers, with a focus on the "denim lifestyle.

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The third-quarter earnings train rumbles along. While the majority of Q3 prints have been better than expected, several have been absolutely dreadful, putting analysts and investors in a foul mood and leading all the major stock indexes to post declines for October.

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Levi Strauss (LEVI) posts earnings beat during third-quarter fiscal 2023. Revenues were consistent year over year.

Levi Strauss' (LEVI) Q3 Earnings Beat Mark, Revenues Flat Y/Y

Levi Strass & Co. (LEVI) missed quarterly revenue estimates and cut its guidance as economic conditions weighed on consumer demand, sending shares lower in early trading on Friday.

Levi Strauss Shares Fall After Cutting Its Outlook as Economic Worries Hurt Demand

While other brands are seeing the benefits of retailer partnerships, Levi's has entirely different POV. In fact, it's leading Levi's to place major bets on its direct-to-consumer (D2C) strategy.

Levi's Puts Its Faith in D2C Strategy With Loyal Shopper Support

Fiscal Q3 revenue was flat with the year-ago period, falling a bit short of the 2% growth Wall Street was expecting. Adjusted earnings per share (EPS) declined 30% but still beat the 33% drop analysts had projected.

Levi Stock Drops on Lowered Annual Earnings Guidance

Levi Strauss's NYSE: LEVI price action is down more than 50% from the 2021 highs through no fault. The boom in pricing and subsequent correction resulted from the pandemic bubble, a bubble that had little impact on the underlying business.

Levi Strauss: A Bottom is in for Steady, Stable Dividend Payer

Levi Strauss & Co. (NYSE:LEVI ) Q3 2023 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Aida Orphan - Vice President, Investor Relations Chip Bergh - President and Chief Executive Officer Michelle Gass - President Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Robert Drbul - Guggenheim Securities Jay Sole - UBS Matthew Boss - JPMorgan Oliver Chen - TD Cowen Laurent Vasilescu - BNP Paribas Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company's Third Quarter Earnings Conference Call for the period ended August 27, 2023. 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 2023 Earnings Call Transcript

Levi Strauss & Co cut its annual forecasts for the second time on Thursday after missing third-quarter sales estimates, reeling from hefty promotions and falling demand at wholesale channels in North America.

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh

While the top- and bottom-line numbers for Levi Strauss (LEVI) give a sense of how the business performed in the quarter ended August 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Levi Strauss (LEVI) Q3 Earnings: A Look at Key Metrics

Levi Strauss (LEVI) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.40 per share a year ago.

Levi Strauss (LEVI) Tops Q3 Earnings Estimates

Levi Strauss & Co (NYSE:LEVI) shares fell nearly 3% in extended trading Thursday after the iconic denim apparel company slashed its full-year sales forecast and fell short of quarterly revenue expectations.  The company posted revenue of $1.51 billion, down slightly from $1.52 billion a year ago and below the $1.54 billion expected by analysts.

News for Levi Strauss Stock (LEVI)