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Tag: Levi Strauss gross margin
Levi Strauss & Co. Shares See a Record Drop Amid Declining Gross Margin
Clothing company Levi Strauss & Co. delivered a first-quarter earnings report with lots of positives on Thursday, but the company’s stock has still seen a record drop. So what happened? Levi managed to top the net revenue estimates of $1.62 billion by coming at $1.69...