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Levi’s Stock Sinks After Earnings Fall Short of Analysts’ Expectations

Denim is having its moment under the spotlight again, but the iconic denim apparel producer Levi Strauss & Co. hasn’t managed to benefit from this as expected. Sharing its quarterly report this week, Levi’s revealed earnings that fell short of analysts’ expectations. While the company...

Levi’s Cuts Profit Outlook Following Decline in Sales

Levi Strauss shares fell 7% on Friday after the company decided to cut its full-year profit outlook. The decision came after the fashion retailer suffered a 22% year-over-year decline in sales. In addition to its crippling sales figures, the company attributed its decision to slash...

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...