1 hour ago
Levi Strauss & Co. (LEVI) Stock: Falls After Q3 Revenue Hits $1.6B and DTC Growth Disappoints
TLDR LEVI falls after Q3 revenue hits $1.6 billion despite stronger profit margins. Direct-to-consumer revenue rises 2% as U.S. sales stay under continued pressure. Adjusted EPS climbs to $0.48 as quarterly net income reaches $169 million now. Levi Strauss raises full-year EPS guidance to a range of $1.54 to $1.56 per share. Company plans a [...]
The post Levi Strauss & Co. (LEVI) Stock: Falls After Q3 Revenue Hits $1.6B and DTC Growth Disappoints appeared first on Blockonomi.
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