[ad_1] Pedestrians walk past a Levi’s store in Hong Kong. Sopa Images | Lightrocket | Getty Images Levi’s CEO Chip Bergh is calling it quits and handing the reins over…
Tag: Strauss
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
[ad_1] Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and…
Levi Strauss beats estimates, offers upbeat guidance for fiscal year
[ad_1] A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss on Wednesday posted earnings and revenue that topped Wall…
Stocks making the biggest moves after hours: Tesla, Chevron, ServiceNow, Levi Strauss, IBM and more
[ad_1] A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022. David Ryder | Bloomberg | Getty…
Levi Strauss & Co. Announces New Chief Digital Officer
[ad_1] SAN FRANCISCO–(BUSINESS WIRE)–Levi Strauss & Co. (NYSE: LEVI) today announced that Jason Gowans has been named senior vice president and chief digital officer for LS&Co., effective February 6. In…
Bank of America downgrades Levi Strauss, says upside is hard to see with discounts and sliding denim demand
[ad_1] Sliding demand for denim and a continued reliance on markdowns make it hard to expect outperformance from Levi Strauss , Bank of America said Wednesday. Analyst Christopher Nardone downgraded…
A slowdown in denim demand could spell trouble for Levi Strauss, Citi says in downgrade
[ad_1] Weaker demand for denim products could prove a major headwind for shares of Levi Strauss in the near future, according to Citigroup. Analyst Paul Lejuez downgraded the jeans maker…