Tag: $Levi Strauss

Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance. The denim retailer raised its adjusted earnings per share expectation for the full fiscal year to between $1.54 and $1.56, from a previous range of $1.46 to $1.52.

Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend.

Levi Strauss’ (LEVI) shares jumped about 12% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years with confidence growing in the denim maker’s ​ability to stave off tariff hits with more full-price sales.

Levi Strauss’s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results.

Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves.

Levi Strauss (LEVI.N),  maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade.

Levi Strauss beat earnings expectations and raised guidance for fiscal 2024, giving the stock a boost in after-hours trading.

Levi Strauss cut its full-year sales forecast, citing weak sales of its denim at department stores and big-box retailers.