|Bid||18.39 x 1000|
|Ask||18.40 x 800|
|Day's Range||18.25 - 18.69|
|52 Week Range||16.00 - 24.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||17.82|
|Earnings Date||Jul 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.86|
Chief executives of some of the country's best known companies sent a letter to senate leaders urging lawmakers to address gun violence. A total of 145 companies signed the letter. Yahoo Finance's Adam Shapiro, Julie Hyman, Jessica Smith and Dan Roberts discuss with Bullseye Brief Author & Publisher Adam Johnson.
Today we are going to look at Levi Strauss & Co. (NYSE:LEVI) to see whether it might be an attractive investment...
It’s a company born out of the recession that, thanks to some good networking and a little luck, has turned into a design firm that represents some of the biggest names in tech. San Francisco-based architecture and design firm Blitz, whose clients include Google (Nasdaq: GOOG), Microsoft (Nasdaq: MSFT) and Instacart, opened an office last month at the Ctrl Collective co-working space inside the Dairy Block. After considering Portland, Oregon for its third office (it’s second office is in Los Angeles), co-founder Melissa Hanley, who started the company with her now-husband, Seth, said watching the number of companies defect from the Bay Area to the Rocky Mountains made the decision to locate in Denver a no brainer.
Kroger (KR) is making investments to expand grocery offerings and e-commerce presence. However, incremental investments may keep margins under pressure during the second quarter.
Levi Strauss & Co. said Tuesday it has agreed to acquire all operating assets related to the Levi's and Dockers brands from The Jeans Co., a distributor in Chile, Peru and Bolivia. The deal includes about 80 Levi's and Dockers retail stores, distribution wit the region's multi-brand retailers and logistical assets. The company has stopped shipping inventory to The Jeans Company in anticipation of the shift of operations, which is expected to shave about $20 million off second-half revenue, which will be split equally between the third and fourth quarters. The deal is expected to close by year-end and stores in the region are expected to run as normal in the meantime. Levi shares fell 2.4% premarket and are down 18.4% in the last three months, while the S&P 500 has gained 6.6%.
Levi Strauss & Co. today announced that Chip Bergh, president and chief executive officer, and Harmit Singh, executive vice president and chief financial officer, will present at Goldman Sachs 26th Annual Global Retailing Conference in New York City on Wednesday, September 4, 2019, at 3:55 p.m.
Guess?, Inc. (NYSE: GES ) shares soared more than 20% Thursday following a big second-quarter earnings beat. A CFRA analyst said Thursday that investors have three reasons to remain cautious. The Analyst ...
A frenzy of unicorn tech companies hit the public market this year, attracting investors willing to bet big on the industry. While some of the most popular IPOs of 2019, like ride hailing competitors Uber Technologies Inc.
It was another largely downbeat earnings season for department stores, but Citigroup warns that those aren’t the only stocks that suffer from this ongoing trend.
Levi Strauss & Co. said Thursday that it is implementing a program that uses water science, expertise and its own experience to expand its water conservation efforts. The goal is to reduce water use in depleted areas by 2025. The company would also like to aid in the effort to bring clean water to communities. Levi Strauss stock has fallen 24.6% over the last three months while the S&P 500 index is up 2.7% for the period.
Levi Strauss & Co. (LS&Co.) today announced a new water action strategy that represents an evolution in thinking around water use in a global supply chain, particularly in areas already facing water stress, and a new way to define successful water stewardship in manufacturing. It leverages the latest water science and data, consultations with leading water experts, and the company’s own water management experience and leadership over the past three decades to set a new standard for the company and the industry. Recognizing that saving a liter of water where it is plentiful, while important, is not as critical as saving a liter where water is scarce, LS&Co. will shift from a singular “one-size-fits-all” approach to a more responsive, contextual approach to water management.
Large-format retailer increases full-year earnings guidance despite U.S. – China trade war uncertainty Continue reading...
Levi Strauss & Co. was upgraded to buy from neutral at Bank of America, with analysts bullish that the iconic denim company's brand momentum will provide upside in a "disrupted environment." Still, analysts led by Heather Balsky lowered their price objective to $20 from $25. "Recent concerns about its US department store exposure (we estimate 18%-to-20% of sales) have weighed on valuation," the note said. "We're cautious on the health of that channel, but think Levi's brand heat can drive further share gains." Analysts think the department store weakness has already been factored in. Moreover, they think the brand has pricing power that have thus far only been used to offset currency exchange headwinds. "If apparel is tariffed, we expect Levi's to take price opportunistically as other apparel brands raise their prices to offset tariff pressure," the note said. Levi stock, which began trading in March, has fallen 26% over the past three months while the S&P 500 index is nearly unchanged for the period.
Amid the escalating trade war between the United States and China, Levi Strauss' brand strength will provide a key advantage in a 'disrupted environment,' according to a report from analysts at Bank of America Merrill Lynch.
Iconic red-tag Levi’s have hit the shelves at some Target stores as the jeans maker looks for new outlets for its products after plunging sales at longtime retail partner Sears. Levi Strauss & Co. (NYSE: LEVI) Chief Executive Officer Chip Bergh told Bloomberg that although Sears was the company’s largest wholesale customer a decade ago, it is now a “shadow of itself.” The Target stores slated to carry the line of men's and women's jeans, tops and jackets will mostly be concentrated in urban areas and near college campuses, the Minneapolis Star Tribune reported. Target (NYSE: TGT) has sold a lower-priced Levi’s line called Denizen for about 10 years.
Target Corp. is now selling Levi Strauss & Co. Red Tab merchandise for men and women at more than 50 stores located near college campuses, in high-traffic city stores and online. Target has carried Levi Strauss' Denizen brand starting about a decade ago. These new items, iconic for the red tab found on the pocket, expand that access. According to a statement from Mark Tritton, Target's chief merchandising officer, Levi's is one of the most searched brands on the retailer's website. Target will carry Red Tab jeans, tops and jackets. Target stock is up 10.4% for the past three months, Levi Strauss, which went public again on March 21, has fallen 22.6% for the last three months, and the S&P 500 index has gained 1.3% for the period.
Levi Strauss & Co has been "deliberate and diligent" in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, Chief Executive Officer Chip Bergh said in an interview with Reuters. Just 1% or 2% of Levi's product sold in the United States are manufactured in China, Bergh said, compared to 16% two years ago. Bergh was speaking one day before President Donald Trump said he would impose tariffs on another $300 billion of Chinese goods, including apparel.