17.06 -0.05 (-0.29%)
After hours: 7:40PM EDT
|Bid||17.06 x 800|
|Ask||17.16 x 800|
|Day's Range||16.85 - 17.22|
|52 Week Range||16.00 - 24.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||17.02|
|Earnings Date||Oct 8, 2019|
|Forward Dividend & Yield||0.60 (3.40%)|
|1y Target Est||23.00|
The show at Levi Strauss’s innovation lab in San Francisco lasts just 90 seconds, but offers an insight into a company focused on the long term. Investing in the laser process, which has helped Levi cut out most of those chemicals, stemmed from an effort to enhance a reputation for social responsibility that dates back to the 19th century. The man from whom Levi Strauss takes its name was a gold rush-era merchant who, having commercialised a fellow immigrant’s idea for riveted denim overalls, gave away much of his fortune to fund local orphanages and university scholarships.
Levi Strauss & Co. (NYSE: LEVI) shares are plummeting despite reporting a third quarter earnings beat on Tuesday. The San Francisco-based company reported third quarter earnings of 31 cents per share, beating estimates by 3 cents. Bank of America says Levi Strauss is poised to drive outsized growth and and post sales and earnings beats moving forward.
Levi Strauss posted better-than-expected third-quarter results after the markets closed on October 8. However, its adjusted net income fell 4% YoY.
This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Domino’s Pizza (NYSE: DPZ ) shares were down ...
Shares were down more than 6% following the denim maker’s third-quarter earnings report. Analysts are weighing in and they are more upbeat than the market appears to be.
LEVI is plunging as Wall Street pans its latest quarterly results, but I'll buy shares if they fall much further.
In September, Levi Strauss and Co. (NYSE: LEVI) gained 12.7% as the stock managed to recover from its August drop due to US-China trade tensions. Unfortunately, its profit dropped 4.1% drop in the third-quarter profits as the denim giant wrestles with a weak in the U.S. But the company did manage to report slightly better than expected earnings, causing its stock to go up 2% in after-hours trading on Tuesday. In fact, net revenues increased 14% in Europe and 9% in Asia.
Levi Strauss shares traded sharply lower Thursday as investors reacted to stronger-than-expected third quarter earnings and the potential for growth from its emerging business in China.
Reduced shipments to off price stores and the impact of a delayed acquisition of a South American distributor drove net revenue down about 3% in the region, the first fall since the 165-year-old company went public in March. "U.S. wholesale was challenged... particularly the legacy department stores and chain stores, where (the) much publicized traffic declines have negatively impacted our business," Chief Executive Officer Chip Bergh said in an interview with Reuters. The deteriorating retail landscape has forced longstanding brick-and-mortar chains, including J.C. Penney Co Inc , to explore options, as they struggle to boost their e-commerce business to compete with the likes of Amazon.com Inc .
Levi earnings topped Q3 views and the recent IPO stock clarified full-year revenue growth targets. In late trading, shares edged higher.
Levi Strauss reported earnings on Thursday, reporting a 4% decline in profit but revenue that beat analysts’ expectations.
The company reported slightly better-than-expected quarterly earnings that showed progress on several of the jeans-maker’s growth initiatives.
Levi Strauss & Co. (NYSE: LEVI ) shares were volatile in Tuesday's after-hours session after the apparel company reported a third-quarter earnings beat. Earnings came in at 31 cents per share, beating ...
Levi Strauss & Co. shares declined in the extended session Tuesday even after the apparel company topped Wall Street estimates for the quarter. Levi shares declined 1.1% after hours, following a 4.1% decline in the regular session to close at $18.96. The company reported third-quarter net income of $124.5 million, or 30 cents a share, compared with $130.1 million, or 33 cents a share, in the year-ago period. Adjusted earnings were 31 cents a share. Revenue rose to $1.45 billion from $1.39 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 28 cents a share on revenue of $1.44 billion.
Levi Strauss & Co. shares inched up 1.5% in Tuesday after-hours trading after the denim icon reported fiscal third-quarter earnings and revenue that beat expectations. Net income totaled $124.5 million, or 30 cents per share, compared with $130.1 million, or 33 cents per share, last year. Adjusted EPS of 31 cents beat the 28-cents FactSet consensus. Revenue totaled $1.45 billion, up from $1.39 billion last year and ahead of the $1.44 billion FactSet guidance. "As for the fourth quarter, we again expect strong performance in international, direct-to-consumer, women's and tops, and improved comparisons for U.S. wholesale," Levi's Chief Executive Chip Bergh said in a statement. Levi Strauss stock has slumped 18.2% over the past three months while the S&P 500 index has fallen 2.8% for the period.
Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue. Reduced shipments to off price stores and the impact of a delayed acquisition of a South American distributor drove net revenue down about 3% in the region, the first fall since the 165-year-old company went public in March. "U.S. wholesale was challenged... particularly the legacy department stores and chain stores, where (the) much publicized traffic declines have negatively impacted our business," Chief Executive Officer Chip Bergh said in an interview with Reuters.
NEW YORK, NY / ACCESSWIRE / October 8, 2019 / Levi Strauss & Co. (NYSE: LEVI ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 8, 2019 at 5:00 PM Eastern ...
Shares of jeans maker Levi Strauss edged higher after hours Tuesday as the company reported net income per share fell 9% and adjusted earnings were stronger than expected. For the quarter ended Aug. 25 the San Francisco company earned 30 cents a share against 33 cents in the year-earlier quarter.
Levi Strauss & Co stuck with its full-year outlook after solid revenue growth in Europe and Asia during the third quarter helped offset a weak performance from its wholesale business in the Americas. Chip Bergh, chief executive, pointed to year-on-year double-digit rises in revenue for its international, online sales and the women and tops categories as some of the key highlights during the quarter that steered the denim purveyor’s results ahead of Wall Street forecasts. The company said the decline in the wholesale business, which occurred mainly in the Americas, reflected a “reset” of its Dockers line of clothing during the second half of 2018, as well as reduced shipments to the off-price channel in 2019 and the impact of a pending acquisition of one of its South American distributors.
The retailer is sinking after reporting a 4% decline in profit for its third-quarter. Yahoo Finance's Heidi Chung joins Akiko Fujita on The Ticker to discuss.
Yahoo Finance's Dan Roberts, Scott Gamm, and Anjalee Khemlani sit down with Melissa Gonzalez, Lionesque Group CEO, to talk about Levi Strauss' upcoming earnings report.