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0.00216138328530255 -0.00285302593659943 0.00432276657060522 0.00504322766570607 -0.0014409221902017 -0.00936599423631129 -0.00216138328530255 0.00504322766570607
Stock impact report

Levi Strauss beats quarterly sales estimates on steady denim demand [Yahoo! Finance Canada]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
The retailer posted a 3% rise in reported quarterly revenue from continuing operations to $1.53 billion, which excluded sales from its Dockers brand. Analysts, on average, were expecting a 1% drop to $1.54 billion, as per data compiled by LSEG. Gross margin increased 330 basis points to 62.1% for the three months ended March 2, from 58.8% last year, driven by lower product costs and a strong direct-to-consumer channel. As part of its plan to streamline operations, Levi said last October it was exploring a sale of Dockers, which has seen demand struggle. "While we recognize that we are operating in an uncertain environment, our global footprint, strong margin structure, and agile supply chain position us to navigate the balance of the year and beyond," said Levi Strauss CEO Michelle Gass. The company maintained its fiscal 2025 organic net revenue and profit forecasts, which did not include any impact from recently announced tariffs and excluded revenues from Dockers. (Report Show less Read more
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