GXO Exploring a Potential Sale [Yahoo! Finance]
Levi Strauss & Co Class A (LEVI)
Last levi strauss & co class a earnings: 4/7 04:15 pm
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Source: Yahoo! Finance
Bloomberg first reported on the possible transaction Wednesday, saying that the Greenwich, Conn.-based company began to review its options after receiving interest from potential buyers. GXO is working with financial advisers on the deal to field the interest, with a Reuters report indicating that suitors include rival logistics providers. More from Sourcing Journal No final decision has been made and GXO could opt to remain independent, the report said. Sourcing Journal reached out to GXO. In Thursday morning trading, GXO's shares shot up more than 14 percent on the report. Company stock has largely disappointed throughout the duration of the freight recession , in which overall freight and warehousing demand has declined since pandemic-driven early-to-mid 2022 peaks. GXO hit a high stock point at $101.04 per share on Nov. 19, 2021, ahead of 2022's logistics bear market, since declining more than 42 percent. Although GXO has recently touted more than $300 million in new co
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LEVI
Earnings
- 10/2/24 - Beat
LEVI
Sec Filings
- 11/18/24 - Form 4
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- 11/18/24 - Form 4
- LEVI's page on the SEC website