Why Levi Strauss Stock Dropped 20% Last Month [Yahoo! Finance]
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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
analyst community didn't like the company's financial report for its fiscal second quarter of 2024, which came out on June 26. And it's kind of hard to explain, considering the Q2 numbers were better than what analysts had expected. For its part, Levi Strauss' management gives guidance for the year, leaving analysts to provide their best estimates for the quarter. The company reported Q2 net revenue of $1.4 billion and diluted earnings per share (EPS) of $0.04, which surpassed analysts' estimates. But they were nevertheless disappointed, because Levi Strauss didn't raise its full-year financial guidance. In other words, the company's Q2 financials were ahead of schedule by the analysts' standards. But from management's perspective, they were simply on schedule. When reality set in, disappointment and downgrades were the result. Putting June in context with its performance in 2024 Yes, Levi Strauss disappointed investors by beating expectations. Only on Wall Street can that state
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LEVI
News
- Levi's Leans on More Outsourced Distribution to Accelerate DTC Push [Yahoo! Finance]Yahoo! Finance
- Analyst: Levi's Loose Fits Could Impact Athletic Apparel Retailers [Yahoo! Finance]Yahoo! Finance
- Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive [Seeking Alpha]Seeking Alpha
- Levi Strauss & Co. (NYSE:LEVI) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says [CNBC]CNBC
LEVI
Earnings
- 6/26/24 - Beat
LEVI
Sec Filings
- 7/3/24 - Form 4
- 7/3/24 - Form 4
- 7/1/24 - Form 144
- LEVI's page on the SEC website