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0 0.00633528265107208 0.01364522417154 0.0282651072124758 0.0160818713450292 0.0258284600389863 0.01364522417154 0.0185185185185186
Stock impact report

Q1 Rundown: Levi's (NYSE:LEVI) Vs Other Apparel, Accessories and Luxury Goods Stocks [Yahoo! Finance]

ThredUp Inc. - Class A (TDUP) 
Company Research Source: Yahoo! Finance
Within apparel and accessories, not only do styles change more frequently today than decades past as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel, accessories, and luxury goods companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 11 apparel, accessories and luxury goods stocks we track reported a mixed Q1; on average, revenues beat analyst consensus estimates by 0.8%. while next quarter's revenue guidance was 3.9% below consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, but apparel, accessories and luxury goods stocks have shown resilience, with share prices up 6.2% on average since the previous earnings results. Levi's (NYSE:LEVI) Credited for inventi Show less Read more
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