Levi Strauss & Co. (NYSE:LEVI) Q2 2023 Earnings Call Transcript
Operator: Good day, ladies and gentlemen, and welcome to the Levi Strauss & Co's Second Quarter Earnings Conference Call for the period ending May 28, 2023.
Source: insidermonkey.com
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Why Levi Strauss Stock Is Fading Friday? - Levi Strauss (NYSE:LEVI)
Levi Strauss & Co. (NYSE: LEVI) shares are trading lower on Friday after the company reported a second quarter margin decline and issued soft 2023 EPS guidance.
Source: benzinga.com
Levi Strauss trims annual profit forecast on higher costs, slowing consumer spending
(Reuters) -Levi Strauss & Co cut its annual profit forecast on Thursday, in a sign that higher costs were weighing on the maker of denim clothing's margins as it struggles with falling sales at its wholesale channel in North America. Shares of the company fell about 6% in extended trading, as it joined peer American Eagle Outfitters on weak consumer spending outlook. "Macro effects of higher inflation in a slowing U.S. economy have put increased pressure on the price-sensitive consumer," Chief Executive Officer Chip Bergh said in a post-earnings call.
Source: yahoo.com
Why Levi Strauss Stock Is Coming Unbuttoned After Hours - Levi Strauss (NYSE:LEVI)
Levi Strauss & Co (NYSE: LEVI) shares are trading lower in Thursday's after-hours session on the heels of the company's second-quarter report.
Source: benzinga.com
Levi's Bottom Line Hit by Wholesale Declines – WWD
CEO Chip Bergh said the brand is strong and gaining despite the ups and downs of the post-pandemic period.
Source: wwd.com