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Levi Strauss weighs Dockers sale
Levi Strauss Stock Plunges as Company Considers Selling Dockers Brand
Key Takeaways Shares of Levi Strauss tumbled in early trading Thursday after the jeans maker announced it may sell its Dockers brand as it delivered mixed third-quarter results.While Levi's adjusted earnings per share of 33 cents beat consensus Wall Street estimates,
Levi Strauss weighs Dockers sale as Q3 fails to impress
US clothing brand Levi Strauss & Co. (LS&Co) is evaluating strategic alternatives for its underperforming Dockers brand after revealing its Q3 net revenues of $1.5bn were flat on a reported basis.
Levi Strauss considers possible sale of Dockers brand, shares tank 10%
Levi Strauss said on Wednesday it was considering a sale of its underperforming Dockers brand and forecast fourth-quarter revenue below expectations, sending its shares down 10% in extended trading.
15h
on MSN
Levi’s tempers forecast and weighs sale of Dockers — ‘This is all about focus,’ CEO says
Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast, even ...
Fashion United
15h
Levi Strauss announces strategic review of Dockers to drive growth
For the third quarter, Levi Strauss net revenues of 1.5 billion dollars were flat on a reported basis, and 2 percent higher ...
4h
Levi’s Search for the Perfect Fit Carries Risks
Selling denim to higher-income, brand-conscious consumers. The company said on its earnings call late Wednesday that it would ...
9h
on MSN
These Stocks Are Moving the Most Today: Tesla, Levi Strauss, Humana, Hims & Hers, Nvidia, Stellantis, and More
Tesla extends losses following the release of third-quarter deliveries, and Levi Strauss tumbles after cutting its ...
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