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SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) today released its 2030 Water Strategy – Beyond the Blue, a new roadmap to reduce water use, improve water quality, and help suppliers and communities become more resilient to climate change. The strategy builds on LS&Co.'s legacy of water leadership and is an element of its Climate Transition Plan. “We know climate change is the exist...
US holiday spending is expected to rise modestly this year, according to UBS analysts, who forecast a 1% year-over-year increase based on October survey data. Heading into the holiday quarter, the analysts favor ‘Buy'-rated On Holding, Deckers Outdoor Corp (NYSE:DECK), Gildan Activewear, Aritzia Inc (TSX:ATZ), Ralph Lauren Corp (NYSE:RL), Levi Strauss & Co (NYSE:LEVI), Amer Sports Inc (NYSE:AS)...
Levi Strauss NYSE: LEVI is on track to hit new highs in 2026, as the enduring, globally recognized brand is in the midst of a sales recovery. Management is effecting a strategic transformation that centers on direct-to-consumer, omnichannel, and e-commerce, driving industry-leading sales growth for core brands and widening margins despite macroeconomic headwinds.
The major U.S. equities indexes dropped sharply Friday afternoon, wiping out early gains after President Trump threatened "massive" tariffs on Chinese goods in response to China's move to tighten rare earths export curbs. The Dow, S&P 500, and Nasdaq all lost over 1%.
Shares of Levi Strauss (LEVI -12.04%) faded on Friday, like a pair of bleached jeans. The apparel maker reported third-quarter results on Thursday evening, beating Wall Street's estimates on both the top and bottom lines.
Levi Strauss & Co. delivered strong Q3 results, driven by international growth and resilience in the US despite tariff pressures. International markets, especially Latin America and Asia, powered revenue gains, while US direct-to-consumer sales and price increases supported margins. LEVI's gross margins improved, but SG&A deleveraging and cyclical high margins raise concerns about sustainabilit...
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