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Levi Strauss weighs Dockers sale
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 as management said its core Levi’s brand was leading the way toward improvement and called out potential gains from its new partnership with Beyoncé.
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.
Live news: Levi Strauss considers sale of Dockers brand
Dockers, the khakis brand that was once a byword for business casual attire, has been put under a review for a potential sale by owner Levi Strauss. After they were introduced in 1986, Dockers became a mainstay of middle-aged men’s wardrobes. The brand “is credited with inventing Casual Fridays,” Levi Strauss has said.
20h
on MSN
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 ...
Wall Street Journal on MSN
1d
Levi Cuts Revenue Outlook, Mulls Sale of Dockers Brand
Levi
Strauss
LEVI
-2.86%decrease; red down pointing triangle cut its revenue outlook for the year and is once again ...
17h
Levi Strauss: Sales Still Challenged Despite Denim Cycle, Stock Remains Expensive
Levi Strauss & Co.'s Q3 2024 results were disappointing, with flat earnings and downward revised guidance. Learn more about ...
brandequity.economictimes.indiatimes
2h
Levi Strauss shares fall on sluggish holiday quarter forecast
Levi's margins have benefited from cost-cutting measures and exiting businesses like its footwear and Denizen brand. This ...
18h
As Levi’s pivots to DTC, Dockers may be sold
CEO Michelle Gass said the khakis business “has underperformed for some time” and the company wants to focus on its denim and ...
21h
Levi Strauss shares fall on weak holiday-quarter forecast
Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker ...
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