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Levi Strauss weighs Dockers sale
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.
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 Stock Slides After Company Cuts Revenue Outlook, Weighs Dockers Sale
Levi Strauss cut its annual revenue guidance and said it was exploring selling its Dockers fashion line, as Chief Executive Michelle Gass looks to center the company on its namesake brand. Shares (
22h
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 ...
19h
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 ...
22h
on MSN
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 ...
Fashion United
1d
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 ...
20h
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 ...
RTE Online
23h
Levi Strauss shares fall on sluggish winter quarter forecast
Shares in Levi Strauss slumped about 11% in premarket trading today after it forecast tepid holiday quarter revenue as the ...
20h
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 ...
1d
on MSN
These Stocks Are Moving the Most Today: Tesla, Levi Strauss, Humana, Hims & Hers, Stellantis, and More
Tesla extends losses following the release of third-quarter deliveries, and Levi Strauss tumbles after cutting its ...
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