Levi Strauss & Company is a renowned global apparel company best known for its iconic denim jeans and casual wear
Established in 1850, the company designs, manufactures, and markets a wide range of clothing and accessories for men, women, and children, with an emphasis on innovation, sustainability, and quality craftsmanship. With a rich heritage rooted in American culture, Levi’s combines classic styles with contemporary trends, offering products that embody a lifestyle of comfort and individuality. The brand is dedicated to sustainable practices, enhancing its commitment to ethical sourcing and environmental stewardship while engaging with communities around the world.
Most consumer discretionary businesses succeed or fail based on the broader economy. Lately, it seems like demand trends have worked in their favor as the industry has returned 8.1% over the past six months,
similar to the S&P 500.
The Levi’s® brand, in collaboration with global icon Beyoncé, today debuted “Pool Hall,” the second chapter of the REIIMAGINE campaign and a celebration of the Levi’s® brand’s enduring legacy and Beyoncé’s transformative artistic vision. In the new film and accompanying imagery, Beyoncé effortlessly showcases an iconic denim-on-denim look and its timeless versatility.
Levi Strauss & Co. (LS&Co.) (NYSELEVI) today announced that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. The investment grade rating accompanies an indication to the market that the company has a Stable Rating Outlook.
Levi Strauss & Co. (LS&Co.) (NYSELEVI) today announced a series of strategic leadership changes aimed at accelerating the company’s shift to become a best-in-class omnichannel retailer. These changes are designed to realize the full potential of the company’s iconic Levi’s® brand and products, improve the company’s speed and agility, and further its commitment to consumer obsession and innovation. These actions will streamline decision-making, drive operational excellence and align the company’s structure with its strategic priorities.
Denim clothing company Levi's (NYSELEVI) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 12% year on year to $1.84 billion. Its non-GAAP profit of $0.50 per share was 3.7% above analysts’ consensus estimates.
Levi Strauss shares are down in premarket trading after the company issued a weaker FY25 outlook, projecting revenue declines of 1% to 2%. Levi reported strong Q4 results.
Levi Strauss & Co. (LS&Co.) (NYSELEVI) announced today that its board of directors has elected Artemis Patrick to serve as a member of the board, effective February 1, 2025. The board also appointed Patrick to serve as a member of the board’s Audit and Nominating, Governance and Corporate Citizenship Committees, effective March 1, 2025. Patrick currently serves as president and CEO of Sephora North America, where she is responsible for the strategy, vision and financial performance of Sephora’s United States and Canadian businesses.
Over the past six months, Levi’s stock price fell to $17.31. Shareholders have lost 6.3% of their capital, which is disappointing considering the S&P 500 has climbed by 7.7%. This may have investors wondering how to approach the situation.
Levi Strauss & Co. (NYSELEVI) will host a conference call to discuss the company’s financial results for the fourth quarter and fiscal year ended December 1, 2024. The call will be held on Wednesday, January 29, 2025, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer.
Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Carter's (NYSECRI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at apparel and accessories stocks, starting with Levi's (NYSELEVI).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Figs (NYSEFIGS) and its peers.
