Levi Strauss & Co. Class A Stock News

SAN FRANCISCO--(BUSINESS WIRE)--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 versati...

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) 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. "The upgrade from Fitch underscores our commitment to financial discipline while driving strategic...

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) 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 ...

Skinny jeans are cropping up on runways and Google search trends, and analysts expect they could be back at mass retailers by the end of the year. One of the most divisive garments in fashion is expected to look a bit different this time around, and will be more tailored than its skintight predecessor.

I recommend a hold rating for Levi Strauss & Co. LEVI reported strong 4Q24 results with 12% y/y revenue growth, driven by 19% y/y DTC growth and 7% y/y wholesale growth, and margin expansion. Despite positive developments, concerns include a flat wholesale outlook for FY25 and heavy exposure to the North American market, which faces weak consumer spending.

Levi Strauss & Co. maintained positive organic revenue trends in 4Q24, driven by strong DTC and e-commerce performance, but faced higher SG&A costs due to increased advertising. The company's FY25 guidance anticipates organic revenue growth of 3.5-4.5% and improved operating margins of 11%, despite headwinds from the Denizen sale and FX. Levi trades at a high P/E of 15x, which is not justified ...

Levi Strauss (LEVI) shares slipped Thursday when the clothing maker warned that sales would fall because of difficult economic conditions and possible U.S. trade moves.

Levi Strauss & Co. (NYSE:LEVI ) Q4 2024 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Aida Orphan - Vice President of Investor Relations Michelle Gass - President and Chief Executive Officer Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Jay Sole - UBS Paul Kearney - Barclays Matthew Boss - J.P. Morgan Brooke Roach - Goldman Sachs Paul...