Levi Strauss & Co. Class A Stock News

CNBC's Jim Cramer highlighted six fashion stocks he likes as investors look beyond the struggling AI trade. His picks include Ralph Lauren, Tapestry, Levi Strauss, VF Corp, Kontoor Brands and Reformation.

Levi Strauss & Co (NYSE:LEVI) shares fell 3.7% Thursday after third-quarter direct-to-consumer (DTC) sales growth came in softer than expected, though analysts said the company's fast response has already restored momentum.  The denim maker reported third-quarter earnings per share of $0.48, ahead of the $0.35 to $0.36 consensus cited by BofA.

AI stocks struggle as investors fret about yields and oil prices, while Wolfspeed surges after it lands a financing deal with the Pentagon.

Levi Strauss & Co (NYSE:LEVI) reported third-quarter adjusted earnings of $0.48 per share, topping analyst estimates of $0.36 , as stronger margins lifted profitability.  Adjusted earnings rose 41% from 34 cents a year earlier.

The jeans company said it now expects full-year adjusted earnings per share to be $1.54 to $1.56, up from its previous guidance of $1.46 to $1.52.

Levi Strauss raised its annual ​profit forecast on Wednesday, after benefiting from tariff refunds, as ‌it bets on strong holiday demand for its premium denim.

Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds. The denim retailer raised its earnings per share guidance for the full year but lowered its net revenue growth projection to the bottom end of its previously provided range.