14-day Premium Trial Subscription Try For FreeTry Free
Zacks.com users have recently been watching Levi Strauss (LEVI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Fiscal Q4 revenue grew 3.2%, slightly missing the 4.5% growth Wall Street was expecting. Adjusted earnings per share (EPS) increased 29%, edging by the 27% rise analysts were projecting.
With a rough 2023 in the rearview, Levi Strauss & Co. this year is trying to tackle its problems with new pants.

Levi's to cut up to 15% of global workforce

12:05pm, Friday, 26'th Jan 2024
Levi Strauss & Co. is the latest in a growing number of companies to slash their workforce at the start of the new year. Their announcement follows those of Microsoft, Google and Amazon.
Levi Strauss & Co. (LEVI) shares lost 1% in early trading Friday after the denim maker announced plans to cut between 10% and 15% of its workforce.
Levi Strauss (NYSE: LEVI ) layoffs are coming for the company's employees in 2024 as it prepares to cut costs and save money in a tough economy. That update came in the company's earnings report for Q
Michelle Gass battled activists when she ran Kohl's. Can her ‘no regret' moves keep the growth going at the denim maker?
Levi Strauss & Co has unveiled plans to cut jobs in its corporate division after reporting a fall in net income during 2023. Between 10% and 15% of the denim giant's global corporate workforce will b
Levi Strauss & Co. (LEVI) Q4 2023 Earnings Call Transcript

Levi's Direct-to-Consumer Bet Sparks Job Cuts

09:47pm, Thursday, 25'th Jan 2024
While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi's boldly went all-in on its direct-to-consumer (D2C) strategy in October.
Although the revenue and EPS for Levi Strauss (LEVI) give a sense of how its business performed in the quarter ended November 2023, it might be worth considering how some key metrics compare with Wall
Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday, and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weak

Levi Strauss (LEVI) Tops Q4 Earnings Estimates

06:26pm, Thursday, 25'th Jan 2024
Levi Strauss (LEVI) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.34 per share a year ago.
Jeans-maker Levi Strauss & Co. LEVI, +0.19% on Thursday said it plans to lay off between 10% and 15% of its global corporate staff in the first half of this year, part of a new multi-year plan to save
Levi Strauss will lay off at least 10% of its global corporate workforce, the apparel retailer said Thursday.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE