Levi Earnings: Stock Edges Up Despite 2024 Guidance Hurt by Weak Wholesale Business
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.
Levi is rolling out ‘tech pants' and other new products this year. But will retailers want them?
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
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 Plans to Cut As Much as 15% of Global Staff
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 Layoffs 2024: What to Know About the Latest LEVI Job Cuts
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 fo...
Top Job at Levi Strauss Offers Retail Veteran a Second Chance
Michelle Gass battled activists when she ran Kohl's. Can her ‘no regret' moves keep the growth going at the denim maker?
Levi's to cut jobs globally after net income falls
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...
Levi Strauss & Co. (LEVI) Q4 2023 Earnings Call Transcript
Levi Strauss & Co. (LEVI) Q4 2023 Earnings Call Transcript
Levi's Direct-to-Consumer Bet Sparks Job Cuts
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.
Levi Strauss (LEVI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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 W...
Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass
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 we...
Levi Strauss (LEVI) Tops Q4 Earnings Estimates
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.
Levi Strauss to lay off 10% to 15% of corporate workforce, stock slides as profit forecast disappoints
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 s...
Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring
Levi Strauss will lay off at least 10% of its global corporate workforce, the apparel retailer said Thursday.
Levi Strauss Expanding Assortment For Growth
Levi Strauss had a terrific year in 2023. Reports are jeans were in strong demand and that gross margin improved.
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