Latest News

Earnings Results: Levi’s gives upbeat sales forecast — while leaning less on jeans


Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker reported fourth-quarter results and a full-year sales forecast that beat expectations, even as demand at its own stores clashed with a pullback among clothing retailers and a harsher foreign-exchange backdrop.

However, a big chunk of those sales came from outside of jeans, amid signs of a shift in pants preferences, as people return to offices and other pre-pandemic patterns.


Earnings Results: IBM posts biggest annual sales increase in more than a decade, announces layoffs

Previous article

The Wall Street Journal: Meta pays Buzzfeed nearly $10 million to generate content for Facebook, Instagram

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News