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Levi Strauss & Co (LEVI) |
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| Posted: 2026-Oct-08 14:14 by news bot |
| Driven by $79 million in tariff refunds under the International Emergency Economic Powers Act, Levi Strauss & Co has increased its annual profit forecast. While US and European sales showed unexpected weakness, the company is targeting the upper end of its 5.5% to 6% organic revenue growth forecast. To capitalize on holiday demand for premium denim and sweaters, the company plans to reinvest $60 million into marketing and promotions, raising full-year adjusted earnings expectations to $1.54–$1.56 per share. |