LEVI Stock Recent News

In the closing of the recent trading day, Levi Strauss (LEVI) stood at $17.48, denoting a -1.74% change from the preceding trading day.

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) today announced a series of strategic leadership changes aimed at accelerating the company's shift to become a best-in-class omnichannel retailer. These changes are designed to realize the full potential of the company's iconic Levi's® brand and products, improve the company's speed and agility, and further its commitment to consumer obsession and innovation. These actions will streamline decision-making, drive ope.

Skinny jeans are cropping up on runways and Google search trends, and analysts expect they could be back at mass retailers by the end of the year. One of the most divisive garments in fashion is expected to look a bit different this time around, and will be more tailored than its skintight predecessor.

I recommend a hold rating for Levi Strauss & Co. LEVI reported strong 4Q24 results with 12% y/y revenue growth, driven by 19% y/y DTC growth and 7% y/y wholesale growth, and margin expansion. Despite positive developments, concerns include a flat wholesale outlook for FY25 and heavy exposure to the North American market, which faces weak consumer spending.

Levi Strauss & Co. maintained positive organic revenue trends in 4Q24, driven by strong DTC and e-commerce performance, but faced higher SG&A costs due to increased advertising. The company's FY25 guidance anticipates organic revenue growth of 3.5-4.5% and improved operating margins of 11%, despite headwinds from the Denizen sale and FX. Levi trades at a high P/E of 15x, which is not justified given its modest growth rate and reliance on a favorable fashion cycle.

Levi Strauss (LEVI) shares slipped Thursday when the clothing maker warned that sales would fall because of difficult economic conditions and possible U.S. trade moves.

LEVI records a robust fourth quarter, improved profitability and a solid cash flow. For fiscal 2025, it expects organic net revenue growth of 3.5-4.5%.

Levi Strauss & Co. LEVI reported better-than-expected fourth-quarter results on Wednesday.

The headline numbers for Levi Strauss (LEVI) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Levi Strauss & Co. (NYSE:LEVI ) Q4 2024 Earnings Conference Call January 29, 2025 5:00 PM ET Company Participants Aida Orphan - Vice President of Investor Relations Michelle Gass - President and Chief Executive Officer Harmit Singh - Chief Financial and Growth Officer Conference Call Participants Jay Sole - UBS Paul Kearney - Barclays Matthew Boss - J.P. Morgan Brooke Roach - Goldman Sachs Paul Lejuez - Citi Laurent Vasilescu - BNP Paribas Jim Duffy - Stifel Nicolaus Ike Boruchow - Wells Fargo Operator Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company Fourth Quarter and Fiscal Year-End Conference Call for the period ending December 1, 2024.