LEVI Stock Recent News

Levi Strauss President and CEO Michelle Gass joins 'Mad Money' host Jim Cramer to talk the strategic review of Dockers, quarterly results, consumer trends and more.

Levi Strauss (LEVI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago.

Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast, even as management said its core Levi's brand was leading the way toward improvement and called out potential gains from its new partnership with Beyoncé.

Levi said it was considering selling khaki brand Dockers after months of underperforming sales.

Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. The company manages its business according to three regional segments: the Americas, Europe, and Asia.

Levi Strauss & Co said on Wednesday it was announcing a strategic review of its underperforming Dockers brand including a possible sale.

Levi Strauss delivered mixed quarterly results and said it was looking to sell its Dockers business. The denim maker is seeing strong gains in its namesake brand and Beyond Yoga but sales at Dockers plunged 15% during the quarter.

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the third quarter ended August 25, 2024. “The underlying fundamentals of our business are getting stronger, driven by the Levi's® brand, which grew 5% globally in Q3, a significant acceleration from H1 and the highest revenue growth in two years. We are making progress against our strategic priorities, including double-digit growth in our direct-to-consumer business, continued positive perf.

Levi Strauss & Co. LEVI will release earnings results for its third quarter, after the closing bell on Wednesday, Oct. 2.

SAN FRANCISCO--(BUSINESS WIRE)--The Levi's® brand today announced a new campaign with global icon Beyoncé. Following the release of “LEVII'S JEANS” — a beloved track from “COWBOY CARTER,” the critically acclaimed album exploring and redefining Americana — Beyoncé steps into the role of protagonist in “REIIMAGINE,” a campaign inspired by the legacy of the Levi's® brand and the forward-thinking vision of one of the most influential figures of modern culture, reaffirming the brand's enduring place.