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SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) will host a conference call to discuss the company's financial results for the second quarter ended June 1, 2025. The call will be held on Thursday, July 10, 2025, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receiv.
PETAH TIKVA, Israel , June 17, 2025 /PRNewswire/ -- Strauss Group Ltd . (TASE: STRS), announces today that the credit rating agency Midroog, an affiliate of Moody's, announced today that it has upgraded Strauss Group's outlook from negative to stable, while affirming the Aa1.il rating of the Group's debentures (Series E and F).
First Quarter 2025 Highlights: Sales growth across all business segments in Israel and globally, driven primarily by Brazil Continued investment in infrastructure in Israel, including a new production facility for plant-based milk alternatives in Northern Israel (expected to be completed by the end of 2025), and new logistics centers in Bror Hayil and Yotvata Growth in Israel across all segments, driven by innovation and a customer-centric approach The international coffee business achieved record revenues and operating profit in the quarter In Brazil, the group continues to maintain its leading competitive position in coffee and presented an improvement in its operating profit. Strauss Water launched a new brand in the UK, in collaboration with Culligan S&P Maalot affirmed the Group's ilAA+ rating with stable outlook PETAH TIKVA, Israel, May 28, 2025 /PRNewswire/ -- Strauss Group Ltd.
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced that Harmit Singh, chief financial and growth officer, will participate in a fireside chat at the Deutsche Bank Global Consumer Conference in Paris on Thursday, June 5, 2025, at 12:30 p.m. CEST (6:30 a.m. ET). To access the live webcast, please visit https://kvgo.com/deutsche-bank/levi-strauss-co-june-2025 A replay of the webcast will be available on http://investors.levistrauss.com Please contact your dbAccess.
Levi Strauss & Co.'s sale of Dockers for up to $391 million is a strategic move that maximizes shareholder value and streamlines operations. The Dockers brand contributed little to profitability, so the sale should marginally increase Levi's profits, cash flow, and reduce net debt. Valuation multiples for the Dockers sale suggest Levi Strauss & Co shares remain attractively priced versus peers, even after recent gains.
Levi Strauss & Co (NYSE:LEVI)'s announcement of the sale of its Dockers brand to Authentic Brands Group for $311 million has UBS analysts more bullish on the clothing company, most famous for its jeans. Notably, the deal could be worth up to $391 million for Levi based on an additional $80 million cash earnout contingent on Dockers' performance under Authentic Brands.
LEVI sharpens its focus on core growth by selling Dockers and doubling down on its denim lifestyle and DTC strategy.
The Dockers brand, long synonymous with Levi Strauss is getting a new owner as Authentic Brands has agreed to purchase the casual clothing line for a deal with over $300M
Levi Strauss & Co. (LEVI) said on Tuesday that it has agreed to sell the Dockers brand to Authentic Brands Group, a firm that specializes in acquiring and licensing brands around the world.
Levi Strauss said it will sell Dockers to Authentic Brands Group for $311 million, as Chief Executive Michelle Gass continues taking steps to center the company on its namesake brand.