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SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) today unveiled “These City Walls,” an initiative to commission 25 new murals across San Francisco in honor of the 25th anniversary of the company's Community Day. This project is part of the company's ongoing effort to support revitalization in the city by making grants to local organizations, mobilizing employees for volunteering, and partnering with like-minded companies and non-profits. In addition to kicking off the mural p.
Levi Strauss shareholders voted against a proposal for the company to end its diversity, equity and inclusion (DEI) efforts, it disclosed in a filing on Monday.
I recommend a buy rating for Levi Strauss & Co. due to its strong growth phase, driven by DTC transformation and improved margins. LEVI's 1Q25 results showed solid earnings, with organic revenue up 8.6% y/y and gross margin expanding to 62.1%. LEVI's DTC strategy is a key growth driver, with DTC revenue now at 52% of total sales, boosting margins and brand control.
Levi's said it has a task force looking into effect of Trump's tariffs.
Levi Strauss & Co. said it saw better-than-expected financial results in the first quarter as it continued to increase its focus on the direct-to-consumer (D2C) business. At the end of the quarter, the D2C business accounted for 52% of the apparel company's total global net revenues, according to a Monday (April 7) earnings release.
LEVI posts earnings beat in first-quarter fiscal 2025. DTC revenues increase 9% on a reported basis.
Levi Strauss & Co. CEO Michelle Gass said if the company raises prices due to President Donald Trump's tariffs, the increases would be "very surgical."
Despite market pessimism, Levi Strauss & Co. presents a buying opportunity due to its attractive pricing and strong financial performance. Levi Strauss reported higher-than-expected earnings per share and adjusted earnings per share, despite revenue falling slightly short of analysts' expectations. The company's revenue growth was driven by its Levi's brands and Beyond Yoga products, with significant contributions from new store openings and e-commerce sales.
SAN FRANCISCO--(BUSINESS WIRE)--In the penultimate table titled Discontinued Operations - Dockers®, the Full-Year figures for the Year Ended December 1, 2024 (Dollars and shares in millions, except per share amounts) should read: Operating income: $262.7 (instead of $379.6); Income (loss) from continuing operations before income taxes: $217.6 (instead of $334.5); Net income (loss) from continuing operations: $210.4 (instead of $327.3); Net income (loss): $210.6 (instead of $327.5); Earnings (l.
Levi Strauss said fiscal first-quarter revenue rose, boosted by the U.S. market, and kept its outlook for the year unchanged but excluded the impact of higher tariffs from its guidance.