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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.
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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.
Labeling the company's direct-to-consumer (D2C) business as “our overarching strategy,” Levi Strauss & Co. CEO Michelle Gass noted D2C channels drove considerable success during the fourth quarter. D2C revenue rose 19% during the quarter and global D2C revenue increased 14%.
Levi Strauss beat market expectations for fourth-quarter revenue on Wednesday, helped by robust demand for its denim skirts and dresses during the holiday quarter.
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) today announced financial results for the fourth quarter and fiscal year ended December 1, 2024. “We delivered a strong fourth quarter and holiday season, positioning us well as we enter 2025. Our sharpened focus on the core Levi's® brand is working, with broad-based strength across women's, men's, DTC and wholesale,” said Michelle Gass, President and CEO of Levi Strauss & Co. “Our improved performance is a direct result of.