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LEVI
CNBC
202 days

Levi beats earnings estimates but expects pressure this year from strong U.S. dollar

1. Levi's projects 1-2% sales decline due to currency and fewer selling weeks. 2. Earnings per share guidance is $1.20-$1.25, below $1.37 estimate. 3. Sales rose 12% in Q4, outperforming expectations at $1.84 billion. 4. CEO Gass focuses on female customers; women's apparel is 36% of sales. 5. Company plans to manage potential tariff impacts without raising prices significantly.

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FAQ

Why Bearish?

The downward revision in sales and earnings forecasts indicates potential revenue challenges.

How important is it?

The article addresses current and forecasted performance, impacting investor perceptions of LEVI.

Why Short Term?

Immediate guidance issues may affect investor sentiment temporarily, similar to previous earnings dips.

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