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Levi Strauss & Co. Receives Ratings Upgrade from Fitch Ratings

1. Fitch upgrades Levi's long-term credit rating to BBB-, underscoring fiscal discipline. 2. Stable outlook and strategic growth plans bolster investor confidence in Levi.

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FAQ

Why Bullish?

A rating upgrade improves Levi's creditworthiness, lowering borrowing costs and enhancing investor sentiment. Historical examples, such as rating upgrades in similar retail companies, often led to immediate positive stock reactions.

How important is it?

The credit rating upgrade is a strong signal of improved financial health, impacting cost of capital and investor perceptions, which can materially influence Levi's stock performance.

Why Short Term?

The news is likely to impact investor sentiment and stock price immediately, though long-term gains depend on strategic execution.

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VFC
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI) today announced that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+'. The investment grade rating accompanies an indication to the market that the company has a Stable Rating Outlook. "The upgrade from Fitch underscores our commitment to financial discipline while driving strategic growth across regions, channels and categories," said Harmit Singh, chief financial and growt.

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