Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
1. Levi raised its full-year earnings guidance amid tariff challenges. 2. Adjusted earnings per share now expected between $1.25 to $1.30. 3. Revenue guidance raised, now anticipating 1% to 2% sales growth. 4. Tariffs could impact profits by $25-$30 million this year. 5. Levi's shares rose 8% after better-than-expected earnings report.