Will Levi's Stock Rally On Its Upcoming Earnings?
1. Levi's October earnings forecast shows 6% decline in earnings year-over-year. 2. Analysts predict adjusted earnings of 31 cents per share; revenue at $1.50 billion. 3. LEVI stock has historically risen 56% post-earnings announcements with a 4.6% median gain. 4. Strong Q2 results saw a 6% revenue increase and record gross margin of 62.6%. 5. Full-year guidance raised to 4.5–5.5% organic sales growth despite macroeconomic risks.