Market News / Story
Levi Strauss under pressure, but analysts encouraged by signs of improvement
Seeking Alpha ·
Seeking Alpha reports: Shares of Levi Strauss remain defensive as investors continue to put pressure on the stock for mixed third-quarter results , specifically soft direct-to-consumer (DTC) sales and a lowered revenue growth outlook for the year. “Overall, Q3 was not Levi’s best quarter,” notes Citi Research’s Paul Lejuez. “While trends are currently improving, we see risk that the environment becomes more promotional as other retailers/brands reinvest tariff refunds and chase similar…