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Why Levi's (LEVI) Stock Is Down Today
Stock Story ·
Stock Story reports: What Happened? Shares of denim clothing company Levi's fell 3.4% in the morning session after the company reported third-quarter net revenues inline with analyst expectations and narrowed its full-year net revenue growth outlook to the lower end of its previous guidance range. According to a company press release, Levi's reported third-quarter net revenues of $1.61 billion. That figure was roughly in line with expectations. Direct-to-consumer sales fell short of…