Levi Strauss Exceeds Q2 Earnings Estimates, Raises Outlook
Levi Strauss Inc. reported second-quarter net income from continuing operations of $95 million and adjusted profits of $110 million with earnings per share of 28 cents, surpassing analyst expectations by 4 cents. The company raised its outlook despite a decline in stock price following the report.
Tickers: $LEVI
Topics: brand strategy earnings outlook raise