Levi Strauss cuts its annual forecasts rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
The company posted a 58% year-on-year increase in net sales in India to Rs 1,154 crore in FY22, as per the latest available filing. However, unlike rivals that report retail sales, Levis revenues are not comparable because sales are accounted at wholesale prices to franchise partners.
All eyes will be on the September employment report. Investors are looking to the report to gather any clues as to what the Federal Reserve might do at its…
Levi Strauss & Co (NYSE: LEVI) reported muted third quarter earnings while slashing its annual outlook again after already cutting its full year profit guidance three months ago.