Levi Strauss & Co. (NYSE:LEVI) Q3 2023 Earnings Call Transcript October 5, 2023 Levi Strauss & Co. beats earnings expectations. Reported EPS is $0.28, expectations were $0.27. Operator: Good day, ladies and gentlemen, and welcome to the Levi Strauss & Company’s Third Quarter Earnings Conference Call for the period ended August 27, 2023. All parties […]
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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. The iconic denim maker got dragged down by weaker shopping trends, both at department stores and big-box retailers across the U.S such as Macy’s Inc (NYSE: M), Kohl’s Corporation (NYSE: KSS) and Target Corporation (NYSE: TGT). A month ago, Target posted its first quarterly sales decline in six years due to the slowdown
Levi Strauss & Co. today announced financial results for the third quarter ended August 27, 2023. In the third quarter, we delivered double-digit growth in our direct-to-consumer.