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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