Momento Corporativo | IFC y Levis Strauss, para hacer mejores prendas elsoldemexico.com.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elsoldemexico.com.mx Daily Mail and Mail on Sunday newspapers.
Levi Strauss forecasts upbeat full year as apparel demand bounces back
07/08/2021 22:14
(Reuters) -Levi Strauss & Co on Thursday forecast a strong full-year profit after handily beating quarterly earnings estimates as demand for its jeans, tops, and jackets rebound quicker than expected across its markets.
Shares in Levi climbed 3% in extended trading as it also increased its third-quarter dividend by 33%.
Customers refreshing their wardrobes following months-long lockdowns and COVID-19-related restrictions are boosting sales of loose-fitting jeans and street clothes at Levi and its peers American Eagle and Abercrombie & Fitch. About 35% of consumers in the U.S. have changed waist sizes. And some of it is up and some of it is down, but either way, it creates another reason for people to go out and update their wardrobe, Chief Executive Officer Charles Bergh said on an earnings call.
AP Photos
Steven P. Millies’ May 7 op-ed on the movement in parts of the Catholic Church to withhold Communion from lay Catholics, most notably President Joe Biden, who “hold policy views that diverge from many Catholic bishops” was well-written and informative about some of the struggles within the church especially on abortion.
Pope Francis’ statement that the Eucharist “is not a prize for the perfect but a powerful medicine and nourishment for the weak” is in line with the sense of many Catholics that all of the sacraments are conduits of strength and grace, not rewards for “good behavior,” as we were once taught.
CEOs vow to fight voting restrictions despite threats from Trump and McConnell kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.