Levi Strauss Co. (NYSE: LEVI) shares fell sharply on Friday despite the denim maker reporting stronger-than-expected third-quarter results and raising its full-year guidance. Investors appeared unsettled by the company’s cautious fourth-quarter outlook and warnings of tariff-related margin pressure, sending the stock down 10.23% to $22.03 on Friday. Earnings beat and upgraded full-year forecast For the fiscal third quarter ended in August, Levi reported adjusted earnings per share of 34 cents on revenue of $1.54 billion, exceeding FactSet estimates of 31 cents and $1.50 billion, respectively. The company also...
Sunday 12 October 2025
wn.com - 2 days ago
Levi Strauss falls 10% after cautious Q4 outlook affected by tariff worries
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