Levi Strauss considers possible sale of Dockers brand, shares tank …
WEB1 day ago · By Ananya Mariam Rajesh. (Reuters) -Levi Strauss said on Wednesday it was considering a sale of its underperforming Dockers brand and forecast fourth-quarter revenue below expectations, sending ...
Levi Strauss trims guidance as it weighs sale of Dockers business
WEB1 day ago · Sales came in at $1.52 billion, up slightly from $1.51 billion a year earlier. With one quarter left to go in the fiscal year, Levi reaffirmed its full-year adjusted earnings per share guidance of ...
Brand Management Firms Expected to Face Off Over Dockers
WEB2 hours ago · Levi’s has entertained the idea of selling the brand several times. In 2004, it signed a letter of intent to sell Dockers to Vestar Capital Partners, but that deal never closed. More recently ...
Levi Strauss weighs Dockers sale as Q3 fails to impress - Yahoo …
WEB1 day ago · In this article: Levi Strauss & Co (LS&Co) net revenue of $1.5bn for its third quarter (Q2) ended 25 August 2024 was flat on a reported basis and 2% higher on a constant-currency basis compared to ...
As Levi’s pivots to DTC, Dockers may be sold - Yahoo Finance
WEB1 day ago · To receive daily news and insights, ... Levi Strauss & Co. said Q3 net revenue was flat to last year at $1.5 billion, with Levi’s up 5% globally, Dockers down 15% and Beyond Yoga up 19%. Direct ...
Live news: Levi Strauss considers sale of Dockers brand
WEB2 days ago · After they were introduced in 1986, Dockers became a mainstay of middle-aged men’s wardrobes. The brand “is credited with inventing Casual Fridays,” Levi Strauss has said. On Wednesday, the ...
Levi’s tempers forecast and weighs sale of Dockers — ‘This is all …
WEB1 day ago · Shares of Levi Strauss & Co. slid after hours on Wednesday after the jeans maker tempered its full-year sales forecast and said it was weighing a possible sale of its struggling Dockers business ...
Levi Cuts Revenue Outlook, Mulls Sale of Dockers Brand
WEB1 day ago · Levi Strauss LEVI -2.86% cut its revenue outlook for the year and is once again exploring the potential sale of Dockers, the latest move by Chief Executive Michelle Gass to center the company on ...
Levi Strauss shares tank 10% as company considers possible sale …
WEB1 day ago · Sales of Dockers saw a 15 per cent decline in the third quarter. The brand contributed about 5 per cent to the reported quarter’s total revenue of $1.52-billion, which missed analysts ...
Levi Strauss Considers Dockers Sale: What This Means For The …
WEB1 day ago · In the third quarter, Dockers’ sales declined by 15%, contributing only 5% to Levi’s total revenue of $1.52 billion, which fell short of analysts’ expectations, according to the report.