Levi Strauss & Co.LEVIBUYJan 29, 2025Stock price when the opinion was issued
As of Nov 02, 2026. Market Open.
They reported a mixed quarter in early August with light sales in direct to consumer. The bottom line beat mostly from tariff refunds. Also, guidance was disappointing. Shares fell, but have since rallied over 20% from that low. It's still cheap at 14x PE, pays a 2.8% dividend and buying lots of shares.
It reported after the bell superb 12% YOY sales growth, strength in the Americas, Europe and direct to consumer channels. They beat gross margins, but due to higher expenses, they delivered a modest earnings beat. Their full-year forecast was a little mixed, but overall good.