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Levi Strauss & Co. - LEVI STOCK NEWS

Welcome to our dedicated news page for Levi Strauss & Co. (Ticker: LEVI), a resource for investors and traders seeking the latest updates and insights on Levi Strauss & Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Levi Strauss & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Levi Strauss & Co.'s position in the market.

News
Levi Strauss & Co. Appoints Gianluca Flore as Chief Commercial Officer
Rhea-AI Summary
Levi Strauss & Co. appoints Gianluca Flore as executive vice president and chief commercial officer to drive direct-to-consumer transformation and international growth. Flore brings over 20 years of luxury apparel experience, joining from Burberry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
Tags
management
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News
Levi Strauss & Co. Reports First-Quarter 2024 Financial Results
Rhea-AI Summary
Levi Strauss & Co. (LEVI) reports Q1 earnings above expectations with a gross margin increase of 240 BPS driven by lower product costs. Global DTC up 7%, diluted loss per share of $(0.03) due to restructuring charges. Company affirms 1-3% FY revenue growth & raises EPS range to $1.17-$1.27.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.38%
Tags
earnings
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News
Levi Strauss & Co. to Webcast First Quarter 2024 Earnings Conference Call
Rhea-AI Summary
Levi Strauss & Co. (LEVI) to host a conference call to discuss first quarter financial results on April 3, 2024, led by Michelle Gass and Harmit Singh.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
conferences earnings
News
Michelle Gass Assumes Role of Levi Strauss & Co. President & Chief Executive Officer
Rhea-AI Summary
Levi Strauss & Co. (LS&CO.; NYSE: LEVI) has announced Michelle Gass as the new president and CEO, succeeding Chip Bergh. Gass plans to accelerate international growth, position the Levi’s® brand as a head-to-toe denim lifestyle apparel business, and transition the company's operating model to a direct-to-consumer (DTC)-first organization. The company is expanding its executive leadership team with the appointment of Kenny Mitchell as Chief Marketing Officer and Dawn Vitale as Chief Merchandising Officer. The company also plans to hire a president and chief commercial officer to shape its global commercial strategy. Gass aims to prioritize growth and a consumer-centric approach throughout LS&Co.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
none
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News
Levi Strauss & Co. Reports Fourth-Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
Levi Strauss & Co. (LEVI) reported a 3% increase in Q4 net revenues, driven by growth in the U.S. and global direct-to-consumer sales. Gross margin increased by 200 basis points, while Q4 diluted EPS and adjusted diluted EPS were up 29% over the prior year. Inventory decreased by 17% on a comparable basis, and the company announced details on a global productivity initiative. Levi Strauss & Co. also provided fiscal year 2024 guidance, expressing optimism despite the challenges faced in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
earnings
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News
Levi Strauss & Co. Renews Commitment to the Bay Area With Proposed 10-Year Extension of Levi’s® Stadium Naming Rights and 49ers Partnership
Rhea-AI Summary
Levi Strauss & Co. and the San Francisco 49ers proposed a 10-year extension to the naming rights for Levi’s Stadium and team sponsorship worth $170 million. This secures LS&Co. the naming rights through the 2043 NFL season, reaffirming the parties’ commitment to the Bay Area as a world-renowned destination for sports and entertainment. The extension also includes digital content and merchandise collaborations. Levi’s Stadium has hosted world-class events, and LS&Co. will continue to invest in long-term, sustainable growth and community engagement. The extension solidifies the partnership between LS&Co. and the San Francisco 49ers, emphasizing their shared commitment to making a positive impact on the community. The stadium will host the 2026 FIFA World Cup and Super Bowl 60, generating significant economic impact for the region and City of Santa Clara.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
partnership
News
Beyond Yoga® Announces Executive Leadership Transition, Designed to Fuel Growth Under Levi Strauss & Co.
Rhea-AI Summary
Beyond Yoga, owned by Levi Strauss & Co., announced the departure of co-founder and CEO Michelle Wahler and the appointment of Nancy Green as the new CEO. Green is expected to lead the brand's accelerated growth and expansion within LS&Co.'s portfolio. The company has seen significant growth under Wahler's leadership, contributing nearly $100 million to net revenue. Green's extensive experience in retail and brand building is expected to unlock the potential of Beyond Yoga and expand its digital and retail ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
management
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News
Levi Strauss & Co. to Webcast Fourth Quarter 2023 Earnings Conference Call
Rhea-AI Summary
Levi Strauss & Co. (LEVI) to Host Conference Call for Q4 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
conferences earnings
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News
Levi Strauss & Co. Appoints David Marberger to Board of Directors
Rhea-AI Summary
Levi Strauss & Co. (NYSE: LEVI) appoints David Marberger, Conagra Brands CFO, to its board of directors and Audit Committee. Marberger brings over 30 years of finance and leadership experience, having served in various CFO roles for prominent global brands. His expertise is expected to drive positive performance and further the company's long-standing legacy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
management
News
Levi Strauss & Co. Announces Executive Leadership Changes
Rhea-AI Summary
Levi Strauss & Co. (LS&Co.) announced the retirement of President & CEO Chip Bergh effective April 26, 2024, with Michelle Gass succeeding him as President & CEO from January 29, 2024. Bergh will transition to the role of executive vice chair of the board until his retirement date and then to the role of senior advisor until the end of the company’s 2024 fiscal year. Under Bergh's leadership, LS&Co. transformed into a global, DTC-driven business, revitalized the Levi’s brand, and returned to the public markets with a successful IPO in March 2019. Gass, who has been leading the Levi’s brand since January 2023, aims to position LS&Co. as a world-class direct-to-consumer retailer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
management
Stock LEVI logo
Levi Strauss & Co.

NYSE:LEVI

LEVI Rankings

#874 Ranked by Market Cap
#2586 Ranked by Stock Gains
#1341 Ranked by Dividends

LEVI Stock Data

7.65B
95.81M
9.15%
83.71%
2.66%
Hosiery and Sock Mills
Manufacturing
Link
US
San Francisco

About LEVI

levis outlet is a company based out of 114 s avenue, minneapolis, minnesota, united states.