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Add as a preferred source on GoogleLevi Strauss Shares Stay Under Pressure After Mixed Third Quarter
Soft direct-to-consumer sales and a lower full-year revenue-growth outlook weighed on the apparel company’s shares.
Levi Strauss & Co. shares remained under pressure Thursday after mixed third-quarter results, as soft direct-to-consumer sales and a lower full-year revenue-growth outlook weighed on the apparel company.
The company’s direct-to-consumer sales were soft in the third quarter.
Levi Strauss also lowered its full-year revenue-growth outlook.
The mixed results left the apparel company’s shares under pressure Thursday.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.