Quartz·1 min read·easy
Levi Strauss beat earnings expectations and raised its outlook — but the stock sank
✦AI Summary
Levi Strauss exceeded Wall Street's earnings and revenue expectations for the quarter. Despite the positive financial performance, the company's stock price declined following the announcement.
The denim company posted adjusted earnings of 28 cents a share on $1.56 billion in revenue, topping Wall Street forecasts on both measures
businesseconomy
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