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After Levi Strauss's Q3 report, analysts changed their predictions for the company.

ResultsRead the original at Benzinga
Neutral

Levi Strauss’s per-share profit beat included a tariff refund, but quarterly sales missed and its sales forecast fell below analysts’ estimate. Its adjusted profit forecast begins at analysts’ estimate, and direct sales fell short of the company’s plan, leaving mixed signals.

LEVI · Levi Strauss & Co.

AI read · Neutral

The AI's read

The per-share profit beat gives some support, but part came from a tariff refund rather than sales. Revenue missed, and the sales forecast sits below analysts’ estimate. The adjusted profit forecast begins at the estimate, and direct sales fell short of the company’s plan. These mixed signs do not clearly change Levi Strauss’s business outlook.

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