Levi Strauss Raises Profit Forecast and Shares Surge
Wednesday, 3 April 2024, 20:49
Levi Strauss Boosts Profit Forecast
Shares of Levi Strauss & Co. surged after the jeans maker raised its full-year profit forecast. The increase was attributed to effective cost-cutting measures implemented by the company.
Optimism on Demand
Executives expressed optimism about the demand for both new and older products. This positive sentiment indicates strong consumer interest in Levi Strauss products, both domestically and internationally.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.