Levi Strauss announces strategic review of Dockers brand including sale-March 2024-www.financetom.com

Levi Strauss announces strategic review of Dockers brand including sale

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Levi Strauss announces strategic review of Dockers brand including sale

Oct 2, 2024 9:38 PM

Oct 2 (Reuters) - Levi Strauss & Co ( LEVI ) said on

Wednesday it was also announcing a strategic review of its

Dockers brand including a sale.

The company missed Wall Street expectations for quarterly

revenue, hurt by weaker consumer spending on chinos and khakis

mainly in the wholesale channels.

Levi's third-quarter net revenue rose $1.52 billion from

$1.51 billion a year earlier. Analysts had expected $1.55

billion, according to data compiled by LSEG.

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