Levi Strauss Falls on Concerns of Weak Consumer Spending: Should You Buy, Sell, or Hold This Stock?

By |2023-12-07T19:49:59+00:00October 6th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Shares of Levi Strauss (LEVI) are trading lower in Friday's pre-market trading session after the clothing manufacturer delivered lackluster third-quarter earnings coupled with an unoptimistic full-year outlook. The company saw weakened consumer spending for the quarter which led to a 1% drop in sales to $1.51 billion. This fell short of the Wall Street [...]