Levi Strauss (LEVI) Dips More Than Broader Markets: What You Should Know

Levi Strauss (LEVI) Dips More Than Broader Markets: What You Should Know
This story originally appeared on Zacks

Levi Strauss (LEVI) closed the most recent trading day at $25.51, moving -1.81% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.72%.

Levi Strauss (LEVI) Dips More Than Broader Markets: What You Should Know – Zacks

Coming into today, shares of the jeans maker had lost 3.74% in the past month. In that same time, the Retail-Wholesale sector lost 2.61%, while the S&P 500 gained 0.11%.

Levi Strauss will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.40, up 100% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.68 billion, up 21.14% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Levi Strauss. These revisions help to show the ever-changing nature of near-term business trends. With this…

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