Levi Strauss Watchlist

tz-plus logo Jeans Giant Hits the Accelerator! Levi's Explodes Thanks to Historic Record Quarter and Raised Forecast!

A. Wimbauer
Reading Time: 3 minutes

Levi Strauss (LEVI) has officially outgrown pure wholesale and is celebrating a historic milestone. For the first time, the jeans giant generates more than half of its revenue from lucrative direct sales. A spectacular Q1 that pulverized all expectations on Wall Street, clever price increases, and a significantly raised annual forecast have sent investors into a frenzy, causing the stock to surge dramatically. Global Denim Powerhouse Focused on Direct Sales Levi Strauss & Co. sells its iconic jeans, casual wear, and brands like Beyond Yoga...

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