Levi Strauss Q2 Adj. EPS $0.04 Beats $0.03 Estimate, Sales $1.337B Miss $1.34B Estimate
Portfolio Pulse from Benzinga Newsdesk
Levi Strauss reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $0.03 by 33.33%. However, the company's quarterly sales of $1.34 billion missed the analyst consensus estimate of $1.34 billion by 0.24%. This represents a 9.12% decrease in sales compared to the same period last year.
July 06, 2023 | 8:08 pm
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Levi Strauss' Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
Levi Strauss' Q2 earnings beat analyst estimates, which could positively impact the stock. However, the company's sales missed estimates and decreased compared to last year, which could negatively impact the stock. The mixed results make the short-term impact on the stock uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100