Levi Strauss shares are trading lower after the company said it expects 2023 EPS guidance to be at the low end of the $1.10-$1.20 range.
Portfolio Pulse from Bill Haddad
Levi Strauss shares are trading lower after the company announced it expects 2023 EPS guidance to be at the low end of the $1.10-$1.20 range.
October 06, 2023 | 5:06 pm
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Levi Strauss shares are trading lower due to the company's lower than expected 2023 EPS guidance.
Levi Strauss has announced that it expects its 2023 EPS guidance to be at the lower end of the $1.10-$1.20 range. This lower than expected guidance has led to a decrease in the company's share price. Investors may be concerned about the company's future profitability, leading to a sell-off of shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100