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Levi Stock Falls on Trimmed Revenue Guidance and Potential Sale of Dockers Brand

By MarketWatch   |   Oct 2, 2024 at 04:41 PM EST
Levi Stock Falls on Trimmed Revenue Guidance and Potential Sale of Dockers Brand

Levi Strauss stock plummeted in after-hours trading due to a slight reduction in full-year guidance and a strategic review for the Dockers brand, including a possible sale. Third-quarter earnings were 33 cents per share on $1.52 billion in sales, below analyst expectations.

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