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Levi Strauss raises profit outlook on tariff refunds, lowers revenue guidance

CNBC +5 ·

LEVI
LEVI Levi Strauss & Co
$19.51 -4.97%
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  1. 1Levi Strauss raised its profit outlook following tariff refunds.
  2. 2The full-year adjusted earnings per share guidance for Levi Strauss was raised to a range of $1.54 to $1.56.
  3. 3The annual net revenue growth guidance for Levi Strauss was lowered to 7%.

So what's the key point?

Levi Strauss increased its expected profit after receiving tariff refunds. However, the company lowered its expected annual revenue growth rate to 7%.

Source CNBC +5 · View original ↗

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