Latest news with #LEVI
Yahoo
14-07-2025
- Business
- Yahoo
Small-Cap Russell 2000 Leads Another Up-Day in the Market
Thursday, July 10, 2025Markets kept moving higher this Thursday, with the small-cap Russell 2000 leading the major indexes for the 4th session in the last 5. The Dow also performed fairly well today: +192 points, +0.43%, while the S&P 500 was up +17 points or +0.27% and the Nasdaq +19 points, +0.09%. The Russell gained +10 points for the session +0.48%.The Russell 2000 has been playing catch-up of late, as large-cap AI/tech stocks listed on the Nasdaq and S&P 500 have led the market for nearly all of this year so far. But in the past month, the Russell is +5%, while the other major indexes hover around +4%. It's still off all-time highs reached 3 1/3 years ago, but the small-caps have outgained the field of the past month or much reining in animal spirits in the market these days, we continually see higher and higher markets. This is even with a trade deadline having come and gone and precious few trade deals with any U.S. trading partners helping light the way forward. We seem to be both having our cake and eating it too these days. Iconic American apparel company Levi Strauss & Co. LEVI reported earnings for its fiscal Q2 after today's close, and were ahead of the Zacks consensus estimates: earnings of 22 cents per share outshone the 14 cents estimated by analysts, while $1.4 billion in revenues surpassed the $1.37 billion we had been projecting. (You can see the full Zacks Earnings Calendar here.)Gross margins for LEVI hit a record +62.6% for the quarter, with comps for the Americas up +5%, net revenues in Europe +14%, and Asia flat. Direct-to-Consumer was +11% in the quarter. All in all, a good quarter — one that justifies its current jump +7% in late trading on the news. The stock is up an additional +14% year to date. There will be no economic reports Friday, and no earnings reports worth writing home about tomorrow either. We look ahead to next Tuesday, when not only Consumer Price Index (CPI) data will be out, but also Q2 earnings reports from some of the biggest Wall Street banks such as JPMorgan JPM, Citigroup C and Wells Fargo banks are expected to perform well, as assets under management are at record highs, while investment banking has performed well across the board with markets at or near all-time highs. The three major banks reporting Tuesday all are currently at Zacks Rank #3 (Hold). Meanwhile, the CPI Inflation Rate from last month's report was at a 12-month low +2.3%, +2.8% on core. These are about as close to what we've seen to the Fed's optimal inflation target of +2.0%.Questions or comments about this article and/or author? Click here>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wells Fargo & Company (WFC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report Levi Strauss & Co. (LEVI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
12-07-2025
- Business
- Yahoo
Levi Strauss Lifts Full-Year Outlook Following Fiscal Second-Quarter Beat
Levi Strauss (LEVI) shares climbed early Friday as the denim maker lifted its full-year earnings and
Yahoo
11-07-2025
- Business
- Yahoo
Trending tickers: latest investor updates on Levi Strauss, Delta, Lynas, BIT Mining and BP
Shares in Levi Strauss (LEVI) rose in pre-market trading on Friday after the US denim maker lifted its annual revenue and profit forecasts, buoyed by stronger-than-expected quarterly result and bets for strong demand for its denims in regions such as Europe in the face of tariff uncertainty. The company reported net income of $67m (£49.5m), or 17 cents per share, for the quarter ending 1 June, up from $18m, or 4 cents per share, in the same period last year. On an adjusted basis, excluding one-off charges tied to restructuring and impairment, earnings were 22 cents per share, ahead of the 13 cents forecast by analysts surveyed by Bloomberg. Revenue also beat expectations, reaching $1.45bn, compared with consensus estimates of $1.37bn. Direct-to-consumer sales grew 11% on a reported basis, accelerating from 8% a year earlier. Levi raised its full-year guidance, citing the strength of its core denim offering and improving performance in international markets. The company is, however, keeping a cautious eye on trade policy developments under president Donald Trump, particularly regarding tariffs. Read more: FTSE 100 LIVE: London flat and Europe lower on renewed tariff threats for Canada and EU As policy currently stands, it anticipates tariffs will only impact the business by $25m to $30m for the rest of the year, or 2 to 3 cents on earnings per share. The company expects fiscal 2025 revenue to grow in the range of 1% to 2%, compared with a prior forecast of a 1% to 2% decline. Shares in Delta Air Lines (DAL) hovered just below the flatline in pre-market trading on Friday, following a 12% surge in the previous session after the carrier posted stronger-than-expected quarterly earnings and reinstated its full-year guidance. The Atlanta-based airline, the first among major US carriers to report second-quarter results, said it expects adjusted earnings per share of between $1.25 and $1.75 in the third quarter. That range exceeds analysts' consensus forecast of $1.31, according to FactSet. Delta also anticipates revenue to be flat to up 4 per cent year-on-year, ahead of expectations for a 1.4 per cent increase. Stocks: Create your watchlist and portfolio The company reported adjusted earnings of $2.10 per share for the three months to 30 June, slightly above analysts' estimate of $2.06. Delta now expects full-year adjusted earnings between $5.25 and $6.25 a share, a forecast it had previously withdrawn in April, citing tariff uncertainty and softer consumer demand. Delta's performance was bolstered by growth in premium seat sales, such as first class, and continued strength in its high-margin partnership with American Express (AXP). Revenue from the Amex tie-up rose 10% year-on-year to $2bn in the quarter. Shares in Australia's Lynas Rare Earths ( the world's largest producer of rare earths outside China, surged as much as 16% on the ASX (^AXJO), reaching their highest point since mid-August 2022. The rally was fuelled by a multibillion-dollar agreement between US-based MP Materials (MP) and the US government to ramp up rare earth magnet production. Under the terms of the deal, the US Department of Defense (DoD) will become the largest shareholder in MP Materials and will guarantee a floor price of $110 per kilogram for the two most commonly used rare earths, nearly double the current market price in China. Read more: UK economy shrinks for second month in a row "This signals a strong US push for rare earth magnet independence, lifting upside risk across the rare earth pricing complex. Lynas appears to be the next logical beneficiary of government market support," analysts at Jefferies wrote in a note to clients. The brokerage upgraded Lynas to a "buy" from "underperform," citing the potential for a significant upside to its earnings following the reset in pricing metrics for rare earths. Jefferies also raised its price target for the company to A$10 a share, up from A$6.40, noting that government-backed funding could de-risk Lynas' growth projects. Shares in BIT Mining (BTCM), a major crypto mining company, were in the red ahead of the US market open, following a dramatic 154% surge in the previous session. The rally came after the company revealed plans to incorporate Solana (SOL-USD) tokens into its treasury, a move aimed at diversifying its digital asset portfolio. The NYSE-listed firm stated that it intends to raise between $200m and $300m in multiple phases to establish a Solana treasury. As part of the transition, BIT Mining plans to convert its existing cryptocurrency holdings into Solana, though it did not disclose the exact amount of its current reserves. Read more: Stocks that are trending today "We are excited to take this bold step into what we believe is one of the most dynamic and promising ecosystems in the blockchain space," said Xianfeng Yang, CEO of BIT Mining, in a press release. Despite spending much of 2025 in the red, BIT Mining's US-traded shares are now in positive territory for the year, due to the announcement that has captured investor attention. BP (BP.L) shares were up by 2% in London at the time of writing as the oil major said oil and gas production is set to rise after renewing its focus on fossil fuels. BP has said it expects to report higher oil and gas production for the second quarter, after the energy giant renewed its focus on fossil fuels to help boost profits. The London-listed company told investors that upstream production is now expected to be higher between April and June, compared with the previous three months. This incorporates its oil production and operations, as well as gas and low carbon energy production coming in slightly higher. However, the oil business said lower prices received for its oil production were expected to impact results by up to $800m. BP also told investors that its net debt at the end of the second quarter was expected to be slightly lower compared with the end of the first quarter. The business earlier this year revealed a new growth strategy focused on extracting more oil and gas, following pressure from some investors to boost its in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
11-07-2025
- Business
- Business Insider
LEVI Earnings: Levi Strauss Stock Jumps 5% as Company Raises Guidance
The stock of Levi Strauss (LEVI) is up 5% after the clothing retailer known for its blue jeans reported financial results that beat Wall Street forecasts and raised its guidance. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. San Francisco-based Levi Strauss reported earnings per share (EPS) of $0.22, which topped the consensus forecast among analysts that called for $0.13. Revenue in the year's second quarter totaled $1.45 billion, which was ahead of the $1.37 billion expected on Wall Street. Sales were up 6% from a year earlier. Looking ahead, Levi Strauss raised its full-year guidance, saying it's working to absorb some of the costs from higher tariffs. The denim maker said it now expects full-year earnings of $1.25 to $1.30 per share, up from a previous forecast of $1.20 and $1.25, and better than the $1.23 that analysts anticipated. The company expects sales to rise between 1% and 2% this year, up from previous guidance of down 1% to 2%. That range is also ahead of Wall Street expectations, which expected revenue to decline 5.2%. Levi Strauss' earnings per share. Source: Main Street Data Assumptions Levi Strauss' current forecast assumes a 30% tariff on China, where the company manufactures about 1% of its clothing items, and a 10% tariff on the rest of the world. Those assumptions could change as U.S. President Donald Trump negotiates trade deals with key manufacturing regions, notably in Asia. Management at the company has said that 60% of the products they sell are manufactured outside the U.S. However, for the time being, Levi Strauss said that it plans to absorb the tariff impacts without raising prices on consumers. To that end, the company forecasts that tariffs will impact its business by $25 million to $30 million for the rest of this year, or about two to three cents per share. LEVI stock has risen 16% this year. Is LEVI Stock a Buy? The stock of Levi Strauss has a consensus Strong Buy rating among nine Wall Street analysts. That rating is based on eight Buy and one Hold recommendations issued in the last three months. The average LEVI price target of $20.06 implies 1.67% upside from current levels. These ratings are likely to change after the company's latest financial results.
Yahoo
08-07-2025
- Business
- Yahoo
How To Earn $500 A Month From Levi Strauss Stock Ahead Of Q2 Earnings
As Levi Strauss & Co. (NYSE:LEVI) prepares to unveil its second-quarter earnings on July 10, the iconic denim brand finds itself at a pivotal moment, navigating both market challenges and strategic changes. This earnings report will not only provide insight into Levi's financial health but also influence its appeal to dividend-seeking investors, as the company currently offers a competitive yield amid a fluctuating retail landscape. Analysts expect the company to report quarterly earnings at 13 cents per share, down from 16 cents per share in the year-ago period. Levi Strauss projects to report quarterly revenue of $1.37 billion, compared to $1.44 billion in the same quarter a year earlier, according to data from Benzinga Pro. On May 20, Levi Strauss entered into a definitive agreement to sell Dockers® to Authentic Brands Group. With the recent buzz around Levi Strauss, some investors may also be eyeing potential gains from the company's dividends. As of now, Levi Strauss offers an annual dividend yield of 2.81%, which is a quarterly dividend amount of 13 cents per share (52 cents a year). To figure out how to earn $500 monthly from Levi Strauss, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Levi Strauss $0.52 dividend: $6,000 / $0.52 = 11,538 shares. So, an investor would need to own approximately $225,568 worth of Levi Strauss, or 11,538 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $0.52 = 2,308 shares, or $45,121 to generate a monthly dividend income of $100. View more earnings on LEVI Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. LEVI Price Action: Shares of Levi Strauss gained by 2.3% to close at $19.55 on More: Photo: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article How To Earn $500 A Month From Levi Strauss Stock Ahead Of Q2 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
