Levi's stock tumbles on disappointing Q2 revenue

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Levi Strauss & Co.,Earnings Per Share,Net Revenue

Levi Strauss & Co. (LEVI) posted second quarter adjusted earnings per share of $0.16, topping Wall Street estimates of $0.11. Net revenue of $1.44 billion...

) posted second quarter adjusted earnings per share of $0.16, topping Wall Street estimates of $0.11. Net revenue of $1.44 billion was just under the estimated $1.45 billion. The company is also raising its quarterly dividend to $0.13 from $0.12 per share.Now, the company's earnings per share beat estimates by five cents.The estimate for $1.45 billion the company leaving its year forecast unchanged year and those net revenues rose 8% year over year in the Americas revenue was up 17%.

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