Levi Strauss post-IPO earnings send shares higher

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Levi Strauss & Co. reported the company's first earnings since its March initial public offering on Tuesday, and shares rose in extended trading. The...

Levi Strauss & Co. LEVI, +2.72% reported the company's first earnings since its March initial public offering on Tuesday, and shares rose in extended trading. The clothing maker reported quarterly profit of $146.6 million, or 37 cents a share, on revenue of $1.44 billion, up from $1.34 billion a year ago. In the year-ago quarter, Levi's reported a loss of $19 million, mostly attributable to changes in the tax law, the company said.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here comes Levi Strauss' first earnings report as a public company in nearly 35 years ...Levi Strauss, which returned to the public market last month, is scheduled to report quarterly earnings on Tuesday afternoon. Private company
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here comes Levi Strauss' first earnings report as a public company in nearly 35 years ...Levi Strauss, which returned to the public market last month, is scheduled to report quarterly earnings on Tuesday afternoon. Private company
Source: BusinessInsider - 🏆 729. / 51 Read more »

S&P 500, Nasdaq edge higher as earnings season loomsThe S&P 500 and the Nasdaq edged into positive territory on Monday, with gains h... Accidental Renaissance. That's a real human being right there. He looks at that hair everyday and says 'Yup! That's my style!'
Source: Reuters - 🏆 2. / 97 Read more »

Tradeweb shares jump in latest test for crowded IPO market on Wall Street this yearThis is not a normal year for IPOs. There is a tremendous amount at stake for Wall Street, for the slate of tech unicorns that are seeking to go public (including Pinterest, Uber, Airbnb, WeWork, and Palantir), and for the investing public.
Source: CNBC - 🏆 12. / 72 Read more »