Levi stock extends gains on Q1 earnings beat, 2024 guidance

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Levi Strauss & Co.,Revenue Figures,Apparel Company

Levi Strauss & Co. (LEVI) continues to climb higher in pre-market trading after reporting positive first-quarter earnings results on Wednesday, revealing in-...

, revealing in-line revenue figures of $1.56 billion and gains of $0.26 per share. The apparel company also raised its full-year guidance for 2024.Retail stocks such as Lululemon and Canada Goose trade significantly below all-time highs, making them attractive to contrarian investors. The post Lululemon Stock vs. Canada Goose: Which Retailer Is a Better Buy? appeared first on The Motley Fool Canada.

BlackBerry Ltd. says it uncovered another US$55 million in cost savings in its latest quarter, when it reported a US$56 million loss. But chief financial officer Steve Rai says, "there's still more opportunities to be more efficient." On a Wednesday call to discuss the Waterloo, Ont.

Intel on Tuesday disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing. Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. Intel shares were down 4.3% after the documents were filed with the U.S. Securities and Exchange Commission .

 

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