Levi Strauss (LEVI) Faces Stock Decline Amid Dockers Brand Sale Consideration

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Oct 03, 2024
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Levi Strauss & Co. (LEVI, Financial) recently experienced a 7.45% drop in its stock price, bringing it below the $20 mark. The company is reportedly contemplating the potential sale of its Dockers brand. Additionally, Levi Strauss has forecasted lower-than-expected operating revenue for the fourth quarter.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.