JOURNAL ARTICLE

Levi Raises Full-Year Outlook Despite Rising Tariff Impact.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Meier, Lily 3 of 3

Abstract

The article discusses Levi Strauss & Co.'s updated financial outlook, highlighting a raised revenue forecast despite challenges posed by tariffs. The company reported a 7.9% drop in shares following the announcement, although its stock has risen 42% this year. Chief Financial Officer Harmit Singh noted that tariffs are beginning to impact the business, with expectations of a 30% tariff in China and a revised 20% for other regions. Despite these challenges, Levi's gross margin improved due to higher prices and increased sales through profitable channels, with third-quarter revenue reaching $1.5 billion. The company anticipates adjusted earnings per share between $1.27 and $1.32 for the year. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:188553402
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