Levi Strauss CEO reports triple-digit growth in denim outfit sales, beating earnings expectations.
Levi Strauss CEO Michelle Gass reported that the popularity of "head-to-toe" denim outfits is growing, with denim outfit sales up triple digits in the latest quarter. The company has posted its quarterly report, beating Wall Street's earnings expectations but slightly missing on revenue. Despite supply chain issues faced last year, Gass claims the company has made significant progress in its execution. She also expects the momentum to accelerate in the second half of the year.
June 26, 2024
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