Levi Strauss considers selling Dockers brand due to disappointing quarterly results and stock price drop.
Levi Strauss & Co. is evaluating strategic options for its Dockers brand, including a potential sale, following disappointing quarterly results that led to a 10% drop in its stock price. The company has also revised its revenue forecasts downward after a third-quarter earnings miss. This review reflects the challenges facing the Dockers business amid changing market conditions.
October 02, 2024
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