Levi Strauss Reports Mixed Q3 Results, Considers Sale of Dockers Brand
Levi Strauss & Co. reports mixed quarterly results, with a 5% sales increase for its Levi’s brand but overall revenue falling short of expectations. The company considers selling its struggling Dockers brand, which has seen a 15% drop in sales. Despite challenges, Levi’s reaffirms its earnings guidance and focuses on enhancing direct-to-consumer sales.