Reported 9 days ago
Levi's executives expressed uncertainty regarding the effects of Trump's tariffs on their earnings during an April 2025 earnings call, stating they are currently developing strategies to address the situation. Despite the unclear outlook, the company's annual profit estimates remain unchanged, and shares rose over 8% following a quarterly earnings beat. However, concerns linger about the sustainability of this rally in light of increasing tariffs from the U.S. and retaliatory measures from countries like China and Vietnam.
Source: YAHOO