Levi Strauss raises full-year guidance
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Levi Strauss has a simple strategy to deal with U.S. tariffs: stop offering less-popular styles during the holiday shopping season so they can avoid having to offer discounts to move inventory.
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The jeans maker posted strong results for the first half of the year and [boosted its annual outlook](
Levi’s increased its full-year earnings projections despite higher tariff rates, sending the stock higher in after-hours trading.
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Levi Strauss raised its annual revenue and profit forecasts after beating quarterly estimates on Thursday, betting on strong demand for its denims in regions such as Europe in the face of tariff uncertainty.
The packaged-foods giant is preparing to break itself up, according to a report in The Wall Street Journal. Shares turned higher on the news, rising 2.5% on the da
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