Stocks Analysis by MarketBeat.com (Jea Yu) covering: Gap Inc, Kohl’s Corp, Gildan Activewear Inc., Lululemon Athletica Inc. Read MarketBeat.com (Jea Yu)'s latest article on Investing.com
Levi Strauss stock suffered on soft full-year 2025 guidance but is already addressing the weak areas. It launched its largest global advertising campaign in recent history,"Reimagined."
disappointed investors after lowering their guidance on their fiscal third-quarter of 2024 earnings report. While shares initially sold off 8% on the warning from the declining headline metrics, there were many positives in the report that were overshadowed by the initial sell-off reaction. The Americas suffered a 1% sales decline primarily due to exiting the Denizen business. Backing that transaction out would have resulted in a 2% YoY revenue climb. Europe was a bright spot as net revenues climbed 6% on a reported basis and 7% in constant currency. It had positive growth in both the DTC and wholesale channels.Levi Strauss generated a record gross margin of 60% for the first time. This was driven by the growth in the direct-to-consumer channel, which rose 12% YoY in the U.S.
LEVI stock formed its B peak at $19.54, pulling back to C point at $18.43 before surging to the highest high at $21.95. The market structure high triggered the breakdown under $20.97, which also happens to be the upper price gap fill level. The lower price gap fill resistance is at $19.88. The daily relative strength index peaked above the 70-band heading into the earnings report and fell to the 44-band in the aftermath reaction.
Kohl’S Corp Gildan Activewear Inc. Lululemon Athletica Inc
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