Radiocor News

Levi Strauss shares jump as it raises guidance

(Il Sole 24 Ore Radiocor) - Milano, 8 apr - Shares in Levi Strauss jumped in premarket trading after the denim maker posted better-than-expected first quarter results and raised guidance.

The company now expects reported revenue growth this year to be 5.5-6.5%, up from a previous 5-6% forecast while adjusted diluted earnings per share are seen at 1.42-1.48 dollars, up from a previous 1.40-1.46.

At 1321 GMT Levi Strauss shares were up 14.6%.

(RADIOCOR) 08-04-26 15:22:55 (0444) 5 NNNN

 


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