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With the Q2 earnings season approaching, Levi Strauss & Co. is scheduled to report fiscal second-quarter results on July 8. Consensus estimates point to earnings per share of $0.24 and revenue of $1.52 billion, according to Benzinga. Several analysts have revised their forecasts ahead of the call amid cautious sentiment.
The report comes as consumer spending faces headwinds from inflation and elevated input costs. While the company has shown resilience in prior quarters, markets are watching for any impact on margins. Investors are also keen on updates regarding the brand strategy and growth initiatives.
LEVI closed at $24.54 on June 26, trading within a range of $23.65–$24.93. The July 8 earnings release is the next major catalyst for the stock, likely determining its near-term direction. Traders will focus on whether revenue beats estimates and any forward guidance for Q3.
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