Levi Strauss raises profit forecast on cost saving initiatives, fewer discounts
The Straits Times - Business·2024-04-04 09:00
BENGALURU/NEW YORK - Levi Strauss raised its annual profit forecast on April 3, citing the apparel maker’s recent cost savings from job cuts and less aggressive discounts on its jeans and denim clothing, sending its shares up about 8 per cent in extended trading.
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