Levi Strauss Raises Its Dividend and Targets a Full Rebound

Levi Strauss Raises Its Dividend and Targets a Full Rebound
Demitri Kalogeropoulos, The Motley Fool
·3 min read
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Investors had some high expectations heading into Levi Strauss' (NYSE: LEVI) first-quarter earnings report. Levi Strauss also raised its short-term outlook while warning that COVID-19 will impact the wider fiscal year's results. Sales fell 13%, less than expected, and profitability improved thanks to robust pricing and promotions trends.