2 Top Stocks You Can Buy on Sale
Levi Strauss & Co.'s (NYSE: LEVI) share price is off roughly 40% since February when it was trading around $20. Based on generally accepted accounting principles (GAAP), revenue for the company fell by 62% year over year to $498 million while it lost $364 million for the quarter compared to a $29 million profit during last year's Q2. The uncertainty created by the pandemic caused the company to suspend its third-quarter dividend, and it will assess conditions to see if it will resume the payout in the fourth quarter.
