Levi Strauss estimates a delay in reaching its $10 billion target due to financial pressures on Western consumers.
Raluca Ioana Draghici
Economy
Pixabay
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Even though it reported revenue of $6.2 billion for the fiscal year ended Nov. 26, 2023, Levi Strauss is facing a delay in meeting its financial target. New CEO Michelle Gass said the company will re-evaluate projections and provide investors with a new timetable, given the economic pressures being put on consumers, particularly those in the West.
Sources
Levi Strauss amână obiectivul de 10 miliarde de dolari în venituri pe fondul provocărilor economice globale, dar pariază pe expansiune şi produse pentru femei
Levi Strauss amână obiectivul de 10 miliarde de dolari în venituri pe fondul provocărilor economice globale, dar pariază pe expansiune şi produse pentru femei
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