3 Reasons Levi Strauss Is Worth a Look
Shares of Levi Strauss (NYSE: LEVI) are down 36% year to date, significantly trailing the broader market, but all it would take is a few good quarters to reverse the sentiment around the stock price. And there are signs that the company will emerge from this coronavirus economic crisis as a more profitable business.
Earlier this month, Levi Strauss reported accelerating e-commerce growth last quarter, which is starting to turn profitable. Other than digital sales, management highlighted a few other areas where the company is investing to get more efficient and improve its margins. Here are three reasons why the stock is worth a closer look.
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Source Fool.com
