Levi Strauss Earnings: 3 Big Takeaways
Investors had low expectations heading into the second-quarter update from Levi Strauss (NYSE: LEVI). The apparel specialist is facing a potential growth hangover ahead and could struggle to pass along higher prices, especially if demand slows down in the second half of 2022. Wall Street is also worried that Levi might be stuck with way too much inventory later in the year and will be forced to take write-down charges against its earnings.
Levi's recent quarterly update eased a few of those concerns but still left many investors unsure about the short-term risks ahead.
Let's take a closer look at three big takeaways from the latest report.
Source Fool.com
