Should Investors Avoid Levi Strauss Stock Next Week?
Levi Strauss (NYSE: LEVI) is about to answer some big questions for investors. The apparel specialist will announce its fiscal second-quarter results in just a few days, and expectations are low heading into that report.
Levi's management team might talk about declining consumer confidence, as well as supply chain and pricing challenges, in this operating update. Investors are also worried that the company will reduce its sales and earnings outlook, or that it will enter the second half of the year with too much inventory.
With those concerns in mind, let's look at what we might see in the earnings announcement set for Thursday, July 7.
Source Fool.com
