The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Conn’s Inc (NASDAQ:CONN) On June 26, Conn's received a delinquency notification letter from the Nasdaq. The comp

Economists have broadly welcomed the latest key piece of inflation data, with the Personal Consumption Expenditure (PCE) price index — commonly referred to as the Fed’s favorite measure of inflation — dropping to a 2.6% year-on-year rate in May 2024, its lowest level since March 2021. This decline signals significant progress in the Federal Reserve’s efforts to bring inflation closer to its 2% target, opening the door for interest rate cuts by year-end. Following the release, the futures market currently predicts a 52 basis point reduction in the fed funds rate by December 2024, effectively pricing in two rate cuts, with a 68% probability that the first cut could happen as early as Se

J.P. Morgan analyst Matthew Boss reiterated a Neutral rating on the shares of Levi Strauss & Co (NYSE:LEVI) and lowered the price target from $21 to $20. LEVI reported second-quarter adjusted EPS of $0.16 with 11.2% gross profit dollar growth driving a 150 basis points EBIT margin beat versus consensus, noted the analyst. The management reiterated FY24 adjusted EPS of $1.17 – $1.27 based on revenue growth at the midpoint of the +1-3% range. The quarter’s +11% DTC growth c/c accelerated by 300 basis points sequentially vs. first quarter’s +8% c/c growth, including +12% DTC growth in the U.S. and +7% DTC growth c/c in Europe. Hence, according to the analyst, the global DTC revenue

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge. In regulatory news, U.S. banks successfully passed the Federal Reserve’s 2024 stress tests. The results demonstrated that all analyzed institutions could maintain minimum capital requirements even in the face of a severe economic shock. Notably, regional banks, as tracked by the SPDR S&P Regional Banking ETF (NYSE:KRE), performed relatively better overall compared to their larger counterparts. As of midday trading in New York, major indices showed marginal gains, with small caps outperformi

B of A Securities analyst Christopher Nardone maintains Levi Strauss (NYSE:LEVI) with a Neutral and raises the price target from $19 to $22.

Levi Strauss and Co. (NYSE:LEVI) shares are moving lower Thursday after the company announced mixed quarterly financial results and issued soft 2024 fiscal-year EPS guidance. What Happened: On Wednesday after the market closed, Levi announced 2024 fiscal-year second quarter financial earnings. The company reported adjusted EPS of 16 cents, beating analyst estimates of 11 cents and sales of $1.44 billion missing analyst estimates of $1.45 billion. “We are pleased to have delivered earnings that significantly exceeded expectations for a second consecutive quarter. The structural economics of our business continue to strengthen driven by record gross margins resulting in improved profitab

JP Morgan analyst Matthew Boss maintains Levi Strauss (NYSE:LEVI) with a Neutral and lowers the price target from $21 to $20.

U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Levi Strauss & Co. (NYSE:LEVI) fell sharply in today’s pre-market trading after the company reported mixed second-quarter financial results and issued FY24 EPS guidance with its midpoint below estimates. Levi Strauss reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 11 cents by 45.45%. Quarterly sales came in at $1.44 billion, missing the analyst consensus estimate of $1.45 billion. Levi Strauss shares dipped 16.1% to $19.40 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session.

Telsey Advisory Group analyst Dana Telsey maintains Levi Strauss (NYSE:LEVI) with a Outperform and maintains $26 price target.

Reported Net Revenues Flat, Up 2% Constant Currency, Levi's® Brand Up 5% Gross Margin Rose 440 BPS Year Over Year to 60.0% Diluted EPS of $0.05, Adjusted Diluted EPS of $0.33, Up 18% Year Over Year Company Updates FY Net Revenue and Reaffirms Adj Diluted EPS Guidance Range of $1.17 to $1.27 Company Announces Strategic Review of the Dockers® Brand Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the third quarter ended August 25, 2024. "The underlying fundamentals of our business are getting stronger, driven by the Levi's® brand, which grew 5% globally in Q3, a significant acceleration from H1 and the highest revenue growth in two years. We are making progress against o

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the third quarter ended August 25, 2024. The call will be held on Wednesday, October 2, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the ev

Reported Revenue Growth of 8%, Up 9% Constant Currency, In-line With Company Expectations Record Gross Margin of 60.5%, Up 180 BPS Over Prior Year Global DTC Revenue Up 8%, 11% in CC, Including 12% Growth in the U.S. Diluted EPS of $0.04, Adjusted Diluted EPS of $0.16 Exceeding Expectations Company Reaffirms 1-3% FY Revenue Growth, Adjusted Diluted EPS of $1.17-$1.27 and Raises Quarterly Dividend Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the second quarter ended May 26, 2024. "We delivered another strong quarter driven by the Levi's® brand's prominence at the center of culture, a robust pipeline of newness and innovation, and continued momentum in our global d

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the second quarter ended May 26, 2024. The call will be held on Wednesday, June 26, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the even

Q1 Earnings Results Above Expectations Gross Margin of 58.2% Up 240 BPS Over Prior Year Driven by Lower Product Costs & Favorable Mix Shift Global DTC Up 7% Including 10% Growth in the U.S. Diluted Loss Per Share of $(0.03) Due to Restructuring Charges, Adjusted Diluted EPS of $0.26 Company Affirms 1-3% FY Revenue Growth & Raises EPS Range to $1.17-$1.27 Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the first quarter ended February 25, 2024. "We started the year strong delivering results above expectations, underscoring the power of the Levi's brand and the progress we are making on our strategic priorities. Both newness and strength in our core offerings are fuel

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the first quarter ended February 25, 2024. The call will be held on Wednesday, April 3, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the

Q4 Net Revenues Up 3% Reflecting Growth in the U.S. and Global DTC Up 11% Gross Margin of 57.8% Up 200 Basis Points Over Prior Year Driven by Lower Product Costs Q4 Diluted EPS of $0.32 and Adj Diluted EPS of $0.44 Up 29% to Prior Year Inventory Down 17% on a Comparable Basis, Strong Cash Flow Expected to Continue Announces Details on Global Productivity Initiative Provides Fiscal Year 2024 Guidance Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the fourth quarter and fiscal year ended November 26, 2023. "I am proud of what we have accomplished over the past twelve years. By putting the Levi's brand at the center of culture, we revitalized this iconic brand and tra

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the fourth quarter ended November 26, 2023. The call will be held on Thursday, January 25, 2024 at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Chip Bergh, president and chief executive officer, Michelle Gass, president, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approxima

Q3 Net Revenues in Line With Prior Year, With 14% Growth in Global DTC Gross Margin of 55.6% Exceeded Q3 Outlook Continued Sequential Improvement in Inventory; Up 1% to Prior Year on a Comparable Basis Diluted EPS of $0.02 and Adj. Diluted EPS of $0.28 Company Expects FY Adj. Diluted EPS at Low End of Previously Guided $1.10-$1.20 Range Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the third quarter ended August 27, 2023. "In the third quarter, we delivered double-digit growth in our direct-to-consumer business, driven by strong comp-store gains, which helped offset continued softness in the wholesale channel, primarily in the U.S.," said Chip Bergh, presi

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the third quarter ended August 27, 2023. The call will be held on Thursday, October 5, 2023 at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Chip Bergh, president and chief executive officer, Michelle Gass, president, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately

International leader with proven commercial experience in the apparel and consumer goods industries will drive the company's operations in Latin America. Levi Strauss & Co. (NYSE:LEVI) today announced the appointment of Dario Aguilar as the company's managing director for Latin America, effective December 2. Reporting to EVP and Chief Commercial Officer Gianluca Flore, Aguilar will be responsible for overseeing the company's commercial operations in the region across channels and driving long-term, sustainable growth as a brand-led, DTC-first apparel leader. "I am pleased to welcome Dario to our commercial team as we continue to rewire the company to operate as a world-class retailer and

Levi Strauss & Co. (LS&Co.) (NYSE:LEVI) announced today that its board of directors has elected Daniel Geballe to serve as a member of the board, effective April 26, 2025, which is when current member David Friedman is set to retire from the board upon reaching the mandatory retirement age. Geballe currently serves as a managing director at SJF Ventures, where he leads investments in early-stage companies creating positive social and environmental impacts. "It's been a privilege working alongside Dan on the Levi Strauss Foundation board, and I'm honored to welcome him to the LS&Co. board of directors," said Michelle Gass, CEO and president of LS&Co. "Dan brings extensive experience from hi

Veteran commercial leader brings depth of retail experience to support direct-to-consumer transformation and accelerate international growth. Levi Strauss & Co. ((LS&, Co., NYSE:LEVI) today announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective July 29. Reporting to Michelle Gass, president and chief executive officer, Flore will join the company's executive leadership team and will be responsible for the commercial operations of the Levi's® brand across all global channels, including stores, e-commerce and wholesale. "I am delighted to welcome Gianluca to LS&Co. at this transformational moment for the company, as we pivot to beco

Co-Founder and CEO Michelle Wahler to Depart; Nancy Green, Retail Industry Veteran, Named CEO Effective February 1, 2024 Beyond Yoga®, a premium athletic and lifestyle apparel brand owned by Levi Strauss & Co. ((LS&, Co., NYSE:LEVI), announced today that co-founder Michelle Wahler will step down as CEO. Nancy Green, former CEO and president of Athleta, will assume the role of CEO of Beyond Yoga® to scale the brand's continued growth and expansion within LS&Co.'s brand portfolio. Green will join Beyond Yoga® on February 1, 2024. "We set out to develop a brand that honors real women's bodies, and I am incredibly proud of what we've accomplished with Beyond Yoga®," said co-founder and CEO

Levi Strauss & Co. (LS&Co.) (NYSE:LEVI) announced today that its board of directors has appointed David Marberger as a member of the board and to serve on the board's Audit Committee, effective immediately. With more than 30 years of finance and leadership experience, Marberger currently serves as the executive vice president and chief financial officer for Conagra Brands, Inc. (NYSE:CAG). "With a distinguished career spanning over three decades, David brings a wealth of experience working with prominent global brands, making him an ideal addition to the LS&Co. board," said Bob Eckert, chairman of LS&Co. Board of Directors. "David's expertise will be invaluable as we drive forward the nex

The AZEK Company Inc. (NYSE:AZEK) ("AZEK" or the "Company"), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure™ pergolas, announced today the appointment of Harmit Singh and Pamela Edwards to its board of directors, effective September 14, 2023. Harmit Singh has also been appointed to AZEK's Compensation Committee and Pamela Edwards has been appointed to AZEK's Audit Committee. "We are excited to welcome both Harmit and Pam to AZEK's Board of Directors. Harmit and Pam bring deep leadership experience and proven track records driving stron

Proven marketing leader with brand-building expertise brings expanded consumer engagement focus to the Levi's® brand Levi Strauss & Co. (NYSE:LEVI) today announced the appointment of Kenny Mitchell as senior vice president and chief marketing officer of the Levi's® brand, effective June 5. Reporting to Michelle Gass, president, Levi Strauss & Co., Mitchell will be responsible for advancing the Levi's® brand's consumer marketing strategies, focused on building denim leadership equity, cementing its position as a true lifestyle brand and growing market share. "Kenny is widely recognized as an innovative marketing leader and talent builder, with an impressive track record of growing global

Former Nordstrom executive will lead the company's digital transformation to reach previously announced growth targets. Levi Strauss & Co. (NYSE:LEVI) today announced that Jason Gowans has been named senior vice president and chief digital officer for LS&Co., effective February 6. In this new role within the company, Gowans will be focused on bringing together LS&Co.'s engineering, data, AI and digital product management to spearhead digital efforts both for ecommerce and the digital go-to-market. He will report to Michelle Gass, president, LS&Co., and will sit on the executive leadership team (ELT). "Jason is a seasoned leader with a proven track record and expertise in creating digital

Proven Brand Leader Strengthens Executive Team and Advances CEO Succession Planning Levi Strauss & Co. (NYSE:LEVI) today announced leadership changes in its executive team with the appointment of Michelle Gass to the new position of president, LS&Co., reporting to Chip Bergh, president & CEO. Gass will be responsible for leading the Levi's® brand and the company's global digital and commercial operations. With this announcement, the board of directors has put in motion a succession plan for Gass to succeed Bergh as CEO within the next 18 months. Gass will begin her role with the company on January 2 and is expected to join the LS&Co. Board of Directors on her start date. "We are delighted

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (NYSE: LEVI) announced today that its board of directors has appointed Elliott Rodgers as a member of the board, effective immediately. Rodgers currently serves as chief information officer of Ulta Beauty, Inc. (NASDAQ: ULTA) and has more than a decade of experience in the retail industry. “Elliott has deep knowledge of ecommerce, digital transformations and how to drive operational excellence in today’s omnichannel supply chain,” said Stephen C. Neal, chair of the board of Levi Strauss & Co. “His expertise in all of these areas will be invaluable as we focus on direct-to-consumer and continue to look for innovative ways to get o

Telsey Advisory Group reiterated coverage of Levi Strauss with a rating of Outperform and set a new price target of $26.00 from $24.00 previously

OTR Global initiated coverage of Levi Strauss with a rating of Positive

Telsey Advisory Group reiterated coverage of Levi Strauss with a rating of Outperform and set a new price target of $24.00 from $22.00 previously

Telsey Advisory Group reiterated coverage of Levi Strauss with a rating of Outperform and set a new price target of $22.00 from $18.00 previously

Telsey Advisory Group reiterated coverage of Levi Strauss with a rating of Outperform and set a new price target of $18.00 from $16.00 previously

Wells Fargo downgraded Levi Strauss from Overweight to Equal Weight and set a new price target of $18.00

TD Cowen initiated coverage of Levi Strauss with a rating of Outperform and set a new price target of $16.00

JP Morgan downgraded Levi Strauss from Overweight to Neutral and set a new price target of $17.00 from $19.00 previously

BofA Securities downgraded Levi Strauss from Buy to Neutral and set a new price target of $17.00 from $19.00 previously

Citigroup downgraded Levi Strauss from Buy to Neutral and set a new price target of $17.00 from $19.00 previously

International leader with proven commercial experience in the apparel and consumer goods industries will drive the company's operations in Latin America. Levi Strauss & Co. (NYSE:LEVI) today announced the appointment of Dario Aguilar as the company's managing director for Latin America, effective December 2. Reporting to EVP and Chief Commercial Officer Gianluca Flore, Aguilar will be responsible for overseeing the company's commercial operations in the region across channels and driving long-term, sustainable growth as a brand-led, DTC-first apparel leader. "I am pleased to welcome Dario to our commercial team as we continue to rewire the company to operate as a world-class retailer and

Levi Strauss & Co. (LS&Co.) (NYSE:LEVI) announced today that its board of directors has elected Daniel Geballe to serve as a member of the board, effective April 26, 2025, which is when current member David Friedman is set to retire from the board upon reaching the mandatory retirement age. Geballe currently serves as a managing director at SJF Ventures, where he leads investments in early-stage companies creating positive social and environmental impacts. "It's been a privilege working alongside Dan on the Levi Strauss Foundation board, and I'm honored to welcome him to the LS&Co. board of directors," said Michelle Gass, CEO and president of LS&Co. "Dan brings extensive experience from hi

Reported Net Revenues Flat, Up 2% Constant Currency, Levi's® Brand Up 5% Gross Margin Rose 440 BPS Year Over Year to 60.0% Diluted EPS of $0.05, Adjusted Diluted EPS of $0.33, Up 18% Year Over Year Company Updates FY Net Revenue and Reaffirms Adj Diluted EPS Guidance Range of $1.17 to $1.27 Company Announces Strategic Review of the Dockers® Brand Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the third quarter ended August 25, 2024. "The underlying fundamentals of our business are getting stronger, driven by the Levi's® brand, which grew 5% globally in Q3, a significant acceleration from H1 and the highest revenue growth in two years. We are making progress against o

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the third quarter ended August 25, 2024. The call will be held on Wednesday, October 2, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the ev

Reported Revenue Growth of 8%, Up 9% Constant Currency, In-line With Company Expectations Record Gross Margin of 60.5%, Up 180 BPS Over Prior Year Global DTC Revenue Up 8%, 11% in CC, Including 12% Growth in the U.S. Diluted EPS of $0.04, Adjusted Diluted EPS of $0.16 Exceeding Expectations Company Reaffirms 1-3% FY Revenue Growth, Adjusted Diluted EPS of $1.17-$1.27 and Raises Quarterly Dividend Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the second quarter ended May 26, 2024. "We delivered another strong quarter driven by the Levi's® brand's prominence at the center of culture, a robust pipeline of newness and innovation, and continued momentum in our global d

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the second quarter ended May 26, 2024. The call will be held on Wednesday, June 26, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the even

Teaming up with the iconic denim leader, the all-new Lulus Loves: Levi's® features a number of styles including trucker jackets, jeans, cutoff shorts, jumpsuits, and more available at Lulus.com and in-store on Melrose Avenue in Los Angeles. Lulu's Fashion Lounge Holdings, Inc. ("Lulus" or the "Company") (NASDAQ:LVLU), the attainable luxury brand for women, today announced it has entered into an extended partnership with global denim leader Levi Strauss & Co. ((LS&, Co., NYSE:LEVI) to feature a curation of classic styles for Lulus customers to enjoy. Available online at lulus.com and in-store, Lulus Loves: Levi's® includes trucker jackets, jeans, cutoff shorts, jumpsuits, and more. Lulus L

Veteran commercial leader brings depth of retail experience to support direct-to-consumer transformation and accelerate international growth. Levi Strauss & Co. ((LS&, Co., NYSE:LEVI) today announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective July 29. Reporting to Michelle Gass, president and chief executive officer, Flore will join the company's executive leadership team and will be responsible for the commercial operations of the Levi's® brand across all global channels, including stores, e-commerce and wholesale. "I am delighted to welcome Gianluca to LS&Co. at this transformational moment for the company, as we pivot to beco

Q1 Earnings Results Above Expectations Gross Margin of 58.2% Up 240 BPS Over Prior Year Driven by Lower Product Costs & Favorable Mix Shift Global DTC Up 7% Including 10% Growth in the U.S. Diluted Loss Per Share of $(0.03) Due to Restructuring Charges, Adjusted Diluted EPS of $0.26 Company Affirms 1-3% FY Revenue Growth & Raises EPS Range to $1.17-$1.27 Levi Strauss & Co. (NYSE:LEVI) today announced financial results for the first quarter ended February 25, 2024. "We started the year strong delivering results above expectations, underscoring the power of the Levi's brand and the progress we are making on our strategic priorities. Both newness and strength in our core offerings are fuel

Levi Strauss & Co. (NYSE:LEVI) will host a conference call to discuss the company's financial results for the first quarter ended February 25, 2024. The call will be held on Wednesday, April 3, 2024, at 2 p.m. Pacific Time / 5 p.m. Eastern Time, and will be hosted by Michelle Gass, president and chief executive officer, and Harmit Singh, chief financial and growth officer. To access the conference call, please pre-register using this link. Registrants will receive an email confirmation with dial-in details. A live webcast of the event can be accessed using this link. A replay of the webcast will be available on http://investors.levistrauss.com starting approximately two hours after the