1 Big Catalyst for Levi Strauss Stock [The Motley Fool]
Levi Strauss & Co Class A (LEVI)
Last levi strauss & co class a earnings: 4/7 04:15 pm
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Source: The Motley Fool
Levi Strauss & Co.(NYSE:LEVIE-commerce made up only % of total revenue a few years ago, but it's ramping up. In thefiscal second quarterAt just 9% of total revenue, Levi's e-commerce business is significantly under-penetrated compared to other retailers and represents a big growth catalyst over the next several years. Here's how management is turning Levi Strauss into a digital sales machine.Image source: Getty Images.An accelerating digital transformationLike other retailers during the pandemic, Levi Strauss might have turned a corner with its digital business. E-commerce growth remained strong even as physical stores reopened in the most recent quarter, and management is capitalizing on the momentum. The company recently opened its first owned and operated fulfillment center in Nevada that will handle orders for wholesale, retail, and most importantly, e-commerce.The extra fulfillment capacity should further boost digital growth and margins, which could lead to higher earnings growt
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LEVI
News
- Highwire PR Announces Appointment of Two Independent Board Members [Yahoo! Finance]Yahoo! Finance
- LEVI'S® BOLSTERS ITS RETAIL REACH IN INDIA, UNVEILS ITS LARGEST MALL STORE TO DATE IN NEXUS MALL, KORAMANGALA IN BENGALURUPR Web
- LEVI'S® BOLSTERS ITS RETAIL REACH IN INDIA, UNVEILS ITS LARGEST MALL STORE TO DATE IN NEXUS MALL, KORAMANGALA IN BENGALURU [Yahoo! Finance]Yahoo! Finance
- Levi's Targets Asia Markets with New Stores in Dhaka and Bangkok [Yahoo! Finance]Yahoo! Finance
- BRIXTON appoints Seth Ellison, ex- LEVI'S, and Action Sports Executive, as Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
LEVI
Earnings
- 4/3/24 - Beat
LEVI
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- LEVI's page on the SEC website