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Stock impact report

Levi Strauss & Co. Completes Sale of Dockers® to Authentic Brands Group

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI), today announced the successful final closing, on February 27, 2026, of its previously disclosed sale of the Dockers® brand to Authentic Brands Group.The completion of this transaction sharpens LS&Co.’s focus on the Levi’s® brand and Beyond Yoga®, simplifying the portfolio and strengthening the company’s structural profitability. The divestiture aligns the company’s assets with its highest-return growth opportunities and reinforces its disciplined capital allocation approach. Given the company’s already strong cash position, LS&Co. is able to return the net cash proceeds to shareholders through existing accelerated share repurchase programs, while maintaining flexibility to invest in long-term growth.AdvisorsBofA Securities, Inc. served as LS&Co.'s financial advisor, and Cleary Gottlieb Steen & Hamilton LLP served as its legal advisor.About Levi Strauss & Co.Levi Strauss & Co. (LS&Co.) is one of the world's l Show less Read more
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