Levi Strauss & Co reported a 5% increase in sales for its Levi’s brand, but overall revenue was flat due to declining Dockers sales, prompting consideration of a sale. Earnings per share were 33 cents, beating expectations, while revenue fell short at $1.52 billion. Levi’s plans to focus on direct sales strategy and profitability, including a partnership with Beyoncé, as it navigates challenges in global markets like China and the Americas.
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Should You Forget Constellation Brands? Why These Unstoppable Stocks Are Better Buys
Constellation Brands (NYSE: STZ) is a major producer of over 100 brands of beers, spirits, and wines, recognized as a reliable consumer staples stock with a history of raising dividends annually for the past 10 years. However, its stock has declined nearly 30% over the past year due to three significant challenges. Despite these setbacks, the company remains a key player in the alcoholic beverage industry. Full Article
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