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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 BeyoncĂ©, as it navigates challenges in global markets like China and the Americas.
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