Levi Strauss Swings to Quarterly Loss, Lifts Full-Year Guidance
Wall Street Journal
The jeans maker posted a quarterly loss following a restructuring charge and raised its outlook for the year as it refocuses its business model toward its direct-to-consumer channel to offset declining wholesale sales.
https://www.wsj.com/articles/levi-strauss-swings-to-quarterly-loss-lifts-full-year-guidance-21ca4dfb