1126 ET - Levi Strauss' latest results checked all the boxes Barclays analysts were looking for, including continued acceleration in wholesale and a significant gross expansion. But the fate of its stock will be dictated by tariffs and how the apparel retailer responds to it through pricing, the analysts say. "Given the breadth of incremental tariffs across most points of origins, the exact exposure doesn't mean much -- prices will need to increase, it's only a question of when, where, and by how much," the analysts say. Either way, Levi is well positioned, the analysts say. Barclays cuts its price target on the stock to $18 a share from $22. Levi shares fall 2.7% to $13.14. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 08, 2025 11:26 ET (15:26 GMT)
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