1245 ET - UBS thinks Levi Strauss is better positioned than most to deal with tariffs because of its global supply chain network. In a research note, analysts also say the company continues to execute well on factors within its control and just had one of its best quarters over the past few years driven by better-than-anticipated revenue growth and gross margins. Overall, Levi's continuing transformation into a global, lifestyle brand for both men and women should continue to fuel share gains over the long term, the analysts add. UBS raises its FY25 EPS estimate by about 3% and leaves its FY26 and FY27 EPS views unchanged. Levi Strauss falls 5% to $12.82, and is off 25% year-to-date. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 08, 2025 12:45 ET (16:45 GMT)
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