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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.