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HomeLifestyle NewsLevi Sees Full-Year Revenue at Low End of Its Guidance Range

Levi Sees Full-Year Revenue at Low End of Its Guidance Range

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Denim maker Levi Strauss & Co. narrowed its full-year revenue outlook to the bottom end of its previous range, fuelling concern that demand for the company’s apparel is stagnating.

Net revenue is expected grow about 1 percent in the company’s current fiscal year, compared with a previous range of 1 percent to 3 percent. Sales in the company’s fiscal third quarter, which ended Aug. 25, fell just short of the average analyst estimate, and Levi’s Americas division posted a revenue…

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