- Advertisement -
Levi Strauss beat Wall Street estimates for fourth-quarter sales and profit on Wednesday, buoyed by strong demand for its denim jeans despite pressure from higher US import tariffs and dampened consumer spending in the country.
Shares of the company, which forecast annual profit below estimates, were down about 2 percent in extended trading.
The denim maker has benefited from strong demand for baggy, loose-fit apparel — particularly among Gen Z and younger millennial shoppers — while…
