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July 19, 2021

Levi Strauss & Co

Levi’s and American Eagle among stocks set to benefit from enhanced child tax credit, Cramer says

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CNBC – For more and to sign up click here The enhanced child tax credit going into effect in the coming days will have big implications for the stock market, CNBC’s Jim Cramer said Tuesday. As families across the country prepare their children to return to school this fall, grocery......

Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more

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CNBC – For more and to sign up click here A sign in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell Thursday:  Levi Strauss — Shares of Levi......

Levi earnings crush estimates, retailer raises 2021 forecast, citing strong denim sales

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CNBC – For more and to sign up click here Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss & Co. said Thursday that shoppers are stocking up on jeans in new sizes and styles in the U.S. and China as they emerge from their homes......

Target unveils sustainability goals, pledging to keep its products out of landfills, create net-zero emissions by 2040

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CNBC – For more and to sign up click here Target is known for its exclusive merchandise, with private label brands for everything from arts and craft supplies to apparel. Now, the retailer is pledging to make all those products more environmentally sustainable. It said Tuesday it will design items......

National Retail Federation boosts its annual forecast, expects ‘fastest growth that we’ve seen in this country since 1984’

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CNBC – For more and to sign up click here Shoppers wear protective masks inside the Glendale Galleria shopping mall in Glendale, California, on Thursday, May 6, 2021. Bing Guan | Bloomberg | Getty Images One of the country’s largest retail trade groups, the National Retail Federation, boosted the industry’s......

Walmart and Gap are coming together to create an exclusive home decor brand

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CNBC – For more and to sign up click here Gap and Walmart are launching an exclusive home decor brand, Gap Home. It will launch on the big-box retailer’s website and eventually be sold at stores. Walmart Walmart has inked a multiyear deal with Gap to create a home goods......

Walmart acquires virtual fitting room company Zeekit, as it makes push into fashion

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CNBC – For more and to sign up click here Walmart said Thursday that it will acquire virtual fitting room start-up Zeekit, as it makes a push into fashion and caters to customers shopping for clothes online. Financial terms of the deal were not disclosed. The retailer declined an interview,......

The post-pandemic spending spree has begun. Here are 6 things Americans are buying

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CNBC – For more and to sign up click here Shoppers wearing protective masks carry bags on Market Street in San Francisco, California, on Wednesday, April 14, 2021. David Paul Morris | Bloomberg | Getty Images Shoppers are emerging from their cocoons and aspiring to switch it up from sweatpants,......

Two under-the-radar retail stocks will ride resurgent consumer spending, according to traders

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CNBC – For more and to sign up click here Ongoing stimulus, the vaccine rollout and a reopening economy have consumers in a spending mood. Retail sales in March soared nearly 10%, the second best increase on record. Retail heavyweights like Amazon and Walmart aren’t the only ones that could......

Crumpled clothes and bare shelves: As retailers like Walmart, Macy’s woo customers back, some have to clean up shop

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CNBC – For more and to sign up click here A man shops for clothes in Macy’s department store in Herald Square, New York. Trevor Collens | AFP | Getty Images Crumpled piles of clothes. Unpacked boxes of inventory. Half-empty shelves. And employees rushing through aisles to grab items for......

Four ways consumer spending will change once more people are vaccinated

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CNBC – For more and to sign up click here Shoppers wearing protective masks exit from a Hennes & Mauritz (H&M) store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine,......

Stocks making the biggest moves in the premarket: Levi Strauss, WD-40, fuboTV & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 34 cents per share for its latest quarter, 9 cents a share above consensus. Revenue also came in......

Levi Strauss wants to capitalize on commercial vacancies as it expands footprint, CEO says

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CNBC – For more and to sign up click here Levi Strauss CEO Chip Bergh said Thursday the jeans maker is shopping for more space as commercial rental vacancies are up. The San Francisco-based company wants to add to its 40 stores and 200 outlet locations in the U.S. in......

Stocks making the biggest moves after the bell: Levi Strauss, FuboTV, WD-40 & more

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CNBC – For more and to sign up click here The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making......

Skinny jeans are out and wide-leg denim is in vogue. The world is in a new denim cycle, Levi’s CEO says

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CNBC – For more and to sign up click here Bye-bye skinny jeans, hello “mom jeans.” The world might finally be entering into the early stages of a new denim cycle. One where tight-fitting pants are suddenly out of style, and instead shoppers young and old are flocking to loose-hanging,......

Levi’s shares rise as denim retailer boosts outlook for first half of 2021

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CNBC – For more and to sign up click here An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Levi Strauss & Co. on Thursday reported......

Cramer’s week ahead: A ‘bad news is good news’ kind of market

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said Thursday he won’t be surprised if the March jobs report is soft. “Yesterday, I suggested that the counter-trend rally in tech could continue for a few more days before it ebbs,” the “Mad Money” host said.......

Walmart taps designer, Project Runway judge Brandon Maxwell to elevate its fashion labels

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CNBC – For more and to sign up click here Walmart has hired Brandon Maxwell as creative director of its elevated fashion brands. Walmart Walmart wants to make a name for itself in fashion. It has tapped Brandon Maxwell, a designer who dresses celebrities from Lady Gaga to Michelle Obama,......

Stocks making the biggest moves premarket: GE, Eli Lilly, Campbell Soup and others

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: General Electric (GE) – GE struck a deal to combine its aircraft leasing unit, GE Capital Aviation Services, with Ireland’s AerCap (AER). It had been reported earlier this week that the......

Stocks making the biggest moves after the bell: Toll Brothers, AeroVironment, Levi Strauss & more

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CNBC – For more and to sign up click here Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Toll Brothers – The home construction company’s shares......

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