Q2 2023 Earnings Report for Levi Strauss (LEVI)

Levi Strauss, a prominent apparel retailer, delivered disappointing news on Thursday as it significantly reduced its profit forecast for the year due to a sharp decline in wholesale revenues and weak sales in the U.S., its largest market. Despite this setback, the company experienced positive performance in its direct-to-consumer sales and the Chinese market. Consequently, …

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Q3 2023 Earnings Report for Walgreens (WBA)

Walgreens Boots Alliance, a leading retail pharmacy chain, has lowered its full-year earnings guidance for the fiscal third quarter due to decreased consumer spending and a decline in demand for Covid vaccines and testing. As a result, the company’s earnings per share have been adjusted to a range of $4.00 to $4.05, down from the …

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