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Benzinga

Business

Avi Kapoor

Why Levi Strauss Shares Are Trading Higher By 8%; Here Are 20 Stocks Moving Premarket

Levi Levi Strauss Levi Strauss Co

Levi Strauss & Co

Shares of Levi Strauss & Co. (NYSE:LEVI) rose sharply in today's pre-market trading as the company reported stronger-than-expected second-quarter financial results and raised its full-year guidance.

The company reported second-quarter revenue of $1.45 billion, beating analyst estimates of $1.37 billion. The company reported second-quarter adjusted earnings of $0.22 per share, beating estimates of $0.13 per share, according to Benzinga Pro.

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