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via retaildive.comBusiness & Companies

Levi's Q3 propped up by tariff refunds, weak direct-to-consumer sales

FROM THE WIRE · RETAILDIVE.COM

The denim maker’s direct-to-consumer sales were unexpectedly weak, and profits and margins were propped up by the trade reimbursements.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLevi's margins were supported by trade reimbursements rather than underlying operational performance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Direct-to-consumer sales were unexpectedly weak in Q3.
  2. 02Profits and margins were propped up by tariff reimbursements.
  3. 03Underlying operational performance remains under pressure.

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