Levi Strauss & Co
NYSE:LEVI

  • LAST PRICE
    24.0100
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    24.0000/ 2
  • Ask / Lots
    24.8100/ 2
  • Open / Previous Close
    0.0000 / 24.0100
  • Day Range
    ---
  • 52 Week Range
    12.4150
    24.2400
  • Volume
    17

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  • May 29, 2024

      Show headlines and story abstract

    • 1:00PM ET on Wednesday May 29, 2024 by Dow Jones
      Companies Mentioned: GPS, TJX, URBN, AEO, ANF, LEVI

      1300 ET - Morgan Stanley sees green shoots for the retailers selling blue jeans. Analyst Alex Straton says in a research note that search interest in denim has hit a 20-year high, indicating strong demand. She says that the duration of the demand cycle is unclear, but some suggest the cycle is in the early stages. Based on search trend data, Straton says that American Eagle, Abercrombie & Fitch, TJX and Urban Outfitters are among the largest beneficiaries from the trend. Gap and Levi Strauss are also likely beneficiaries. Still, some of that boost may already be sewn into the stocks, with denim-exposed companies outperforming the market and retail index so far this year, she says. (ben.glickman@wsj.com; @benglickman)

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