After stabilizing in the $17.50 area following its latest earnings, iconic garment manufacturer Levi Strauss stock (NYSE: LEVI) slide may be ending. Despite Omicron and inflationary pressures, the popular and sticky denim brand suffered from various challenges throughout its initial rebound. Due to supply chain bottlenecks, net revenues have been reduced by roughly $60 million. The company continues to increase direct-to-consumer sales by 35% in its company-owned physical stores and e-commerce.
https://businessupside.com/2022/05/11/levi-straus-stock-is-ready-for-the-dip-has-the-potential-to-outperform-market/