Levi Strauss Faces Market Backlash with Bleak 2025 Outlook

In a surprising turn of events, Levi Strauss and Co. witnessed a sharp decline in its stock value, plummeting over 8% in premarket trading this Thursday. The downturn comes in the wake of the company's less-than-optimistic financial forecast for the fiscal year 2025.

Financial Forecast Disappoints

The iconic denim brand anticipates a 1% to 2% dip in net revenues for 2025, alongside an earnings per share (EPS) projection of $1.20 to $1.25. This forecast starkly contrasts with analysts' expectations, who had pegged the EPS at a more robust $1.37.

A Silver Lining in Q4 Results

Despite the grim outlook for 2025, Levi Strauss did manage to surpass expectations in its fourth-quarter financial performance. The company reported a 12% surge in net revenue, reaching an impressive $1.8 billion.

Market Reaction

Following the announcement, Levi Strauss' stock took a nosedive, dropping 8.29% to $16.59 per share at 5:35 am ET.