Levi Strauss & Co: Haas Bradley J. sells $24,518 in shares

Published 16/07/2025, 20:18
© Reuters

Haas Bradley J., a ten percent owner of LEVI STRAUSS & CO (NYSE:LEVI), sold 1,150 shares of Class A Common Stock on July 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $21.3201, for a total transaction value of $24,518.

Following the transaction, Haas Bradley J. directly owns zero shares. The filing indicates that the shares sold were held in a trust of which Mr. Haas’ spouse is a co-trustee and beneficiary. Mr. Haas disclaims beneficial ownership of these shares. With a market capitalization of $8.3 billion and strong fundamentals, InvestingPro analysis reveals 14 additional key investment insights about LEVI, available through their comprehensive Pro Research Report, which transforms complex Wall Street data into actionable intelligence.

In other recent news, Levi Strauss & Co. reported impressive second-quarter earnings, significantly surpassing analysts’ expectations. The company achieved earnings per share of 22 cents, which was double the anticipated 11 cents, and experienced a 6.4% year-over-year revenue growth, outperforming the projected 1% increase. Following these results, Levi Strauss raised its fiscal year 2025 guidance, projecting adjusted earnings per share between $1.25 and $1.30, up from previous estimates. The company also increased its full-year revenue forecast to 4.5%-5.5% organic growth year-over-year.

In response to these strong earnings, several investment firms adjusted their price targets for Levi Strauss. TD Cowen increased its price target to $22, while maintaining a Buy rating, citing the company’s strong performance across all regions. Stifel raised its price target to $24, highlighting Levi’s shift towards higher-value products as a key growth driver. JPMorgan also adjusted its price target to $23, maintaining an Overweight rating and noting the company’s improved operating margins. Additionally, Levi Strauss priced €475 million of 4.000% senior notes due 2030, intending to use the proceeds to redeem its 3.375% senior notes due 2027.

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