{"id":10089,"date":"2021-10-08T15:18:00","date_gmt":"2021-10-08T12:18:00","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=10089"},"modified":"2023-06-22T17:45:46","modified_gmt":"2023-06-22T14:45:46","slug":"levi-strauss-shares-rose-after-a-strong-quarterly-report","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/10\/08\/levi-strauss-shares-rose-after-a-strong-quarterly-report\/","title":{"rendered":"Levi Strauss Shares Rose After A Strong Quarterly Report"},"content":{"rendered":"\n

Those who noticed that in October we haven’t written about quarterly reports yet get an A+ and, of course, interesting details of a financial statement from Levi Strauss for June-August 2021. In addition to that, you’ll get tech analysis<\/a> of the American clothes manufacturer from Maksim Artyomov. So many interesting things here, we’re definitely spoiling you!<\/p>\n\n\n\n

<\/span><\/a>A quarterly report from Levi Strauss: the revenue skyrocketed by more than seven times<\/span><\/h2>\n\n\n\n

After the end of the trading session on Wednesday, October 6th, Levi Strauss, a popular clothing and footwear manufacturer, published its financial statement for the third quarter. We’ll tell you at the very beginning that the statistics were way better than expected.<\/p>\n\n\n\n

The company explained an enormous upwards lead of the revenue received this summer with such factors as the audience’s positive response to a new collection of jeans, stable goods supplies, high demand caused by a pre-school season.<\/p>\n\n\n\n

The COVID-19 pandemic-related manufacturing problems, which are currently “flooding” Vietnam, had no influence on the Levi Strauss business. The same can't be said for Nike, shares of which dropped over 6% in late September<\/a> due to the difficulties with Vietnamese supplies.<\/p>\n\n\n\n

In this country, the company established by Levi Strauss manufactures only 4% of the total volume of its goods. Actually, we should mention the company’s approach to cloth purchase and production job: to reduce risks of manufacturing and supply disruptions, Levi Strauss cooperates with factories from 24 countries.<\/p>\n\n\n\n

<\/span><\/a>Important data from the report<\/span><\/h3>\n\n\n\n