Levi Strauss shares jump 7% on raised outlook; analysts increase price targets

Levi Strauss & Co. shares surged more than 7% in premarket trading on Friday after the company raised its full-year revenue and profit forecast, driven by strong second-quarter results and robust demand across its stores and digital channels. The upbeat outlook marks a vote of confidence in Levi’s ongoing transformation into a direct-to-consumer (DTC)-led lifestyle […]