Discover Airlines launched its inaugural flight from Frankfurt to Kittilä, Finland, offering twice-weekly direct flights to Levi, a major winter sports destination. This expansion, responding to increased demand for Nordic travel, includes extending year-round service to Evenes and Reykjavik. The airline’s strategic partnerships ensure easy connections for European travelers.
Analyst Dana Telsey from Telsey Advisory Group maintains a positive outlook on Levi Strauss & Co. (LEVI), citing a stabilizing denim market, streamlined operations, and strong DTC performance. While the company experienced some challenges in the third quarter, Telsey believes its focus on core areas and cost-saving initiatives will drive future growth.
Levi Strauss & Co. (LEVI) stock tumbled on Thursday after the company reported weaker-than-expected third-quarter revenue. The decline was attributed to the exit of the Denizen business and the company’s consideration of selling its Dockers brand. Despite the negative news, some analysts remain optimistic about the company’s long-term prospects.
Levi Strauss & Co.’s (LEVI) stock took a hit after the company reported mixed third-quarter earnings. While earnings per share beat analyst expectations, revenue fell short. The company’s direct-to-consumer business continued to show strong growth, but wholesale revenue declined. Despite the mixed results, Levi Strauss remains optimistic about its future performance.
