Levi Strauss raises full-year profit outlook after tariff refunds
Levi Strauss reported better-than-expected quarterly earnings for its fiscal third quarter ended Aug. 30 and raised its full-year profit outlook, with a sizable portion of the growth tied to refunds on previously paid tariffs.
Levi Strauss posted better-than-expected quarterly earnings Wednesday and raised its full-year profit outlook, though a sizable portion of the earnings growth came from refunds on previously paid tariffs. For its fiscal third quarter ended Aug. 30, the denim maker reported adjusted earnin…