NYSE:LEVI   Levi Strauss & Co
Levi Strauss is gearing up to demonstrate its performance as it approaches its upcoming earnings release scheduled for July 6, 2023. Analysts are anticipating an EPS of $0.03, representing an 89.66% decrease compared to the same quarter of the previous year. Additionally, the Consensus Estimate for revenue suggests net sales of $1.33 billion, reflecting a decline of 9.42% from the year-ago period.
Investors need to take note of any recent changes in analyst estimates for Levi Strauss, as these revisions often reflect the latest short-term business trends. Positive revisions indicate analysts' optimism about the company's business prospects and profitability.
From a valuation perspective, Levi Strauss currently has a Forward P/E ratio of 11.23, which is lower than the industry average Forward P/E ratio of 12.72. This implies that Levi Strauss is trading at a discount compared to its industry peers.
Furthermore, it is worth mentioning that Levi Strauss has a PEG ratio of 3.27. The PEG ratio is a metric that considers both the stock's expected earnings growth rate and the famous P/E ratio. In the Retail - Apparel, and Shoes sector, the average PEG ratio was 1.36 based on the previous day's closing price.

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