Levi Strauss raises prices, helping to boost profit and outlook

Levi Strauss reported stronger-than-expected profit growth, with gross margins increasing due to strategic price hikes and a shift to direct sales, avoiding wholesalers. The company raised its full-year outlook, expecting 3% sales growth. Despite a drop in stock, demand remains strong, particularly in women’s clothing and direct-to-consumer sales.

Constellation Brands Reaffirms Lower Outlook Despite Q2 Earnings Beat

Constellation Brands, parent of Modelo and Corona, exceeded fiscal second-quarter earnings expectations but maintained a conservative full-year forecast due to macroeconomic pressures and reduced consumer demand. Despite positive earnings and revenue results, net sales fell 15%. Analysts highlight challenges from tariffs and shifting consumer confidence, particularly among Hispanic consumers.