Levi's set for solid third quarter on healthy denim demand, Jefferies says

Impact · against what's priced in

The Jefferies note is not a catalyst for LEVI as it reinforces current operational run rates and growth figures that the market already pays for. The predicted beat-and-raise scenarios for Q3 and Q4 are modest and do not approach the 11% CAGR acceleration the current price expressly declines.

LEVI+0.00

Already priced in

The price assumes

The current 6% organic revenue growth

Jefferies forecasting organic growth of 5% to 6% aligns with the 6% growth rate the price already pays for as today's run rate.

What LEVI's price assumes · Sep 5

• inflation▲2%
• guidance
• earnings
• retail
• china
• LEVI
• consumer
• margins
• tariffs