from24/7 Wall St.
1 week agoOne Apparel Legend Posted 8 Straight Beats While Its Rival Lost 74% in Five Years
Levi Strauss ( NYSE: LEVI) and VF Corporation ( NYSE: VFC) just wrapped their latest quarters, showing two apparel giants moving in opposite directions. Levi delivered Q3 revenue of $1.54 billion with 7% growth and a 61.7% gross margin. VF posted Q2 revenue of $2.80 billion with 1.6% growth and a 52.2% gross margin. One is executing cleanly. The other is drowning in debt.
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