JUMP REPORT
| Avg Daily Volume: 1,388,860 Market Cap: 3.8B Sector: None Short Interest: 10.24 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .35/share REV: 1,170/M
___________________________________________________________
LAST QTR: EPS: .21/share ACTUAL: .26/share (BEAT)
____________________________________________________________
NEXT QTR: EPS: -/06/share REV: 882.10/M
______________________________________________________
FULL YR: EPS: .88/share REV: 5,530/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: 75% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -4.40, -8.98, -12.72
EXPECTED JUMP MOVE: 8-10
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Levi Strauss (LEVI) struck a deal to sell the Dockers apparel line to Authentic Brands Group as the
Earnout deal refines portfolio toward high-margin apparel segments
Clothing brand Levi Strauss & Co. (LEVI) has agreed to sell Dockers to Authentic Brands Group for $311 million. Hewlett Packard Enterprise (HPE) received an upgrade to Outperform by Evercore ISI analysts over the tech developer’s “fairly attractive” risk/reward prospects. MongoDB’s (MDB) stock coverage was cut to hold by the team at Loop Capital, which also significantly reduced its price target. To watch more expert insights and analysis on the latest market action, check out more Wealth here.
Levi Strauss is set to finally part ways with Dockers — inking a deal to sell its brand once credited with propelling the popularity of “Casual Fridays” to Authentic Brands Group. In an announcement Tuesday, the denim giant said it had agreed to sell Dockers to Authentic for up to $391 million. The sale arrives as San Francisco-based Levi Strauss boosts its focus on the chain’s core Levi’s brand — as well as Beyond Yoga, which the company acquired in 2021, as more and more consumers continue to cozy up to athleisure wear.
Levi Strauss & Co. said on Tuesday that it has agreed to sell the Dockers brand to Authentic Brands Group, a firm that specializes in acquiring and licensing brands around the world.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.