A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019.
Jeenah Moon | Bloomberg | Getty Images
Check out the companies making headlines in midday trading.
Levi Strauss – Shares of the retailer jumped 2.6% after the company beat top- and bottom-line estimates during the first quarter. Levi’s earned 34 cents per share on an adjusted basis, while reporting $1.31 billion in revenue. Analysts surveyed by Refinitiv were expecting the company to earn 25 cents on $1.25 billion in revenue. The results were boosted by strength in Levi’s digital sales, which jumped 41%.