The September jobs report was released Friday morning showing 336,000 jobs were added last month, much more than the expected 170,000. It's the largest gain since January. The unemployment rate, however, remained unchanged at 3.8%. Levi Strauss (LEVI) had to cut its annual sales forecast a second time after missing sales estimates, citing a more cautious consumer and warmer weather. Tesla (TSLA) is cutting the price on their Model 3 and Model Y EVs, which will put further pressure on the company's margins. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
showing 336,000 jobs were added last month, much more than the expected 170,000. It's the largest gain since January. The unemployment rate, however, remained unchanged at 3.8%.) had to cut its annual sales forecast a second time after missing sales estimates, citing a more cautious consumer and warmer weather.) is cutting the price on their Model 3 and Model Y EVs, which will put further pressure on the company's margins.
Learn to speak, read, and write Thai and Thai script with our easy and fun online course. Nine years of experience teaching individuals and groups. -- German factory orders rebounded partially in August, a sign that the country’s crucial manufacturing sector may be stabilizing as it suffers from a global economic slowdown and higher interest rates.
-- Toronto home prices fell for a second straight month as more owners brought properties to market.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Levi’s Shares Fall as Sales Weakness Sparks Downbeat Outlook(Bloomberg) -- Levi Strauss & Co. reported quarterly revenue that missed expectations as performance at retailers including department stores dragged down results, leading the company to cut its full-year sales outlook. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future
Read more »
Levi's cuts full-year sales guidance, Q3 revenue misses estimatesLevi Strauss & Co. (LEVI) reported third quarter adjusted earnings of $0.28 per share, slightly better than the $0.27 analysts had expected. Revenue, however, fell short, $1.51 billion compared to the $1.54 billion that was expected. The company also cut its full-year sales guidance, citing weakness in its wholesale channel. Yahoo Finance Live breaks down the apparel company's results. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
Levi Strauss cuts annual forecasts as promotions, wholesale weakness weighExplore stories from Atlantic Canada.
Read more »
Levi Strauss cuts annual forecasts as promotions, wholesale weakness weighGloomy consumer spending has hit retailers like Macy's and Nordstrom as high prices and borrowing rates squeeze budgets, denting demand for its denims bottoms, tops and cargo pants. Levi has struggled with declining sales at its overall wholesale business, particularly in North America, which has a higher exposure to the middle-income consumer. Its margins were also hit by price cuts on certain denim bottoms sold to wholesale retailers like Macy's and Nordstrom in a bid to boost sales among more price-sensitive shoppers.
Read more »
Why CAKE’s September burn had a trivial impact on its pricePancakeSwap published its burn report for the month of September, showcasing its accomplishments in reducing the supply of native token CAKE.
Read more »
Calgary home sales jump 29% in September, condominium sales reach new highsThe unadjusted residential benchmark price rose to $570,300, nearly nine per cent higher than September 2022, as inventory levels in September remained more than 24 per cent lower than levels last year.
Read more »