Levi Q1 Earnings Preview: Watching For Sales Growth Beyond Jeans

Justin Purohit2.53K FollowersFollow5ShareSavePlay(6min)CommentsSummaryLevi Strauss & Co. will be reporting its Q1 on April 7.Ahead of the release, shares are trading at the midpoint of their 52-week range and are in positive territory for the year.The stock trades at a forward earnings multiple of about 12x, a reasonable multiple, in my view.I view shares as fairly valued ahead of the print. Marina113/iStock Editorial via Getty Images Jeanswear and apparel company Levi Strauss (LEVI) will be releasing its Q1 print next Tuesday, April 7. Though shares are in the red on a YTD basis, the stock has performed fairly well over the past year. Shares are upThis article was written byJustin Purohit2.53K FollowersFollowProviding timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.