Levi's is trading -5.21% lower at $23.10 as a sharp post-earnings selloff carries into pre-market trading despite a beat-and-raise quarter.
- The company reported Q2 revenue up 8% and adjusted EPS up 27%, while also raising its full-year revenue and EPS guidance.
- Broader market sentiment remains soft due to renewed U.S.-Iran tensions and higher oil prices, contributing to the downward pressure.