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Levi Strauss, FireEye and more



An employee holds a shopping bag while calling a customer in the flagship store Levi Strauss & Co. in San Francisco, March 18, 2019.

David Paul Morris | Bloomberg | Getty Images

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Shares in Levi Strauss rose briefly by 2% and then fell slightly above the closing price after the company reported a 4% decline in profits for third quarter. The denim retailer pointed to demanding sales in its wholesale business in America.

"American wholesale trade was challenged … especially the old department stores and chain stores, where (the) much-talked-about traffic decline has negatively affected our business," CEO Chip Bergh said in an interview with Reuters.

Despite the company's better-than-expected revenues for the quarter, its slick profits came in at $ 0.45 billion in revenue and $ 1

.45 billion in revenue. Wall Street had projected earnings of 28 cents per share on revenue of $ 1.44 billion, according to Consensus Consensus Estimates.

Shares of FireEye jumped more than 4% after the company provided strong revenue guidance in its preliminary third-quarter earnings. Management of the cybersecurity company estimated revenues to be above the high end of their previous $ 217 million to $ 221 million guidance range in an SEC filing. Invoices are expected to be within the company's prior guidance of between $ 245 million and $ 255 million.

United States Steel Corporation shares dipped nearly 2% clockwise following an announcement that their CFO Kevin Bradley will resign, although he will remain with the company as Executive Vice President and "Special Advisor" to CEO David Burritt through the end of the year . Senior Vice President and Chief Supply Chain Officer Christine Breves will take the helm as CFO on November 4, the company said in a press release.


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