US Stocks Movement: Levi's drops 5.4% in after-hours trading as full-year earnings outlook disappoints the market

Glonghui July 9th｜A certain exchange saw its night trading session fall by 5.4%, closing at $23.05. In terms of news, the exchange announced its second quarter results, with adjusted earnings per share of $0.28, higher than the market consensus of $0.24; revenue increased 8% year-on-year to $1.56 billion, exceeding the market consensus of $1.52 billion. Looking ahead, the company raised its forecast for adjusted earnings per share for fiscal year 2026 to the range of $1.46 to $1.52, with the midpoint still below the market consensus of $1.51.