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Levi Strauss fell short of market expectations for second-quarter revenue on Wednesday and maintained its annual forecast for profit and revenue, on choppy demand for its denim clothing in the United States.
Shares of the company, which have risen 39 percent so far this year, were down 11 percent in extended trading.
The company continues to expect fiscal 2024 revenue growth of 1 percent to 3 percent, while analysts on average expected growth…
