Levi Strauss forecasts annual profit below estimates as tariffs bite

Levi Strauss has announced that its annual profit forecast is falling short of expectations, primarily due to the impact of tariffs on its operations. This news is significant as it highlights the ongoing challenges that companies face in the current economic climate, particularly those in the apparel industry. Investors and consumers alike will be watching closely to see how the company adapts to these pressures and what it means for their future performance.