This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.

Levi’s Aims To Grow, In Spite Of Post-IPO Woes

Thinknum Media

Thinknum Media
Visit: Thinknum Media


Finance Editor

Like so many other stocks in a turbulent market, Levi’s ($NYSE:LEVI) have been a little weathered by a rough-and-tumble September – although the stock has bounced back. 

However, alternative data paints a mixed picture of the California clothing company – when Levis announces earnings on Tuesday October 8, analysts tracked by Zacks Investment Research are looking for EPS $0.27.

For our first chart, the good news is that Levi job postings are up near all-time highs; but the downside is that they’ve slipped from where they were at the beginning of the third quarter. From where job postings stood at the end of Q2, until the end of Q3, Levi’s saw about 5% fewer job postings. It’s not uncommon to see a company, after struggling post-IPO, recalibrate hiring plans – although Levi’s reduction in job postings falls far short of its 14% drop from where the stock popped after its March 2019 market debut. 

More worrisome than job postings is Levi’s social media traffic, which reflects that consumers are spending less time talking about it, and not more. It’s not ‘Forever 21-bad,’ but isn’t great for a company that has a ton of brand recognizability and the potential to launch DTC channels, since it doesn’t have a huge real estate presence the way so many other major retailers have developed a footprint. 

It’s still early innings for Levi’s, but the storied American brand’s latest chapter reflects a legacy company that may have timed its market debut well – and now has to contend with what other tech startups who made spashy IPO debuts are fighting, in a lousy trade environment. 

About the Data: 

Thinknum tracks companies using information they post online – jobs, social and web traffic, product sales and app ratings – and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Originally Posted on October 7, 2019 – Levi’s Aims To Grow, In Spite Of Post-IPO Woes

Disclosure: Interactive Brokers

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Thinknum Media and is being posted with permission from Thinknum Media. The views expressed in this material are solely those of the author and/or Thinknum Media and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

trading top