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MarketScreener Homepage  >  Equities  >  Nyse  >  Levi Strauss & Co.    LEVI

LEVI STRAUSS & CO.

(LEVI)
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Business Leaders Urge Senate to Pass Gun Legislation in Letter--Update

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09/12/2019 | 08:50am EDT

By Micah Maidenberg

Chief executives of dozens of companies ranging from Levi Strauss & Co. to Uber Technologies Inc. sent a letter to members of the Senate asking them to pass new legislation to prevent gun violence.

The letter asks Senators to pass legislation requiring background checks on gun sales and said failing to take action on the issue is unacceptable, a copy of the letter received by The Wall Street Journal shows.

"We are writing to you because we have a responsibility and obligation to stand up for the safety of our employees, customers and all Americans in the communities we serve across the country," the letter says.

Signatories to the letter include the CEOs of Uber and Levi Strauss, as well as Lyft Inc., Royal Caribbean Cruises Ltd. and warehouse company Prologis Inc.

In February, members of the House passed legislation that expanded background checks to nearly all gun sales.

On Tuesday, Senate Majority Leader Mitch McConnell (R., Ky.) declined to go into specifics on what legislation he would support, but he reiterated the Senate would only take up gun legislation that President Trump would sign.

The letter from the chief executives also urged senators to back so-called red-flag legislation. At the state level, red-flag bills allow courts to temporarily take guns from people deemed dangerous.

Write to Micah Maidenberg at micah.maidenberg@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
LEVI STRAUSS & CO. 3.72% 12.82 Delayed Quote.-33.54%
LYFT, INC. -4.73% 26.97 Delayed Quote.-37.30%
MEMBERS CO., LTD. -1.56% 1769 End-of-day quote.-22.31%
MICROCHIP TECHNOLOGY, INC. -1.56% 97.65 Delayed Quote.-5.27%
PROLOGIS, INC. -3.92% 95.3 Delayed Quote.6.91%
ROYAL CARIBBEAN CRUISES LTD -1.81% 61.24 Delayed Quote.-54.13%
UBER TECHNOLOGIES, INC. -2.47% 33.55 Delayed Quote.12.81%
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Financials (USD)
Sales 2020 4 110 M - -
Net income 2020 -208 M - -
Net Debt 2020 841 M - -
P/E ratio 2020 -21,0x
Yield 2020 1,47%
Capitalization 5 084 M 5 084 M -
EV / Sales 2020 1,44x
EV / Sales 2021 1,11x
Nbr of Employees 15 800
Free-Float 15,0%
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Technical analysis trends LEVI STRAUSS & CO.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 16,50 $
Last Close Price 12,82 $
Spread / Highest target 79,4%
Spread / Average Target 28,7%
Spread / Lowest Target -22,0%
EPS Revisions
Managers
NameTitle
Charles Victor Bergh President, Chief Executive Officer & Director
Stephen C. Neal Chairman
Harmit J. Singh Chief Financial Officer & Executive Vice President
Robert A. Eckert Independent Director
Troy Alstead Independent Director
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