Levi Strauss ( NYSE: LEVI) and VF Corporation ( NYSE: VFC) just wrapped their latest quarters, showing two apparel giants moving in opposite directions. Levi delivered Q3 revenue of $1.54 billion with 7% growth and a 61.7% gross margin. VF posted Q2 revenue of $2.80 billion with 1.6% growth and a 52.2% gross margin. One is executing cleanly. The other is drowning in debt.
President Trump has implemented tariffs on a global scale, with significant increases targeting Canada and pharmaceuticals, leading to heightened trade tensions and investor concern.