Levi Strauss & Co.’s shares fell after the clothing company delivered weaker than expected full-year guidance, forecasting a revenue decline that follows a year of mixed earnings reports.

Levi Strauss beats Q4 expectations but sees drop in shares due to light FY25 guidance impacted by stronger dollar.

Levi Strauss beat market expectations for fourth-quarter revenue on Wednesday, helped by robust demand for its denim skirts and dresses during the holiday quarter. The company reported revenue of $1.84 billion for the three months ended Dec.