Levi's reports higher profit, stock pops
Yahoo Finance's Julie Hyman and Brian Sozzi discuss why Levi's is trading higher today.
Video Transcript
BRIAN SOZZI: All right, before we head to break, let's pull up Levi's shares. They are actually ripping the face off any shorts out there after the company's earnings here. Stocks up about 10.4%. Company reported last night better than expected sales, better than expected earnings, some good strength in their wholesale business, profit margins up, market likes, all these things. In the 11:00 o'clock hour, we'll talk to Levi's CFO, Harmit Singh, about the quarter and the company's outlook.
