Levi’s gives upbeat sales forecast — while leaning less on jeans

Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker reported fourth-quarter results and a full-year sales forecast that beat expectations, even as demand at its own stores clashed with a pullback among clothing retailers and a harsher foreign-exchange backdrop. However, a big chunk of those sales came from non-jeans, … Read more