Levi’s blames profit decline on “lack of benefit from Black Friday”

// Levi’s profits down during fourth quarter
// Net revenues of £1.1 billion) declined 2%
// On an adjusted basis, profit was 26 cents a share, down from 30 cents a share a year agoLevi’s saw its profit drop during the fourth quarter and blamed the decline in sales on the lack of benefit from Black Friday.
For the fourth quarter ended November 24, the retailer saw net revenues of $1.5 billion (£1.1 billion), but declined two per cent on a reported basis and were near