Shares of Levi Strauss & Co. (NYSE:LEVI) fell sharply in today's pre-market trading following third-quarter results.

Levi Strauss posted better-than-expected earnings for its third quarter, while sales missed estimates. The company said it sees fiscal year 2024 adjusted earnings at a mid-point of between $1.17 and $1.27 per share, versus the $1.25 estimate.

Levi Strauss shares dipped 10.6% to $18.80 in the pre-market trading session.

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