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Levi's CFO Harmit Singh told Yahoo Finance Live he is seeing nothing in the jeans-maker data to suggest a recession in the U.S. is coming.
Singh said consumers have shown little resistance to higher prices for jeans, which reflects the retailer's efforts to help offset inflation it's seeing in areas like wages and cotton.
Strong pricing power indeed helped Levi's (LEVI) in the its most recent quarter.
The retailer said Wednesday evening that first quarter sales surged 22% from a year ago, ben...
>>> Read more: Levi's CFO: Not seeing any signs of a recession
Singh said consumers have shown little resistance to higher prices for jeans, which reflects the retailer's efforts to help offset inflation it's seeing in areas like wages and cotton.
Strong pricing power indeed helped Levi's (LEVI) in the its most recent quarter.
The retailer said Wednesday evening that first quarter sales surged 22% from a year ago, ben...
>>> Read more: Levi's CFO: Not seeing any signs of a recession
