Levi's Takes a Hit, Michelle Gass At Work

Michelle Gass was the CEO of Kohl's while Kohl's market cap went from $7.4BN (4/22) to $3.5BN (10/22).  It takes a lot of bad decisions to cut market cap in half, but Ms. Gass achieved it!!

Now she's at Levi's, serving as President.  And guess what?

Levi Strauss on Thursday reported a swing to a loss in the latest quarter amid a major drop in sales in the Americas region and wholesale revenue.

The San Francisco-based jeans maker posted a net loss for the fiscal second quarter ended May 28 of $2 million, or 0 cents a share, compared with a profit of $50 million, or 12 cents a share, for the same period a year earlier....--quoted at AOSHQ

Go woke......

Kinda the same as FAFO, ain'a?