Levi strauss & co. receives ratings upgrade from fitch ratings

San francisco--(business wire)--levi strauss & co. (ls&co.) (nyse: levi) today announced that fitch ratings has upgraded its long-term issuer default rating (idr) to 'bbb-' from 'bb+'. the investment grade rating accompanies an indication to the market that the company has a stable rating outlook. "the upgrade from fitch underscores our commitment to financial discipline while driving strategic growth across regions, channels and categories," said harmit singh, chief financial and growt.
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