• Kris Tuttle
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Kris Tuttle

Founder, IPO Candy
  • Posted on: 03/15/2019

    Will an IPO help Levi’s conquer the world?

    I think the timing is good for this IPO. The market is hungry for good consumer brand stocks. Look at how well Canada Goose ($GOOS) has done since their IPO. It's very expensive now. We published our note on the $LEVI IPO today and it's a very solid deal at the proposed price. I would expect them to raise the range next week before pricing. They have a great foundation (men's jeans) and are seeing good sustained growth in tops and women's. That combined with continued operational efficiency improvements makes for a pretty good and simple story. You can read our full note here if you like.
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