Levi Strauss posted better-than-expected revenue and profit for its quarterly results, which were supported by accelerated omnichannel and eCommerce capabilities in addition to shopper demand for refreshed wardrobes post-pandemic. And, in M&A, Stamps.com accepted an all-cash offer to go private from private equity firm Thoma Bravo. All this, Today in Data.
Data:
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991K: Number of paid customers Stamps.com said it had in Q1 2021.
$189.1B: Amount of mailing and shipping revenueStamps.com posted in Q1 2021.
35%: Rough share of U.S. consumers who changed waist sizes during the pandemic.
$11B: Approximate market cap of Levi Strauss as of Friday (July 9).
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$6.6B: Value of the all-cash offer Stamps.com accepted from Thoma Bravo to go private.
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