Levi Strauss jumps as apparel maker raises annual forecasts

** Shares of apparel maker Levi Strauss & Co LEVI.N rise 8.3% to $21.37 in extended trading

** Company raised its annual revenue and profit forecasts; expects fiscal 2025 revenue to grow in the range of 1% to 2%, compared with a prior forecast of 1% to 2% decline

** It now expects annual adjusted earnings per share to be between $1.25 and $1.30, compared with a previous forecast of $1.20 to $1.25 per share

** LEVI is betting on strong demand for its denims in regions such as Europe in the face of tariff uncertainty

** Levi said its forecast accounts for current tariffs and assumes no major changes in the broader economic environment

** Levi Strauss up 14.5% YTD