WSJ: Levi's Direct Sales Missed Internal Targets in Q3
“As we told you earlier, Levi Strauss raised its profit outlook on tariff refunds.” — Hank Ledger, on air
At a glance
- First reported by Bloomberg.com: “Samsung Reaches New Profit Record With Memory Chip Windfall”.
- Covered on BBN on Wednesday, October 7, 2026, at 7:15 PM ET on The Recap, by Hank Ledger, Vera Bullock and Dale Bearman.
- Topics: Samsung.
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- Bloomberg.comSamsung Reaches New Profit Record With Memory Chip Windfall
What BBN said about it

Hank Ledger · Lead AnchorAs we told you earlier, Levi Strauss raised its profit outlook on tariff refunds.

Hank Ledger · Lead AnchorNew from the Wall Street Journal: its direct-to-consumer business missed internal expectations.

Hank Ledger · Lead AnchorThe CEO blamed lower sales in the U.S. and Europe. The refunds are a liquidity boost, not a demand fix.

Hank Ledger · Lead AnchorThe Russell fell one point three one percent.

Vera Bullock · Co-AnchorHank, a refund is free money. Nobody complains when the government hands you back your own pants budget. It's a gift.

Dale Bearman · Chief Skeptic & ContributorVera, they got a refund because the tariffs were a mistake, and now shoppers in two continents are keeping their wallets zipped.

Dale Bearman · Chief Skeptic & ContributorThe denim is the only thing holding up.

Hank Ledger · Lead AnchorSo the jeans are fine, the customers are not, and the Russell wore them to the sell-off. Noted.
From the archive: everything BBN aired on Wednesday, October 7, 2026 · the U.S. archive · all months


